LAST BUT NOT LEAST — OMA elects chairman
For the first time, the Ontario Mining Association (OMA) has elected a chairman from a mining company in southern Ontario. W.R.C. (Bill) Macdonald is president and chief executive officer of CGC Inc.,…
For the first time, the Ontario Mining Association (OMA) has elected a chairman from a mining company in southern Ontario. W.R.C. (Bill) Macdonald is president and chief executive officer of CGC Inc.,…
Red Fox Minerals Ltd. — 1,000,000 shs @ 50 cents. Dorset Exploration Ltd. — 1,700,000 shs @ $18.25. CS Resources Ltd. — 3,000,000 shs issuable upon the exercise of 3,000,000 special wts @ $7.30 per…
The Canadian Geological Foundation, a non-profit organization noted for its support of education in the earth sciences, is seeking donations to help it restore documents of historical significance. It…
Well-known mining engineer Gordon Richard (Dick) Cunningham-Dunlop died recently in Oakville, Ont. He had just turned 61. Mr. Cunningham-Dunlop was born in Haileybury, Ont., a son of the late John (Ja…
Drilling on the Wellmet Lake property, near Lynn Lake, Man., has intersected encouraging base metal values, Registry Resources (ME) reports. A deep hole on the main copper-zinc deposit contained sever…
Falconbridge will lay off 250 workers at its Kidd Creek complex in Timmins, Ont. A downturn in base metal prices has caused the layoffs, according to the company, a unit of Noranda (TSE) and Trellebor…
A long-range plan to ensure the financial viability of its smelter complex at Trail, B.C., has been unveiled by Cominco (TSE). Last year’s plan, laid out by the province’s job protection commissioner,…
Some of the proceeds from a recent $42-million private placement has been used by Venezuelan Goldfields (VSE) to complete acquisition of the Oro Uno property in Venezuela. The company has $20 million …
Operating losses have prompted Gibraltar Mines (TSE) temporarily to shut down the McLeese Lake open-pit copper mine and mill. The recent drop in the price of copper made it necessary to conserve cash,…
Drilling will soon begin on Stroud Resources’ (TSE) Hislop Twp. gold property near Timmins, Ont. The program will be carried out at the Creek zone where preliminary reserves total one million tons gra…
A private placement of three million units at 75 cents each has been completed by Platinova A/S (TSE). Each unit consists of one common share of Platinova plus one warrant to buy one additional share …
An agreement between Stratmin (ME) and St. Genevieve Resources (TSE) gives the former the right to develop and operate two new technologies for graphite purification and laminated graphite. The purifi…
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