Noramco juniors plan amalgamation
Three Vancouver-based juniors, Durham Resources (VSE), Edge Resources (VSE) and Golden Day Mining Exploration plan to amalgamate, subject to shareholder and regulatory approval. If acceptable to regul…
News
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…
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…
Companies boost Cominco ownership (April 29, 1991)
The three major shareholders of Cominco (TSE) recently increased their ownership of the major base metal producer. MIM (Canada) Inc., a subsidiary of MIM Holdings, reported buying, for itself and the …
Regulatory overlap delays plans for Falconbridge Gold
In order to meet regulatory requirements in two separate jurisdictions, Falconbridge Gold (TSE) has been forced to postpone exploration spending in Val d’Or, Que., delay a special shareholders’ meetin…
NEWS IN BRIEF Gateford Resources
Gateford Resources (ASE) has made a takeover bid for all the outstanding shares of Landmark Corp. Under terms of its offer, Gateford will issue 11 treasury shares for each 13 shares of Landmark. Gatef…