Iamgold finances African programs
A private placement valued at $15 million will aid privately owned Iamgold in its West African initiatives.The company will use the proceeds to acquire, explore and develop precious metal properties.I…
News
ODDS’N’SODS — A rewarding weekend
In the early 1950s, it was discovered that gold reserves were fast-declining at two of the chief operations in Ontario’s Geraldton camp, namely the Little Long Lac and MacLoed-Cockshott mines. People …
PEOPLE — INT’L COPPER
Christopher Lee appointed program director of environmental division; Konrad Kundig appointed director of communications and technical information services; Brian Moreton appointed vice-president of E…
Spot prices at a glance (August 07, 1995)
Wednesday, August 2Week’sPrice (US)ChangeGold*$382.65-$3.15Silver*$5.15 $0.00Platinum*$422.00-$8.50Nickel**$3.91+$0.03Lead**$0.28$0.00Copper $1.35+$0.01Zinca$0.46 $0.00C…
PEOPLE — EMPEROR GOLD (August 07, 1995)
Arthur Troup and Ross Guenther appointed directors.
Mansfield explores copper prospects in N.W. Argentina
Preliminary exploration of the Brealito property in northwestern Argentina is outlining a zone of porphyry copper-silver mineralization.Mansfield Resources (VSE) estimates the zone measures 500 by 600…
PEOPLE — CYPRUS AMAX (August 07, 1995)
Christopher Crowl named director of organizational services.
PEOPLE — BORON CHEMICALS (August 07, 1995)
Robert Cogliandro appointed vice-president.
DIAMOND NEWS ROUNDUP — Aber gears up for bulk sampling work at Diavik project
At the Diavik project near Lac de Gras, N.W.T., a 1-km-long decline is being driven to the 155-metre level in preparation for bulk sampling, to begin in the new year.Aber Resources (TSE) holds a 40% i…
STOCK MARKETS — GREATEST VALUE TRADED, JULY 26-AUGUST 1
Exchange Value($000s)HighLowCloseChange Barrick Gold T126650$35 3/833 7/835 3/8+3/4Placer Dome T117249$36 7/83435 1/2-1Inco Ltd T110618$46 5/84545-7/8Falconbridge T59748$29…
Meetings (August 07, 1995)
MEETINGSAug. 14, JentanAug. 14, LoumicAug. 14, NucanolanAug. 14, RupertAug. 15, Bellevue Aug. 15, NewcoastAug. 15, Springsyde Aug. 15, TakuraAug. 15, Webex Aug. 15, YamanaAug. 16, Alpha GoldAug. 16, I…
GOLD FUNDS (August 07, 1995)
Gold Funds as of August 1BGRCentralNet Value$18.05$6.60Price$13.88$6.375Discount23.13%3.4%Value$141,116,000$115,383,038…