1996

PEOPLE — INT’L CALNEVA GOLD (May 27, 1996)

Scott Baxter appointed chief executive officer, president and director; Ian Macdonald appointed vice-president, secretary and director; William Bellington and Shraga Dachner appointed directors.


HRC and Inmet file bid on Ethiopian play

A gold operation in southern Ethiopia is attracting the interest of Inmet Mining (TSE) and HRC Development (VSE).The former hopes to acquire the Legadembi gold mine from the Ethiopian government and i…







Glamis bid pushes Eldorado into red

Legal costs associated with defending the failed takeover attempt by Glamis Gold helped push Eldorado Gold (TSE) into the red for 1995.The company recorded a loss of US$2.4 million for the year after …


PEOPLE — CLAUDE RES.

Arnie Hillier appointed vice-chairman, chief executive officer and chief financial officer; Neil McMillan appointed president.



Gold intersected at Golden Hill project in Cuba

The latest drilling at the Golden Hill project in Cuba has yielded impressive results.Hole GH-71, drilled vertically on the Little Golden Hill zone, intersected 27.25 metres of near-surface oxide mate…


Lyon Lake works toward startup at Beta Vargas

The first company to get a production permit from the Costa Rican government in 11 years is Montreal-listed Lyon Lake Mines, which can now develop its Beta Vargas gold project.Beta Vargas, 150 km west…


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