NEWS IN BRIEF Liberian Iron Ore
Shareholders of Liberian Iron Ore (TSE) approved the reduction of the company’s stated capital by almost US$21.5 million and directed the distribution of US$5.43 per share to shareholders of record Ma…
Articles by Northern Miner Staff
PEOPLE PROFCO RESOURCES — Anna Nyarady appointed president
American Barrick Resources President Robert Smith was named chairman of the Gold Institute for 1991 at the association’s recent annual meeting in Amelia Island Plantation in Florida. Smith succeeds Fr…
PEOPLE REDWING RESOURCES
Jefferey Johnson elected president replacing Neil Anderson; Kevin Johnson appointed a director and secretary; Dennis Fitzmaurice appointed a director.
Tandem purchase
Tandem Resources (ME) recently purchased an additional 250,000 shares of North American Rare Metals (ME) on the open market for, Tandem said, investment purposes. Tandem now owns about 4.3 million sha…
NEWS IN BRIEF EL-Equip Inc.
El-Equip Inc. of Elliot Lake, Ont., recently obtained a technology supply contract with Codelco, Chile’s state-owned mining conglomerate. The contract, worth $400,000, is for the supply and installati…
Seabright merges with Corner Bay, will change name
A wholly owned subsidiary of Seabright Explorations (TSE) has merged with Corner Bay Resources, a private Toronto-based company with properties in the Chibougamau area of northern Quebec. At the end o…
Shareholders propose merger for Dickenson
A private company that claims to represent institutional shareholders of Toronto-based Goldcorp Investments (TSE) and subsidiaries Dickenson Mines (TSE) and Wharf Resource (TSE) says it wants to find …
AMMO history
The Association of Mining Municipalities of Ontario is planning to publish a commemorative history in celebration of its 50th anniversary. Using a government grant of $5,835, the association hopes to …
EDITORIAL Interprovincial trade barriers must go
Nations of the world are rapidly forming trade alliances to create larger trading blocks — except Canada where interprovincial trade barriers are still considered an effective means to protect region…
OBM celebrates 100 years in operation
The Ministry of Northern Development and Mines (MNDM) will celebrate its 100th anniversary on May 4. Established in response to significant copper-nickel discoveries in the Copper Cliff area during th…
Welcome North, Placer deal extends Kona exploration
A formal agreement between Welcome North Resources (VSE) and Placer Dome (TSE) provides for further exploration of the Kona massive sulphide property north of Watson Lake, Y.T. Welcome North farmed ou…
NEWS IN BRIEF Cutty Resources Inc.
Cutty Resources Inc. (CUY:VSE) has changed its name to Hatco Capital Inc. with no consolidation of capital. The transfer agent is Central Guaranty Trust.