News


Gold Funds (August 01, 1994)

Gold Funds as of July 25 BGR Central Net Value $17.29 $6.79 Price $15.50 $7.125 Premium 4.9% Discount 10.34% Value $140,450,000 $128,957,513…


Noble Peak raises money

Alberta-listed Noble Peak Resources is raising $400,000 through a private placement of flow-through common shares. The company recently optioned ground to Cyprus Canada, a unit of Cyprus Amax Minerals…


Hemlo Gold’s earnings increase

Increased gold production, a higher gold price and a weaker Canadian dollar all enabled Hemlo Gold Mines (TSE) to increase earnings to $38.1 million (or 39 cents a share) for the first half of 1994 fr…


Central Crude raises funding

A private placement of 6 million special warrants has raised $9.3 million for Central Crude (TSE). The company, which is changing its name to River Gold Mines, intends to use most of the proceeds to d…



ODDS’N’SODS — Conditioning comes in handy

Late on a December evening in 1946, while I was deeply involved in study in the basement of our house, I received a phone call from H.L. Batten, managing director of Canadian Exploration Ltd. Batten a…


PEOPLE — CONS. SHASTA

James Curtis appointed president and director; David Fry and Frederick DeVries appointed director.



PEOPLE — GOLDEN NEWS

Christopher Serin appointed vice-president of finance, chief financial officer and director.


PEOPLE — BARKGOR

Gerald Newcomen, Hartley Lundell and Frances Petryshen elected directors.



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