Gold and the International Monetary Fund
The International Monetary Fund (IMF) is the second-largest holder of gold in the world. From 1944 to 1978, gold was the unit of account and the central reserve asset of the international financial sy…
News
PEOPLE — BRE-X MINERALS
Paul Kavanagh appointed director.
PEOPLE — NOBLE PEAK (May 02, 1994)
Peter Bojtos appointed director.
PEOPLE — YORBEAU RESOURCES
Andres Tardif appointed president, chief executive officer and director.
PEOPLE — QUEENSTAKE RESOURCES
Christopher Serin appointed director.
Golden Star acquires Venezuelan gold plays
Denver-based Golden Star Resources (TSE) and its Venezuelan partner, BPC, have entered an agreement to earn a 60% interest in the Increible 6 and Valle Hondo group of properties. The vendor is the Inv…
PEOPLE — NEWMONT MINING, NEWMONT GOLD
Lawrence Kurlander elected senior vice-president, administration; Jack Morris elected vice-president, corporate relations; and J. Bolduc elected director.
World demand for gold expands
Interest in gold, among central banks, has rarely been so high. This is because the price of gold is approaching US$400 per oz. and because of the mobilization of gold (gold loans, options, etc.) by s…
PEOPLE — CORRIENTE RESOURCES (May 02, 1994)
Charles Melbye appointed director.
PEOPLE — AZCO MINING (May 02, 1994)
Alan Lindsay appointed chairman; Anthony Harvey appointed vice-chairman; David Beling appointed president and chief operating officer; and Edward Rose appointed chief financial officer.
PEOPLE — RANDSBURG GOLD (May 02, 1994)
Richard Hunter appointed president.
PEOPLE — WEDGEWOOD RESOURCES (May 02, 1994)
Andre Morris appointed president; James Watt, Barrett Sleeman and Rob Moriarty appointed directors.