PEOPLE — GOLDEN GLACIER
Paul Ray and Douglas Scheving appointed directors.
News
LETTERS TO THE EDITOR — Golden Bear gold mine continues in
The article “Troubled past is no longer an albatross around Golden Bear’s neck” (T.N.M., Sept. 20/93) did not mention Wheaton River Minerals, which owns 85% of North American Metals, owner of the Gold…
Reforms in store for B.C. securities markets
Major structural changes to the British Columbia securities market are expected to be recommended by a commission appointed by the province to review the operations and regulation of both the Vancouve…
Spot prices at a glance (October 25, 1993)
Week’s Price (US) Change Gold* $371.60 + $5.00 Silver* $ 4.49 + $0.04 Platinum* $375.25 + $5.15 Nickel** $ 2.12 + $0.08 Lead** $ 0.18 $0.00 Copper $ 0.73 – $0.03 Zinc $ 0.42 $0.00 Courtesy of Scotiaba…
NEWS ROUNDUP — More drilling for Rush and Run
Drilling is planned by Continental Pacific Resources (VSE) for two copper-zinc discoveries at its properties south of Coronation Gulf, N.W.T. The junior has completed geological mapping and geophysica…
OBITUARIES — James Gaunt
A practicing geologist for more than 30 years, James Gaunt died recently after suffering a heart attack while on a moose hunting trip in the Gowganda area of northern Ontario. He was 58. He participat…
Salaries of top executives to become public knowledge
Major changes in Ontario securities regulations will require companies to disclose, individually and by name, the compensation paid to each of their top executives. “These changes put Ontario in the f…
NEWS IN BRIEF (October 25, 1993)
Can Pro Developments (CPO:VSE) has changed its name to Cadre Resources (CSL:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Montreal Trust.
Tri Origin completes drilling on Sault area gold project
A 12-hole program of 2,408 metres has been completed at Tri Origin Exploration’s (TSE) Sault gold project. Drilling on the property, 90 km north of Sault Ste. Marie, Ont., was followed by down-hole el…
Court approves Claude settlement
A settlement proposal to unsecured creditors of Claude Resources (TSE) has received court approval. Having paid the bankruptcy monitoring trustee $390,000, which is being allocated to unsecured credit…
Barrick to broaden horizons
Large North American gold producer American Barrick Resources (TSE) is looking for new opportunities overseas. The Toronto-based company announced the creation of its Corporate Development Group which…
Union member charged at Giant
The Royal Canadian Mounted Police have charged Roger Wallace Warren with nine counts of first-degree murder in connection with an explosion in the Giant gold mine that killed nine miners more than a y…