News

The shares of International Platinum Corp. (TSE, NASDAQ) remain barred from trading as the company and its anxious investors await the results of an independent investigation launched by the Toronto S…

Victor Coulthard and Larry McLean appointed directors.

Larry McLean appointed director.

Glen Dickson appointed president; William McCrindle appointed vice-president and John Greig appointed chairman.

Murray Provost and Bruce Horner appointed directors.

A seat on the New York Mercantile Exchange (Nymex) has sold for a record US$425,000. The previous high of US$400,000 was set in December. The commodity exchange, a major dealer in oil futures and opti…

Mineral Park Mining (MPK:VSE) has changed its name to IMP Industrial Mineral Park Mining (IME:VSE) on a 1-new-for-4.5-old-share basis. The transfer agent is Pacific Corporate Trust Co.

Darryl Drummond appointed director and vice-president, explorations.

Charles Bruce appointed director.

James Yates appointed president and director; Robert Quartermaine and H. Gill appointed directors.

James Clubb, Timothy Unwin and James Beckerleg appointed directors; Brian Sutton appointed chief operating officer and director.

Two studies by Brazil’s national mining department indicate a sharp decline in garimpeiros activity. The U.S. Bureau of Mines reports that the number of garimpeiros in Brazil has fallen to 400,000 fro…