Kachmar resigns Dickenson post

The president of Dickenson Mines (TSE), John Kachmar, resigned his position at the company annual meeting. Kachmar, who had been with the company for nine years, including the past four years as president, said he was resigning “as part of an orderly and normal process.” He said he will continue to sit on the board of directors and act in a consulting capacity with Dickenson.

Dickenson, which operates the White gold mine at Red Lake, Ont., and is the controlling shareholder of Wharf Resources, a heap leach gold producer in South Dakota, was taken over in 1989 by Goldcorp Investments, a Toronto-based gold fund.

Shareholders at the annual meeting, voting to fill six seats on the board, were presented with two slates of directors names. Kachmar and the names of three other persons appeared on both lists. Management’s recommendations also included James McCartney, a lawyer, and Donald Haldenby, a director of Goldcorp and also president of CSA Management, which acts as Goldcorp’s manager.

The slate presented by Robert McEwen, chairman of both Dickenson and CSA and president of Goldcorp, also included the names of Hugh Snyder, president of Southernera Resources, and David Barr, a geological consultant.

Snyder and Barr were elected to the board in place of McCartney and Haldenby.

McEwen stated emphatically none of the senior officers of Dickenson had been given a notice of termination.


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