PEOPLE — TRANS ATLANTIC (December 18, 1995)
Christopher Serin appointed director, president and chief executive officer; Bedo Kalpakian appointed chairman; Jacob Kalpakian, Geoffrey Carter and David Ekmekjian appointed directors.
News
Brascan to sell control of Westmin
A proposed unit offering through an underwriting group will raise almost $70 million for Westmin Resources (TSE) and allow Brascan to sell its 35.9 million shares of the Vancouver-based mining and exp…
Metal Prices — FREE MARKET (December 18, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateDec. 12 Dec. 11Dec. 8 Dec. 7 Dec. 6Copper2955-2960 2994-29952965-29702978-29832970-2975Lead736-737 744-746740.5-742.5737.5-738…
Drills turning at Morgain’s Horwood
A surface gold showing, discovered in October, is being drill-tested at the Horwood Twp. property of Morgain Minerals (VSE).Meanwhile, geophysical surveys have resulted in the discovery of an anomaly …
Granges sets budget for 1996 exploration
Exploration spending by Granges (TSE) is expected to total US$6.1 million next year.The company plans to spend US$2.5 million in Nevada and US$1.3 million in South America. A further US$2.3 million wi…
Rea to recover from third quarter
Mechanical problems at the Mt. Hamilton mine have taken their toll on Rea Gold (TSE), as has the mining of a low-grade ore zone there.Production at the mine, situated near Ely, Nev., slipped to 7,100 …
PEOPLE — SAN FERNANDO (December 18, 1995)
John Brown appointed director.
PEOPLE — QUINTO MINING (December 18, 1995)
Alexander Cox appointed director.
PEOPLE — PROBE EXPL.
Lawrence Nachshen and Jean-Guy Lambert appointed directors.
PEOPLE — PRECISION INTL.
Craig Steinke appointed president and director.
Worker killed at Seabee mine
Aaron Warren, 42, of Yahk, B.C., was killed on Nov. 24 by a falling rock at Claude Resources’ Seabee gold mine in Saskatchewan. It was the first fatality at the underground mine, which opened in 1991….
Toronto Stock Exchange Indices (December 18, 1995)
1995 Dec 12Dec 11Dec 8Dec 7Dec 6HighLowComposite”300″4703.674739.844740.574724.304745.104752.803983.34Metals&Minerals5089.875124.885149.775184.595247.245276.123273.56Integrated Min…