News


PEOPLE — JORDEX RESOURCES (May 23, 1994)

Paul Kavanagh appointed director; Paul Kostuik appointed chairman and chief executive officer; Mauro Coppela appointed president, chief operating officer and director.




PEOPLE — ARIMETCO

Harold Davis appointed vice-president, finance and chief financial officer; Dennis Mortensen appointed general manager of the Johnson Camp mine.


Canarc, Rembrandt settle differences

A legal dispute involving Rembrandt Gold Mines (ASE) and Canarc Resources (VSE) has been settled. The original lawsuit was brought against Canarc, its directors and certain investors by International …


Spot prices at a glance (May 23, 1994)

Price (US) Week’s Change Gold* $379.69 + $1.19 Silver* $ 5.44 + $0.17 Platinum* $397.25 + $5.50 Nickel** $ 2.81 + $0.21 Lead** $ 0.22 + $0.01 Copper $ 0.99 + $0.04 Zinc $ 0.44 + $0.01 Courtesy of Scot…


Partners still exploring Salvadoran gold play

Exploration of El Dorado, a gold project in El Salvador, is continuing with a team of four geologists and three drill rigs. Mirage Resources (VSE), Bethlehem Resources (TSE) and Dejour Mines (TSE) are…


Rich to joint-venture Kentucky coal mine

Alberta-listed Rich Minerals has entered a 50-50 joint venture with NFS Inc. of California to acquire a coal mine in Kentucky. The project includes three coal properties with proven reserves of 43 mil…


TSE, Chinese officials meet

Officials of The Toronto Stock Exchange met recently with two high-ranking representatives of the China Securities Regulatory Commission (CSRC) — Tong Zeng Yin, vice-chairman, and Wang Jian Xi, direc…


KWG options Brazilian properties

Montreal-listed KWG Resources intends to acquire two gold properties, Catalago and Limao, in the Tapajos goldfield of Brazil. As well, the company has applied for an additional 500,000 acres in the re…


EDITORIAL PAGE — And now . . . Bolivia

When the international tin market collapsed in 1985, the Bolivian economy, heavily reliant on tin production, collapsed along with it. More than half the country’s tin mines closed in the following ye…


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