NEWS ROUNDUP — Canarc alters merger plans
Following their failure to receive court approval for a 3-way merger with Rembrandt Gold Mines (ASE), Canarc Resource (VSE) and Suntac Minerals (VSE) plan to proceed with a 2-way merger. As in the pre…
Following their failure to receive court approval for a 3-way merger with Rembrandt Gold Mines (ASE), Canarc Resource (VSE) and Suntac Minerals (VSE) plan to proceed with a 2-way merger. As in the pre…
As a promoter of several junior mining companies in Ontario, I have invested my capital and have succeeded in financing exploration programs through Ontario prospectus offerings. The Ontario Securitie…
— Guyana, situated on the northeastern shoulder of South America and that continent’s only English-speaking country, is in the throes of a general election. Voting day is Oct. 5. Elections in Guyana,…
Goldbrook Explorations (TSE) and joint venture partner Castlewood Metals and Explorations (CDN) have optioned an additional 19 claims in the Onaman River area, 50 miles north of Beardmore, Ont. The ne…
This, our political leaders would have us believe, is the best they can do. The Charlottetown Accord — successor to the failed Meech Lake Accord — is the latest attempt to “renew” the Canadian Const…
The metals and minerals sub-index increased but the all-items commodity price index of Scotiabank dropped in July by 1.4%, the index’s second consecutive monthly decline. Higher base metal and gold pr…
A 6-year, $26-million transportation agreement has been signed with Glenbrook Nickel Co. for the annual movement of about 700,000 tons nickel ore, Trimac Transportation reports. The ore will be shippe…
The Nova Scotia government has postponed development of a strip coal mine near the Westray coal mine site that claimed the lives of 26 miners in May. Provincial Environment Minister Terry Donahoe has …
Seldom do I feel any urge to applaud those ever broadening regulations imposed by burgeoning provincial bureaucracies that frequently seem hell-bent on strangling our mining industry. But surely few t…
The Nova Scotia and federal governments recently signed a $10-million co-operation agreement on mineral development. The province will contribute $3 million and the federal government, $7 million. The…
Donald Cameron appointed director.
Since Sudbury Contact Mines (TSE) reported its discovery of eight microdiamonds on its Diamond Lake project a handful of companies have moved into the Kirkland Lake, Ont., region to stake more ground …
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