KWG and St. Gen resume trading
The shares of disgraced companies St. Genevive Resources (SGY-T) and affiliate KWG Resources (KWG-T) are now trading as penny stocks after their move onto the Canadian Dealing Network, using the symbo…
KWG Resources Inc
St. Genevive to sell interests in affiliates
In order to reimburse three affiliated companies for some $21-million worth of “unauthorized borrowing,” St. Genevive Resources (DHB-Y) says it will sell its interests in at least four affiliates and …
Companies (December 15, 1997)
Adrian ResourcesAGC Americas GoldAgnico Eagle MinesAlto MineralsAmax GoldAmbrex MiningAntares Mining and ExplorationAnvil RangeArmada GoldAtna ResourcesAurizon MinesBand-Ore ResourcesBanro ResourcesBa…
Funds diverted from St. Gen-managed accounts – St. Genevieve, KWG file for protection from creditors
Reykjavik-based junior Icelandic Gold (ICEG-C) has revealed that at least $400,000 has been diverted without authorization from bank accounts administered on its behalf by Montreal-based St. Genevieve…
STOCK MARKETS — Depressed mining stocks point to sluggish VSE — Cross Lake, Mountain Lake among the few juniors to buck the trend
The Vancouver Stock Exchange composite index closed down 25.86 points, or 3.9%, to close at 631.35 for the report period ended Dec. 2. The mining index dropped 24.95 points, or 4.6%, to close at 515.3…
GLOBAL SEARCH FOR GOLD — KWG augments holdings in Russia
Montreal-based KWG Resources (KWG-T) has acquired a half interest in the Mnogoverchinny (MG) gold mine in far eastern Russia.Situated in the Khabarovsk region, the mine contains proven and probable re…
MINERAL EXPLORATION — Spider and KWG pursue Wawa diamonds
Spider Resources (SPQ-A) and equal joint-venture partner and affiliate KWG Resources (KWG-T) have wrapped up a first phase of exploration work at their diamond property north of Wawa, Ont., alongside …
LITERATURE REVIEW — KWG sees four mines on Russian horizon
Through its wholly owned subsidiary, Far East Gold (FEGI-C), Montreal-based KWG Resources (kwg-t) has signed letters of intent with two Russian gold companies to acquire interests in four gold deposit…
KWG set to become significant nickel producer — Company will share laterite project with Cuba
A nickel deal signed with the government of Cuba should more than double the value of assets belonging to KWG Resources (KWG-T).KWG, a 26%-owned affiliate of St. Genevieve Resources (SGV-T), signed a …
STOCK MARKETS — Western markets negotiate a slippery slope — Latin America explorers off, diamond explorers lacklustre
The Vancouver Stock Exchange composite index was down over the report period ended June 10, losing 28.76 points to finish the week at 961.32.The Alberta Exchange, which also continued to slide, was of…
DIAMOND NEWS ROUNDUP — Spider, KWG busy in Brazil
Joint-Venture partners KWG Resources (KWG-T) and Spider Resources (SPQ-A) have recovered lamproite indicator minerals from five samples taken from the Contendas structure in central Brazil.The samples…
KWG, Falco outline anomaly in DR
Early exploration efforts by partners KWG Resources (KWG-T) and Falconbridge (FL-T) on the Managua prospect in the Dominican Republic have proved fruitful.Managua, a 1.6-by-0.6-km induced-polarization…