PEOPLE — BLUE RIBBON RESOURCES
William Burton appointed director.
News
PEOPLE — MSV RESOURCES (May 23, 1994)
Daniel Goffaux appointed vice-president, operations.
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…
Nickel, copper exhibit strength
Since mid-April, investment funds, followed by a host of other speculators, have been buying London Metal Exchange (LME) nickel and copper contracts. As a result, prices are being steadily driven to l…
Strong first quarter for Echo Bay
Improvements at two Nevada gold mines have helped Echo Bay (TSE) post exceptionally strong first-quarter results. The company produced a total of 253,218 oz. gold — a new record, up 31% from the prev…