The board of Placer Dome (TSE) is seeking a new president and chief executive officer to replace Tony Petrina who recently announced he will resign in mid-September. A mining engineer, Petrina rose th…
Norm Bonin appointed director and president.
Markets were mixed during the period ended June 16, but a bright spot was gold managing to edge above US$340 per oz. to finish at the US$342 level. The Vancouver Stock Exchange resource index closed u…
Shareholders, who were scheduled to vote on a proposed reorganization of Madeleine Mines (TSE) at the company’s annual meeting June 25, will have to wait until management has complied with U.S. securi…
Market developments involving nickel are causing mixed reactions. Cominco is preparing new facilities at its Glenbrook ferronickel plant in Oregon to receive nickel ore from New Caledonia and increase…
The Goldstream underground copper mine near Revelstoke, B.C., is expected to show improved results over the coming year. In operation since its reactivation in May, 1991, the mine produced 21.6 millio…
Unable to afford a lawyer to defend himself or his company against charges related to an October, 1990, tailings spill in northeastern Ontario, Matachewan Consolidated Mines (TSE) President Richard Mc…
Richard Schwindt will have until Aug. 21 to finalize a report on resource compensation commissioned earlier this year by British Columbia Attorney General Colin Gabelmann. “Schwindt’s commission has g…
A 24-hole, second-phase program completed on Freewest Resources’ (TSE) Benoit gold property northeast of Rouyn, Que., has yielded a preliminary reserve estimate of 3.3 million tons grading 0.076 oz. g…
Bruce McDonald has kept a low profile since selling Noramco Mining (TSE) and its portfolio of junior companies to Breakwater Resources (TSE) several years ago. As it turned out, Breakwater had to writ…
Prospective joint venture partners are being welcomed by Columbia Gold Mines (VSE) to tour the company’s Spectrum gold project in northwestern British Columbia, and the Tillicum Mountain gold project …
When Wood Gundy decided it was going to open its doors to the media more than it had in the past, it picked a tough issue to start off with. Analysts at the usually secretive brokerage firm invited fu…
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