News

W. Hayes appointed president and chief executive officer.

Lynn Pirozzoli appointed vice-president of environmental services and regulatory affairs.

Australian-based resource giant Broken Hill Proprietary (BHP) experienced a jump in sales and other revenues for the 6-month period ended Nov. 1, 1994. The 10% rise was in part due to the improved per…

Additions to management and a planned change of focus will take Pallaum Minerals (ASE) to Papua New Guinea in quest of gold. Trading in the issue is currently halted at the company’s request while a r…

Development drilling on the Mexican operation known as La Colorada is continuing to intercept thick zones of oxide gold mineralization. Eldorado (TSE) is carrying out 100,000 ft. of reverse-circulatio…

Shareholder dissent appears to be stalling a deal which was to result in Crystallex International (VSE) becoming the sole owner of the Albino gold concession in Venezuela. Certain minority shareholder…

If applications for an additional 21 mining claims in Peru are accepted, Peruvian Gold (VSE) will increase its land holdings in the country substantially. The junior would see its holdings expanded by…

Several years ago, my wife and I had the unusual pleasure of visiting the Atlin district in the northwestern corner of British Columbia. We travelled by vehicle down a dusty country road along the sho…

Beginning in June, financial markets in Canada will adopt a faster system for settling securities trades. The change, which will see most equity and bond trades settled in three days instead of five, …

Garold Sprindler appointed vice-president and officer.

Markets opened the year in good shape, with base metal prices, in particular, continuing to inch upwards. The metal price upsurge reflects burgeoning demand by consumers in most markets. Europe and Ja…

A stagnant gold price, coupled with continuing weakness in the price of the Canadian dollar, limited the Toronto Stock Exchange to a small gain over the 5-day report period ended Jan. 10. The composit…