PEOPLE — G.W.R. RESOURCES
E.G. Thompson appointed president and chief executive officer. N5…
News
PEOPLE — LABYRINTH RESOURCES
Roger Richer appointed vice-president; Clive Johnson appointed president; Courtney Neeb appointed director.
Industry’s image focus of meeting
The president of the Mining Association of British Columbia, Gary Livingstone, will speak at a Nov. 29 meeting hosted by the Vancouver branch of the Canadian Institute of Mining, Metallurgy and Petrol…
Argentina seeking increase in new foreign investment
Argentina’s finance minister, Domingo Cavallo, has urged foreign companies to increase investment in his country, especially the transport, energy and communications industries. At a Multisectoral Inv…
Nuclear industry shows multiple returns to taxpayers
The $4.7 billion that Canadian taxpayers have put into the nuclear industry during the past 40 years has been returned many times over, says a report sponsored by Atomic Energy of Canada and undertake…
Snip mine boosts Prime earnings
Prime Resources Group’s (TSE) share of gold production from the Snip mine increased 7% over the first nine months of the year, compared with the same period in 1992. Prime has a 40% interest in the un…
Wheaton River private placement
Wheaton River Minerals (TSE) has issued a $5.5-million private placement of 1.5 million special warrants at $3.65 each. Each warrant entitles the holder to acquire one unit consisting of one share and…
Loki Gold drilling uncovers new zone
A hole drilled by Loki Gold (VSE) has returned 0.103 oz. gold per ton over 72.2 ft. and identified a near-surface zone of mineralization on the Brewery Creek project near Dawson, Y.T. The hole, drille…
Golden News options Mexican copper company
Golden News Resources (VSE) has the right to acquire Minera Sanex, a Mexican copper company owned 51% by private individuals and 49% by Chutine Resources (VSE). Minera Sanex owns the San Antonio group…
LAST BUT NOT LEAST…Romeo and Juliet spark interest
Sampling at the Romeo and Juliet gold zones, near Baie Verte, Nfld., has returned high-grade values for NovaGold Resources (TSE). Grab samples from the property, 1,200 metres northwest of the Pine Cov…
Minera completes optimization study at Bellavista
Minera Rayrock (TSE) has completed an “optimization” study on its Bellavista gold mine project in Costa Rica. The study involved re-evaluating the reserve potential and revising the production schedul…
Gold Funds (November 22, 1993)
Gold Funds as of Nov. 16 BGR Central Net Value $15.19 $6.07 Price $14.00 $6.75 Premium 11.2% Discount 7.84% Value $85,098,000 $122,170,275…