Reserves dip for Battle Mountain
While Battle Mountain Gold (NYSE) added 735,000 oz. gold to its reserve base in 1995, the amount was not sufficient to prevent a decrease in its overall inventory.The proven and probable figure stands…
Lihir Gold Limited
EDITORIAL PAGE — Gold and the Big Four
The gold industry is undergoing some fundamental changes. For proof of this, one need look no farther than the latest industry review by Gold Fields Mineral Services, entitled Gold 1995.The review, wh…
Lihir announces public offering
A registration statement has been filed with the U.S. Securities and Exchange Commission relating to the sale of shares in newcomer Lihir Gold.The company, newly incorporated in Papua New Guinea, plan…
Battle Mountain posts profit
On the strength of higher gold production from the Kori Kolla mine in Bolivia, Battle Mountain Gold (NYSE) posted a profit for the first quarter.Net income was US$2.5 million which, after a preferred …