METAL PRICES (January 19, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJan. 13Jan. 12Jan. 9Jan. 8Jan.
News
Mazarin shifts focus back to industrial minerals
The weak Asian economy and low gold prices have led management of Mazarin (MAZ-T) to withdraw from gold exploration in order to refocus on the company’s industrial mineral operations in Quebec.Two yea…
Cayman court freezes Felderhof assets — Bre-X bankruptcy trustee will also seek release of FIA report
The assets of John Felderhof, Bre-X Minerals’ former vice-chairman, may not be as secure as some had thought.The Grand Court of the Cayman Islands has granted an injunction preventing Felderhof, his w…
St Andrew raises funds
St Andrew Goldfields (SAS-T) has completed a private share offering to raise gross proceeds of $5 million.The deal, which was arranged by St. James Securities, comprised 500,000 flow-through shares an…
Boliden extends Westmin takeover deadline
Base metals major Boliden (BOL-IR-T) has moved back the expiration date of its takeover bid of Westmin Resources (WMI-T) to January 21 from January 9.In exchange for the bid extension, Westmin agreed …
PEOPLE — PEGASUS GOLD (January 12, 1998)
John W. Pearson appointed vp investor relations.
PEOPLE – PATRICIA
Barney Magnusson appinted secretary and CFO.
PEOPLE – PANDORA
Tom S.T. Heah appointed vp.
PEOPLE — OLIVER GOLD (January 12, 1998)
Patrick Downey appointed director.
PEOPLE — NORTHRICH PACIFIC
William Gilmour and Laurence Sookochoff appointed directors.
PEOPLE — INT’L TIME
Gilbert Windheim appointed director.
PEOPLE – INSPIRATION (January 12, 1998)
Katherine M. Bulow appointed director.