News

Thayer Lindsley, a lanky New Englander whose second home became Canada, founded Falconbridge Nickel Mines (and ushered into existence a host of others, most prominent among them Sherritt Gordon Mines …

James Wetherill appointed director succeeding George Heard.

Michael McInnis and Pauline McInnes appointed directors succeeding Robert Hunter, Jean Monroe and Douglas McRae who resigned.

International Potential Exploration Inc. (IEP:VSE) has changed its name to Banyan Industries International Inc.

Valerie Gold Resources Ltd. (VLG:VSE) has changed its transfer agent to Pacific Corporate Trust Co.

MPH Consulting and William Hill Mining Consultants recently merged into a single independent team of mining and exploration consultants under the name MPH Consulting Ltd. The company is based in Toron…

Shareholders of Liberian Iron Ore (TSE) approved the reduction of the company’s stated capital by almost US$21.5 million and directed the distribution of US$5.43 per share to shareholders of record Ma…

Jefferey Johnson elected president replacing Neil Anderson; Kevin Johnson appointed a director and secretary; Dennis Fitzmaurice appointed a director.

Tandem Resources (ME) recently purchased an additional 250,000 shares of North American Rare Metals (ME) on the open market for, Tandem said, investment purposes. Tandem now owns about 4.3 million sha…

Cutty Resources Inc. (CUY:VSE) has changed its name to Hatco Capital Inc. with no consolidation of capital. The transfer agent is Central Guaranty Trust.

After a disappointing performance in 1990, when the company was forced to close both its Kremzar and Ketza River gold mines, Canamax Resources (TSE) is pinning its hopes on the Golden Highway project …

Conforming with a trend to test old copper porphyry deposits for gold content, Cactus West Exploration (VSE) is planning a program for its Bank of Idaho property in southwestern Idaho. Cactus West acq…