1996



Coeur makes bid for Gasgoyne Gold

Coeur d’Alene Mines (NYSE) is proceeding with its takeover of Australian-listed Gasgoyne Gold Mines.In December 1995, Coeur bought a 20% stake in the company, and is now offering seven common shares o…


Investors fund gold exploration in Timbuktu

Timbuktu Gold (ASE) has completed the private placement of 4 million shares at $1.30 per share for net proceeds of $4.8 million.The company will use the funds for exploration of its properties in Mali…


Meetings (February 26, 1996)

MEETINGSMarch 5, Braiden March 5, Canadian Reserve Gold March 6, Rhino March 7, Chargold March 7, Latin American Gold March 8, Copper Dome March 8, Jilbey March 8, Kookaburra March 8, Golden Hill Marc…


Band-Ore pulls gold at Thorne (February 26, 1996)

The latest drill hole at Band-Ore Resources’ (CDN) Thorne property, 10 km west of Timmins, Ont., has encountered strong gold mineralization.Hole No. 12 was drilled south of the known mineralization of…


Queenstake plans programs in Peru

Mapping and sampling will be carried out at the Peruvian properties of Queenstake Resources (TSE).The work is intended to define drill targets at the Chupaca and Olleros properties in an effort to def…



PEOPLE — SULLIDEN

Jacques Trottier appointed president; Guy Hebert and Jean Rainville ap- pointed directors.




Battle Mountain reports record gold output

A strong fourth quarter and record gold production led Battle Mountain Gold (NYSE) to post net income for 1995.After quarterly dividends, Battle Mountain earned US$512,000 (or 1 cents per share) durin…


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