Viceroy completes share issue
An issue of 700,000 common shares was recently completed by Viceroy Resources (TSE) at $4.75 per share. Net proceeds from the issue were $3.025 million. Viceroy has received no appeals against the rec…
An issue of 700,000 common shares was recently completed by Viceroy Resources (TSE) at $4.75 per share. Net proceeds from the issue were $3.025 million. Viceroy has received no appeals against the rec…
The Ontario Securities Commission has issued a cease-trading order to ERG Resources (TSE) for failure to make statutory filings. A hearing will take place on Dec. 14. ERG, which owns a gold tailings r…
Junior mining company Platinova Resources (TSE) of Toronto will take on a new shareholder in the form of the government of Greenland, which says it intends to purchase about $2 million worth of Platin…
“Big is better” is becoming the new name in this ever-changing mining game. Miners everywhere favor and seek out big, low-cost and safer open pit deposits rather than much more costly underground mine…
A general downturn in the mining industry which is affecting producers and junior companies alike is being felt on the consulting side. The well known firm of Derry, Michener, Booth & Wahl, a partners…
Ontario Premier Bob Rae recently opened the new building in Sudbury that houses the head office of the Ministry of Northern Development and Mines and the Mining Health and Safety Branch of the Ministr…
A national mining industry communications workshop will be held at the Westin-Tabor Center in Denver, Colo., March 5-7. The workshop is sponsored by The American Mining Congress and the National Coal …
A series of short courses on mining will be given at the University of Nevada, Reno, during the Spring of 1991. It is designed to provide information on some of the industry’s latest technological dev…
The 10th underground operation conference will be held in Val d’Or, Que., Feb. 24-27. The theme is “safety, productivity and costs . . . sharing tricks of the trade.” Field trips will be included. Par…
When an orebody is depleted, mining companies have to ensure safe and complete mine closure, but that responsibility cannot be at such a cost that the mining operation itself becomes uneconomic. Miner…
Newfoundland will introduce a program next spring designed to encourage people to prospect for gold. A 2-week prospecting course will be offered in May at a community college in Stephenville on the pr…
The shareholders of Parlake Resources (TSE) have approved a proposal to grant options to the president and one director of Parlake. Under the incentive program, the Parlake officers will hold options …
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