News

NEWS ROUNDUP — Chesbar, Spirit option third play

Two Montreal-listed companies, Chesbar Resources and Spirit Lake, have clinched a deal on a third Venezuelan gold property. Known as the July Concession, this prospect covers 2,000 hectares in the act…


Emtech and Ukrainians to market scandium

A Canadian group has teamed up with a major research and development institute in Ukraine to market technology and advanced materials, including an aluminum-scandium alloy designed for the aerospace i…


Correction (August 02, 1993)

The share consolidation when Zahavy Mines (ZVY:ASE) recently changed its name to Xavier Mines (XXX:ASE) was one new share for five old shares. It was incorrectly stated as a one-for-one swap.


COMMENTARY — Copper, zebra mussels don’t mix

A university of Toronto study has found that copper surfaces are effective in preventing zebra mussel attachment. Working at a Lake Erie test site, Professor Jan Spelt of the U of T’s mechanical engin…





PEOPLE — SILVER BUTTE RESOURCES

Louis Stark appointed chairman, chief executive officer and director; Michael Altman appointed president and chief operating officer and director; Jack Austin, Bernard Brynelson, Donald Hales, Steven …




NEWS ROUNDUP — Freewest raises $7 million

To help finance its share of the Holloway gold project in northeastern Ontario, Freewest Resources (TSE) has negotiated a $7-million private placement of 2.5 million special warrants with Pollitt, Ber…



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