1996


Birim drills Akrokeri in Ghana

Montreal-based Birim Goldfields (BGI-T) has completed a first-phase, surface drill program at the past-producing Akrokeri gold mine in Ghana.The 4,800-ha property in the Ashanti belt is 90%-owned by B…


Rea Gold acquires Brazilian project

Junior Rea Gold (REO-T) has signed a letter of intent to acquire the Pitangui gold project in Brazil.Terms of the agreement call for the company to pay owner Luxembourg-based Minorco a total of US$5.1…


Noranda explores La Grande Nord

A geophysical program by Noranda (NOR-T) will explore polymetallic showings at its La Grande Nord property in Quebec.Previous work, including trenching and grab samples, at the 330-sq-km property, nea…


PEOPLE — BAREXOR MINERALS

Michel David appointed chairman; Pieter Duhaime appointed president, chief executive officer and secretary; S. Hamilton appointed vice-president of exploration.



Improved markets needed for Faro

A review of the Faro mine of Anvil Range Mining (ARO-T) has recommended that the lead-zinc mine remain closed until the market for those metals improves.The review found that optimistic metal price fo…



Placer, Brazilian strike Sabara deal

The Brazilian subsidiary of Placer Dome (PDG-T) will acquire from Brazilian Resources (BZIN-C) an interest in the Sabara gold property.To earn its 70% stake, Placer Dome must make option payments wort…



Corrections (December 30, 1996)

Band-Ore Resources trades on the Toronto Stock Exchange under the ticker symbol BAN. Incorrect information appeared in the issue of Dec. 16.



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