Espalau to acquire Bachelor Lake shares
Debt-heavy Bachelor Lake Gold Mines (ME) will be taken over by Espalau (ME). Under an agreement, Espalau will acquire all of the issued and outstanding shares of Bachelor Lake, as well as Bachelor’s o…
News
PEOPLE — SARABAT GOLD (March 07, 1994)
Peter Richards appointed director.
PEOPLE — OPACT RESOURCES (March 07, 1994)
Richard Coleman appointed director.
PEOPLE — IGF METALS (March 07, 1994)
Patrick Cheung appointed president and director; Robert Ching, Arnold de Silva and Wiong Shun Leung appointed directors.
EXPLORATION ’94 — Timely proposal: a new gold standard
In 1934, when the U.S. raised the price it would pay for gold from US$20.67 to US$35 per oz., it was deluged by sellers. By 1949, reserves reached 700 million oz. This huge increase put the U.S. in th…
EXPLORATION ’94 — Cutbacks leave ferrochrome in supply
Stringent cutbacks in production at a time of high demand from the stainless steel sector mean that demand for ferrochrome exceeded market economy supply in 1993, according to market analyst Roskill o…
NEWS IN BRIEF (March 07, 1994)
Mt. Kearsarge Minerals (MKMN:CDN), under new control, will abandon the resource sector for opportunities in other industries.
PEOPLE — BEAU PRE EXPLORATIONS
John Grotski appointed director.
PEOPLE — RODRIGUEZ CALDERA MOORE SYDOR & ASSOCIATES
Henry Sydor has joined as a drilling and business consultant, based in Denver, Colo.
PEOPLE — NDU RESOURCES
Alan Archer appointed director.
PEOPLE — CLIFF RESOURCES
Brian Ferguson and Sylvain Hollander appointed directors.
PEOPLE — WATER MANAGEMENT CONSULTANTS
An office has been opened in Santiago, Chile, and the following four appointments have been made: Renato Fernandez, senior geologist; George Ring, senior hydrogeologist; Carlos Saez, senior engineer; …