NEWS IN BRIEF (May 29, 1995)
Lansdowne Minerals (LNM:VSE) has changed its name to Conquistador Mines (CQL:VSE) on a share-for-share basis.
News
Electra plans to prolong Aurora’s output
While mining has temporarily ceased at the Aurora gold mine in southwestern Nevada, Electra Mining Consolidated (VSE) expects that production from existing ore on the heap-leach pads will continue int…
COMMENTARY — Worldwide gold exploration prospects
The Mining Investment Service of Tucson, Ariz., has compiled a study based on 434 gold exploration deposits throughout the world. And although these projects exist at various stages of exploration, su…
PEOPLE — SANTA FE PACIFIC GOLD (May 29, 1995)
Roy Wilkes appointed senior vice-president of operations.
PEOPLE — GRANGES (May 29, 1995)
Michael Richings appointed president and chief executive officer.
PEOPLE — FIRST DYNASTY (May 29, 1995)
Timothy Haddon, Johannes Kotjo, Beverly Downing, Guy Hodgson, Frederick Park and John Paterson elected directors.
PEOPLE — BIRCH MOUNTAIN (May 29, 1995)
Richard Garnett elected chairman.
Meetings (May 29, 1995)
MEETINGSJune 5, Aztec — annualJune 5, Eldorado — annual, generalJune 5, Golden Queen — extraordinaryJune 5, Klondex Mines — annual, generalJune 5, Newscope — annual, generalJune 6, Arjon Gold — …
Louvicourt adds to Novicourt earnings
Junior Novicourt (ME) generated $11.9 million in revenue during the first quarter.The revenue was derived from the company’s 45% interest in the Louvicourt base metal mine near Val d’Or, Que.The Louvi…
Gold Reserve works Km 88 play
With three rigs operating and 40 more holes planned for the current phase of drilling, Gold Reserve (TSE) continues to receive encouraging results from its Las Brisas property.Situated within the Kilo…
Musto shareholders support offer
Shareholders of International Musto Explorations (TSE) have tendered almost 33.4 million shares (or about 98% of those that are outstanding) in favor of a bid made by Rio Algom (TSE) and Australian-ba…
Kinross takes on Nevada project
For a half interest in the Goldbanks gold property near Winnemucca, Nev., Kinross Gold (TSE) will pay Restoration Minerals, a small private company, US$6 million and 800,000 shares of Kinross stock.Ki…