TSE, Chinese officials meet
Officials of The Toronto Stock Exchange met recently with two high-ranking representatives of the China Securities Regulatory Commission (CSRC) — Tong Zeng Yin, vice-chairman, and Wang Jian Xi, direc…
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KWG options Brazilian properties
Montreal-listed KWG Resources intends to acquire two gold properties, Catalago and Limao, in the Tapajos goldfield of Brazil. As well, the company has applied for an additional 500,000 acres in the re…
EDITORIAL PAGE — And now . . . Bolivia
When the international tin market collapsed in 1985, the Bolivian economy, heavily reliant on tin production, collapsed along with it. More than half the country’s tin mines closed in the following ye…
Nickel, copper exhibit strength
Since mid-April, investment funds, followed by a host of other speculators, have been buying London Metal Exchange (LME) nickel and copper contracts. As a result, prices are being steadily driven to l…
Strong first quarter for Echo Bay
Improvements at two Nevada gold mines have helped Echo Bay (TSE) post exceptionally strong first-quarter results. The company produced a total of 253,218 oz. gold — a new record, up 31% from the prev…
MSV posts financial and drilling results
First-quarter results are encouraging for MSV Resources. The Montreal-listed company managed to crank out 12,970 oz. gold, almost 3 million lb. copper and almost 15,000 oz. silver. This led to earning…
LAST BUT NOT LEAST — Juniors cancel amalgamation plans
A proposed amalgamation of Gitennes Explorations (TSE) with two Vancouver-listed juniors, Kenrich Mining and Ambergate Explorations, will not proceed. Kenneth Trociuk, president of both Kenrich and Am…
Directors’ performance subject of TSE study
A draft report of The Toronto Stock Exchange’s Committee on Corporate Governance in Canada is aimed at improving the manner in which corporations are governed. Where Were the Directors?, as the report…
Bre-X gets more encouragement from pair of Indonesian
Exploration of the Taware Valley and Kupa prospects in Indonesia has returned encouraging results for Bre-X Minerals (TSE). The prospects are situated on Sangihe Island in the area known as North Sula…
NEWS ROUNDUP — Orvana begins survey at Butte Highland
An airborne survey is being flown over the Butte Highlands property in Montana in an effort to delineate magnetic and very-low-frequency features characteristic of gold skarn mineralization tested the…
Drilling enhances La Trinidad
Toronto-listed Eldorado continues to enhance the overall potential of La Trinidad, a joint venture in Mexico’s Sinaloa state. The junior is earning a 51% interest in the gold property from Almaden Res…
EDITORIAL PAGE — Investor interest in gold
During the past year, gold prices have been on the rise. After falling to US$326 per oz. in March, 1993, they have risen in what may prove to be the beginning of a major cyclical upward move, accordin…