Gold Funds (December 28, 1992)
Gold Funds as of Dec. 22 BGR Central Net Value $8.12 $5.18 Price $6.25 $4.60 Discount 23.01% 11.2% Value $46,266,000 $77,391,780…
News
Formosa ships copper concentrate
In late November, Formosa Resources (VSE) shipped its second smelter shipment to Aomori, Japan, from the port of Vancouver, Wash. The shipment comprised 4,245 tons of concentrate grading 17.5% copper …
PGE sampling
Some high-grade gold assays from grab samples from a property in New Brunswick were reported recently by PGE Resource (ASE). A fire assay technique was used on the samples, which the company says cons…
NEWS IN BRIEF (December 28, 1992)
Slocan Development Corp. Ltd. (SLO:VSE) has changed its name to International Slocan Developments Ltd. (ITD:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is…
Toronto to host biggest mining show
Plans for Toronto ’94, billed as the nation’s largest mining show ever, are under way. Convention organizers intend to attract 4,000 participants and 300 exhibitors from all over the world. Sponsored …
Centennial medallion
To commemorate its upcoming centennial in December, the Northwest Mining Association will mint a 1-oz. silver medallion. The Spokane-Wash.-based association, founded in 1895, now has more than 3,000 m…
PEOPLE — WINTERS GOLD HEDLEY
Praveen Varshney appointed president and director; Hari Varshney and Raj Chowdhry appointed directors.
PEOPLE — SIERRA MADRE RESOURCES
Praveen Varshney appointed president.
PEOPLE — NERCO (December 28, 1992)
Gerard Drummond elected chief executive officer; William Glasgow elected senior vice-president; Lawrence Heiner elected president and chief executive officer.
PEOPLE — SARABAT GOLD (December 28, 1992)
Randy Turner appointed director.
PEOPLE — SIERRA MADRE
Hari Varshney, Praveen Varshney and Raj Chowdhry appointed directors.
PEOPLE — ANNEX EXPLORATION
Lawrence Barr appointed director.