News

By putting its oil and gas assets on the selling block at the beginning of the year, Placer Dome (TSE) signalled that it intended to stick to its core business of mining. New acquisitions, such as the…

Toronto-based McFinley Red Lake Mines (TSE) has removed a major legal impediment to any future development of the company’s Bateman Twp. gold project near Red Lake, Ont. McFinley President William Cum…

Some of the key players of previous years returned to centrestage in 1990, each with a new role. Under the spotlight was Vancouver promoter Murray Pezim — this time the target of a British Columbia S…

Michael Callahan, Angus Stewart and Stanley Ford appointed directors succeeding James Brown, Clive Brown and Ivan Christopher; Michael Callahan appointed president and Angus Stewart appointed secretar…

Losses for Alta Gold (NASDAQ) continued for the third quarter ended Sept. 30. The company lost US$369,000 in the quarter, down from the US$1.3 million reported in the third quarter of 1989. The loss f…

The Republic district in northeastern Washington State is being given a close look by a growing number of mining companies hoping to duplicate the success encountered by Crown Resources (VSE) on sever…

Comp-U-Software Ltd. has changed its name to Nucore Resources Ltd. (NCR:VSE) with no consolidation of capital. The transfer agent is Montreal Trust.

High Level Resources Ltd.(HLR:VSE) has changed its name to Colorfax International Inc. with a consolidation of capital on a -new -for-4-old-share basis. The new company has no interest in mining. 0303…

Paul Sorbera appointed vice-president and Albert Raponi appointed secretary.

Jack Kendrick appointed chairman of the board; Alan Richardson appointed president and director; Robert Magnuson resigned as a director.

Lukas Lundin appointed president and director succeeding Lutz Klingmann who resigned.

Robert McEwen appointed president of these companies succeeding David Libby who resigned; John Cook appointed both companies’ vice- president of operations.