Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Oil who wrote (3012)	3/1/1999 10:36:00 AM
From: Link Lady	Read Replies (1) \| Respond to of 3282

ABX has new CEO & CFO Will this mean a new offer? newswire.ca Barrick Appoints Oliphant CEO - Carrington becomes Vice Chairman & COO TORONTO, March 1 /CNW/ - Barrick Gold Corporation's Board of Directors announced today the appointments of Randall Oliphant as President and Chief Executive Officer, and John K. Carrington as Vice Chairman in addition to his role as Chief Operating Officer. Both appointments are effective immediately. Mr. Oliphant was Executive Vice President and Chief Financial Officer and has held progressively responsible positions with Barrick since joining in 1987. He has been Chief Financial Officer since 1994 and has effectively played a key role in the Company's overall strategy and development. Mr. Oliphant's range of experience has included Vice President of Corporate Development and Vice President and Treasurer. He has been a Director of the Corporation since 1997. Prior to joining Barrick, Mr. Oliphant was a chartered accountant with Coopers & Lybrand. ''Randall Oliphant has proven himself to be a natural leader and will very capably lead our organization forward,'' said Peter Munk, Founder and Chairman. ''Randall has an intimate knowledge of Barrick's strengths and strategies as well as the mining industry. He has been an integral part of our success for over a decade and is in a unique position to lead us into a new era of growth,'' added Mr. Munk. Mr. Carrington joined Barrick in 1995 as Executive Vice President, Operations, and was promoted to Chief Operating Officer in 1996 succeeding Robert M. Smith in that role. Mr. Carrington has been a Director of the Corporation since 1996. Previously, he held executive operating positions with a number of major mining companies. ''With Randall Oliphant as President & CEO and John Carrington as Vice Chairman and COO, Barrick is continuing its tradition of combining a financially-oriented business approach with top-notch mining expertise,'' said Mr. Munk. Mr. Oliphant said: ''Barrick has just achieved its best year ever by any measure and I look forward to leading our team to even greater accomplishments in the future.'' Barrick Gold Corporation is a leading gold producer focused on low-cost production growth from high quality assets. The Company is entering a new era of growth and is expected to produce 3.6 million ounces of gold at a cash operating cost of US$125 in 1999. Barrick's shares are traded under the ticker symbol ABX on the Toronto, Montreal, New York, London, Swiss Stock Exchanges, and the Paris Bourse.

To: Mr. Oil who wrote (3012)	3/1/1999 10:52:00 AM
From: Gord Bolton	Read Replies (1) \| Respond to of 3282

Veladero Growth Continues - Argentina March 1, 1999 Vancouver-based Argentina Gold (VSE: ARP) says results from the latest three holes drilled at its Veladero gold-silver project in Argentina's western San Juan province have increased the grades and extended mineralization at the property. Drilling continues. Results included 70m grading 5.72g/t gold, 52.34g/t silver (gold equivalent 6.77g/t) on the Amable target and 142m grading 2.63g/t gold and 32.8g/t silver. Current reserve estimates for Veladero are eight million ounces of gold equivalent. Argentina Gold is the project's operator with a 60% interest, with Toronto-based Barrick Gold (NYSE, TSE, MSE: ABX) holding 40%. CIMM Labs of Chile assay the drill samples. Source: BNA