PEOPLE — AME Res. Capital
Ernest Calvert and William Keast appointed directors.
1999
Gates boosts position in Canadian silver miner
Microsoft Chairman Bill Gates has become an insider of Pan American Silver after investing US$16 million in the Vancouver-based firm, giving him a 10.3% stake.According to papers filed with the U.S. S…
TSE introduces stricter listing requirements
Under rules revised to eliminate inactive or poorly performing listings, resource companies trading on the Toronto Stock Exchange must boost minimum exploration or development budgets by $100,000, to …
GOLD FUNDS (October 11, 1999)
Gold Funds as of September 30, 1999BGRCentralNet Value$14.776.03Price$10.70…
TSE INDICES (October 11, 1999)
1999 — DateOct. 5Oct. 4Oct. 1Sep. 30Sep. 29HighLow…
Platexco eyes PGM property
Platexco (PTX-T) is conducting a US$1.7-million bankable feasibility study at its Winnaarshoek platinum- palladium-rhodium-gold property on the eastern limb of the Bushveld igneous complex in South Af…
Valerie completes due diligence
Having completed its due diligence, junior Valerie Gold Resources (VLG-V) is proceeding with exploration of the Santa Barbara gold-copper project in Ecuador.Valerie can earn a half-interest in the pro…
Guinea feasibility study positive for Semafo
A feasibility study on the Jean-Gobele gold project in east-central Guinea has concluded that a 55,000-oz.-per-year open pit mine would be profitable at a gold price of US$260 per oz.Commissioned by o…
Pele Mountain starts program
An agreement with Battle Mountain Gold (BMC-T) sets the stage for Pele Mountain Resource (PELE-C) to test a bulk sample from its wholly owned WAWA gold project in Ontario.The junior has already starte…
Companies (October 11, 1999)
Agnico-Eagle MinesAlberta EnergyAmerican Mineral FieldsAnaconda NickelAnglo AmericanAnglogoldAsarcoAshanti GoldfieldsAshton Mining of CanadaAtna ResourcesBarramundi GoldBarrick GoldBattle Mountain Gol…
Newmont funds drilling at Longline gold property
A 3,000-metre drill program is under way on Barramundi Gold’s (BAM-A) Longline project in west-central Yukon.The program is being operated and funded by a Canadian unit of Newmont Mining (NEM-N), whic…
MOST ACTIVE ISSUES (October 11, 1999)
ExchgVolume (000s)HighLowCloseChangePlacer DomeT3…