PEOPLE — RICH COAST
Ian Borland appointed director.
1993
PEOPLE — LA CIEBA MINERALS
Bryan Frost, Roger Davey, Rodney Duncan, Irvin Ridd and Maynard Brown appointed directors.
STOCK MARKETS — Diamond issues stable in spite of market
A weak upward bounce by several diamond issues was not enough to overcome the general malaise on western markets. The Vancouver Stock Exchange resource index slipped more than 23 points to finish at 1…
Spot prices at a glance (August 02, 1993)
Week’s Price (US) Change Gold* $391.80 + $0.20 Silver* $ 5.07 + $0.02 Platinum* $405.60 + $1.85 Nickel** $ 2.24 + $0.02 Lead** $ 0.18 $0.00 Copper $ 0.88 + $0.02 Zinc $ 0.42 – $0.01 Courtesy of Scotia…
Cazador, Granduc plan merger
A planned merger between Cazador Explorations (VSE) and Granduc Mines (TSE) should go a long way toward raising the required financing to bring the Keystone gold project into production. Cazador can e…
Formation drilling at Black Pine
With an initial phase of drilling now complete, Formation Capital (VSE) recently began a second phase at its Black Pine property near Salmon, Idaho. It has also staked additional claims surrounding th…
Gold Reserve on TSE
Gold and diamond explorer Gold Reserve (NASDAQ) has been granted conditional approval for listing on the Toronto Stock Exchange. Subject to completion of certain requirements, the common shares of Gol…
Drilling program set for Beaufor
A 3-month, $900,000 exploration program is to begin at the Beaufor gold property near Val d’Or, Que., partners Aurizon Mines (ME) and Louvem Mines (ME) report. The program, designed to increase reserv…
THE DIAMOND PAGE — Matkin hearing tours B.C.
The inquiry into the operations and regulation of the Vancouver Stock Exchange (VSE) and British Columbia Securities Commission has taken to the road for public hearings. The inquiry headed by James M…
Barytex reorganizes, joins with Romanex; VSE-listed
Besides changing its name from Barytex Resources, the company has announced a change of control and a rollback of one new share for every four old shares. It has also amalgamated with a private compan…
LETTERS TO THE EDITOR — `Sustainable development’ fraud
Back in the summer of 1990, I took a trip to Winnipeg as a freelance journalist to cover the annual conference of mines and energy ministers. I was the only reporter at the conference, save for a brie…
Equinox funds Rosebud deal
With a $9-million private placement now closed, Equinox Resources (TSE) is on its way to buying the Rosebud gold project, in Nevada, from Lac Minerals (TSE). The purchase price for the 51% interest is…