Conference set for workers compensation
The third annual conference on Workers’ Compensation, sponsored by the Employers Council on Workers’ Compensation, will be held at the Metro Toronto Convention Centre Nov 29. The conference will begin…
News
FINANCING (November 13, 1989)
ONTARIO Alta Ventures — min 700,000 offered @ 35 cents per sh. Int’l Azora — gross proceeds rec $600,000. Yukon Spirit Mines — gross proceeds rec $275,000. Golden Peaks Res — 250,000 flow-through…
Integrated encouraged at Goat
Edmonton-based Integrated Resources (ASE), which is making a takeover bid for Northern Minerals (TSE), recently obtained some encouraging results from exploration at its Goat gold project near Telegra…
Hollinger North tests for lump ore
Bulk-sample testing of three iron ore deposits, aimed at identifying lump ore, was undertaken this past summer by Hollinger North Shore Exploration, a wholly owned subsidiary of La Fosse Platinum (TSE…
World potash market on recovery curve
Consumption of potash will continue to increase at about 2% per year until at least the end of the century, Roskill of London predicts. The research company says world production of potash in 1988 hit…
Cheni bottom line improves
New producer Cheni Gold Mines (TSE) reported earnings of $1.76 million or 16 cents per common share after an extraordinary item for its third quarter ended Sept 30. Cumulative earnings for the seven …
Betts Cove results encourage Bitech in Newfoundland
Preliminary assay results from recent drilling on Bitech Corp.’s (ASE) Betts Cove property in northern Newfoundland have encouraged the company. The property is about two kilometres south of Bitech’s …
FirstMiss quarterly profits slip
First-quarter earnings for FirstMiss Gold Inc. (NASDAQ) fell to $621,000(US) or 3 cents per share for the period ended Sept 30, compared with earnings of $771,000 for the same period in 1988. The com…
Preview blossoms into notable gold deposit in just one year
A feasibility study on the Bakos gold deposit near La Ronge, Sask., could lead to a production decision by mid-1990, Cameco says. Cameco, Uranerz Exploration and Mining and Windarra Minerals (TSE) own…
Esperanza revises Tillicum reserves
This season’s drilling by Esperanza Explorations (VSE) on its 100%-owned Tillicum Mountain property near Nelson, B.C., has resulted in a revision of reserves. The East Ridge zone is now reported to co…
Westfield’s sale of Chilean mine draws criticism
Some minority shareholders of Westfield Minerals (TSE) are unhappy with a recent transaction in which all of the company’s mining assets were transferred to a wholly owned Northgate Exploration (TSE) …
Exchanges limit super-voting’ shares
Canadian stock exchanges have adopted measures designed to limit the sprea of multi-vote shares, which are often used by company insiders to sell shares without losing control of the company. Starting…