PEOPLE — PMA RESOURCES (April 19, 1993)
Michael Cassidy appointed president; Arthur Wigmore appointed director.
News
PEOPLE — AGATE BAY RESOURCES
Jack Marr and Randy Turner appointed directors.
PEOPLE — WEST PRIDE INDUSTRIES
Donald Archibald appointed president and director; Dalton Dupasquier and Wayne Morgan appointed directors.
More about diamonds (April 19, 1993)
Canadian companies are busy exploring for diamonds across the country: Northwest Territories A 950-line-kilometre survey will get under way in mid-April on the Hackett River property owned 54% by Comi…
Adex placement
Adex Mining (TSE) says it will sell two million units at 49 cents per unit to Cabot Resources (VSE). Each unit consists of one common share and one non-transferable share purchase warrant exercisable …
Spot prices at a glance (April 19, 1993)
Price (US) Week’s Change Gold* $337.55 + $0.40 Silver* $ 3.90 + $0.11 Platinum* $362.00 + $1.40 Nickel** $ 2.70 – $0.03 Lead** $ 0.19 $0.00 Copper $ 0.90 – $0.02 Zinc $ 0.47 + $0.02 Courtesy of Scotia…
Dundee offer (April 19, 1993)
More than 98% of the outstanding common shares of Dundee Capital were tendered under an issuer bid, Dundee Bancorp (TSE) reports. Once the shares tendered are canceled, Dundee Bancorp will own 99.8% o…
Athlone acquires Venezuelan ground
A 100% interest in a gold and diamond concession application in the Anacoco area of the Venezuelan state of Bolivar has been acquired by Athlone Resources (VSE). The rights for the 800-hectare propert…
Nominations are sought for Mining Hall of Fame
The board of directors of the Canadian Mining Hall of Fame has issued its yearly call for nominations that will lead to the induction of a new group of individuals early in 1994. Since its inception i…
Kennecott getting new president
The president and chief executive officer of Kennecott is retiring in June. Frank Joklik will be succeeded by Robert Cooper, the current chief operating officer. Joklik has headed Kennecott, a wholly-…
Improved recovery lifts Red Dog’s spirits
The Red Dog zinc-lead mine in northwest Alaska has proved challenging for Cominco (TSE), which owns and operates the facilities under a lease agreement with NANA Regional Corp. Between startup in late…
NEWS ROUNDUP — Dickenson gets shares for Goldquest debt
Dickenson Mines (TSE) has converted the $95,000 owed to it by Goldquest Exploration (TSE) into 527,777 common shares of Goldquest. The debt was converted on the basis of one common share of Goldquest …