Monk completes private placement
In a private placement, Monk Gold & Resources (ASE) has raised $402,000 to cover capital expenses at the Cerro Mayal placer gold operation in western Argentina. The placement consists of 1.7 million t…
News
NEWS ROUNDUP — Vior, Soquem in option deal
Junior Societe d’exploration miniere Vior (ME) can earn a half interest in the Clairy Twp., Que., property of Soquem. Soquem, the Quebec Crown exploration company, cut a 0.3-metre intersection in 1988…
PEOPLE — CACTUS WEST EXPLORATIONS (January 31, 1994)
James McDonald appointed director.
PEOPLE — CANASIL RESOURCES
Bahmanyar Yamini appointed director.
PEOPLE — DANKOE MINES (January 31, 1994)
Farnoosh Rahmatian appointed director.
PEOPLE — HIGHGRADE VENTURES (January 31, 1994)
Gaetano Morello appointed director.
PEOPLE — LANSDOWNE MINERALS (January 31, 1994)
Robert Quartermaine appointed director.
PEOPLE — LOUMIC RESOURCES
Benjamin Ainsworth appointed director.
PEOPLE — NORTHWIND VENTURES (January 31, 1994)
Peter Delancy and Hughes Salat appointed directors.
China to transform coal industry
China has unveiled an ambitious 7-year plan to transform its coal industry, with foreign assistance, into an efficient source of low-pollution fuel. The plan, outlined in Beijing by Coal Industry Mini…
Western Quebec sees Eagle Lake potential
The Eagle River gold deposit near Wawa, Ont., has a new investor who is keen on bringing it into production. Western Quebec Mines (TSE) has agreed to pay $9 million to acquire control of the project f…
Matkin calls for overhaul of B.C. securities system
A report has called for a major restructuring of the system whereby securities are regulated in British Columbia. The final report of the Vancouver Stock Exchange and Securities Regulation Commission …