TSE SHORT POSITIONS (January 20, 1997)
Short positions outstanding at December 31, 1996Larger individual positions included: Barrick Gold 12,334,883; up 1,335,881; Agnico-Eagle 505,768; Asia Pacific Resources 92,000, down 110,950; Anvil Ra…
News
Drill results add color to Albino
Drilling at the Albino 1 gold property in Venezuela has expanded reserves for owner Crystallex International (KRY-T), while, at the same time, adding promise to other nearby targets.The results stem f…
Fort Knox eyes Klu and Nikolai
Toronto-based junior Fort Knox Gold Resources (FNX-T) will earn a 45% interest in the Klu and Nikolai properties of Inco (N-T).The Klu comprises 526 contiguous claims totalling 11,000 ha in the Yukon,…
Iamgold catapulted to status of gold producer
The first gold pour at the Sadiola Hill mine in western Mali has transformed Iamgold (IMG-T) into a producer.”Prior to this event, we were a company with a mine under development. The first pour and t…
Grayd Resources tests Dry Creek for VMS
Reconnaissance drilling at the Dry Creek property near Fairbanks, Alaska, has returned encouraging values for Grayd Resource (GYD-V).The program was carried out on the Red Mountain massive sulphide zo…
Placer revives takeover plans for Highlands
Vancouver-based Placer Dome (PDG-T) has fallen back on its original plan for a hostile takeover of Australian-based Highlands Gold now that a proposed underwriting of a new company has failed.The unde…
FACTS’N’FIGURES — India’s untapped potential
Recent changes to India’s mining regulations are paving the way for increased foreign investment in that sector and a stronger Indian economy.At a recent conference in London, B.P. Baishya, India’s mi…
PEOPLE — WESTMOUNT (January 20, 1997)
Scott and Paul Marshall appointed directors.
PEOPLE — VOISEY BAY RES. (January 20, 1997)
Stephen Walters appointed exploration manager of Indonesia.
PEOPLE — SHORE GOLD (January 20, 1997)
Edward Schiller appointed director.
PEOPLE — STARPOINT GOLDFIELDS (January 20, 1997)
Rafik Rashul appointed vice-president of Angolan operations.
China Clipper to evaluate ground
Ottawa-based China Clipper Gold Mines (CXX-A) has signed a memorandum of understanding with the East China bureau of the Metallurgical Industry Ministry concerning three early-stage gold properties in…