PEOPLE — AKIKO-LORI GOLD
Alfred Kaltenbach and Konrad Meyer appointed directors. N5…
1992
PEOPLE — AMERICAN BULLION
James Yates appointed director. N5…
PEOPLE — HOMESTAKE MINING (October 12, 1992)
Jack Thompson appointed executive vice-president, Canada. N5…
PEOPLE — CYPRUS COPPER (October 12, 1992)
Jeffrey Clavenger named senior vice-president; Jacob Timmers appointed senior vice-president, technical resources and development. N5…
PEOPLE — OROPEX MINERALS
Robert Trast appointed president. N5…
PEOPLE — INTERTECH MINERALS (October 12, 1992)
Keith Mattson appointed director.
Faraday seeks share extension
A special meeting of common and preferred shareholders of Faraday Resources (TSE) is to be held on Oct. 30 to consider extending the conversion privilege attached to Faraday’s series A first preferenc…
Midas acquiring all of McKendry
Agreements with a private company and the venture capital arm of a chartered bank to acquire the 50% interest in Mc-Kendry Quarries Ltd. it does not already own have been reached, Midas Minerals (TSE)…
STOCK MARKETS — Kookaburra copper holdings attract investor
Apparently little affected by constitutional matters, the dollar or interest rates, the Vancouver Stock Exchange drifted lower during the week ended Oct. 6, with the composite index losing 6.99 points…
GOLD FUNDS (October 12, 1992)
BGR Central Net Value $8.45 $5.18 Price $7.00 $5.00 Discount 17.17% 3.5% Value $49,547,000 $84,121,500…
Spot prices at a glance (October 12, 1992)
Week’s Price (US) Change Gold* $349.50 + $0.50 Silver* $ 3.75 – $0.02 Platinum* $359.00 – $8.50 Nickel** $ 3.01 – $0.02 Lead** $ 0.25 – $0.02 Copper $ 1.03 – $0.03 Zinc $ 0.54 – $0.04 Courtesy of Scot…
STOCK MARKETS — Gold, diamond issues hold up under market
Gold and diamond stocks managed to hold their own amid the volatility that gripped North American financial markets during the week ended Oct. 6. Spurred on by major buyers looking for a safe investme…