PEOPLE WINSLOW GOLD
Gerald Ross appointed chairman of the board and chief executive officer; Hugh Ross appointed president and chief financial officer; Ketan Panchmatia appointed secretary/treasurer.
News
Noranda in search for new reserves
The minerals division of Noranda (TSE) maintains one of the largest exploration programs in the Western world and is currently testing more than 600 properties directly and in conjunction with partner…
FINANCING (May 06, 1991)
Williams Creek Explorations Ltd. — 900,000 shares offered @ 50 cents per share. Jordex Resources Inc. — 400,000 shares offered @ $2.03 per share. Thios Resources Inc. — 1,500,000 units consisting o…
Alberta Stock Exchange Golconda drilling
Assays are being received for the first-phase drilling program at the Goldridge gold prospect in Oregon, Golconda Resources reported. The junior, which slipped a penny to 65 cents, traded almost 300,0…
EDITORIAL PAGE NDP fails to face reality
Much dissension and flak pertaining to the New Democratic Party of Ontario’s initial budget has been voiced in the national press and across the airwaves. Anything we could write here would be almost …
U.S. REPORT Geology group forms in Republic
A new geological society has been formed by 20 geologists representing the major mining and exploration companies operating in the Republic district of northern Washington. Dave Waisman, president of…
Parson barite mine receives safety award for small mines
The Parson barite mine in British Columbia recently won the 40th annual Small Mine Safety Award for the third consecutive year. The Parson operation, privately owned by Mountain Minerals of Lethbridge…
Bond Gold drops Shoal Lake option
After a year-long legal battle to secure its rights to the Shoal Lake claims in northwestern Ontario, Bond Gold Canada (TSE) has dropped its option to earn the remaining 50% interest in the gold prope…
Teck will take 450,000 oz. gold from Hemlo in ’91
With a 50% interest in two of Canada’s richest gold mines, Teck (TSE) was able to chalk up healthy financial results for yet another year. President Norman Keevil told shareholders at the recent annu…
PEOPLE CALLAHAN MINING
William Nicely elected chairman, president and chief executive officer succeeding Charles Snead who resigned.
Montreal Exchange Changes for La Sarre
The senior mining companies fared well during the week ended April 30 in terms of trading activity, although the general daily volumes, in the range of 2.9 million to 5.2 million shares, were off from…
Noranda offers Hemlo all its gold properties
Noranda (TSE) has offered to sell all of its gold assets worldwide to Hemlo Gold (TSE) for $80 million. If the deal goes through, it would boost Hemlo’s reserves of proven and possible contained gold …