Teck axes 125 at Quintette
A backlog of coal inventories at the port in Prince Rupert, B.C., has forced Teck (TEK-T) to lay off 125 employees of the province’s Quintette mine.In addition to reducing the mine’s workforce to 500,…
A backlog of coal inventories at the port in Prince Rupert, B.C., has forced Teck (TEK-T) to lay off 125 employees of the province’s Quintette mine.In addition to reducing the mine’s workforce to 500,…
DiamondWorks (DMW-T) has raised $6.4 million to develop its various properties throughout the world.The private placement consisted of 28 million units priced at 23 cents each. A unit comprises one sh…
Searchgold Resources (RSG-M) is poised to acquire control of the Bakoudou project in southeastern Gabon. The property is currently held by Golden Gram Resources (RAMG-C).The two companies have explore…
Noranda (NOR-T) has subscribed for another $400,000 worth of Southern Africa Minerals (SAF-T).The private placement, involving 290,900 shares priced at $1.38 each, is part of an option agreement in wh…
Whenever logic falls short of explaining actions or facts in the popular mind, conspiracy theories tend to surface. We saw this in the aftermath of president Kennedy’s assassination, and we’re seeing …
Paul Conibear appointed COO and director.
Jerome Watts appointed director.
Norman Hardie appointed director.
Gerard Wood appointed president, CEO and director.
Ross Drysdale appointed director.
Luard Manning appointed director.
Stanislaw Lis, Iwona Kozak and Krysztof Pawinski appointed directors.
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