EDITORIAL No need to waste more time
Good communication between companies’ directors and shareholders is a basic tenet of a functioning equities market. A fundamental purpose of regulated equities markets is to protect shareholders, and …
1988
Profile MAN WITH A MISSION
He’s not listed in the Who’s Who of Canadian Business. Not many academics trained in the esoterica of rock mechanics are. But if his ambitious plans work out, Dr Marc Denis Everell certainly would des…
Opawica sues Falconbridge over Lac Shortt mine
Opawica Explorations has issued a statement of claim in the Supreme Court of Ontario against Falconbridge Ltd. and Minnova Inc. claiming, among other things, an accounting, damages and the reconveyanc…
Bresea begins drilling
A $500,000 diamond drilling program has begun on property held by Bresea Resources in the Casa Berardi area of Quebec. The drilling is a follow-up to two years of surface exploration which included 30…
Royex and Mahogany gear for production
The Jolu gold property in northern Saskatchewan is head ing for production in 1989, with the operator of the project, Royex Gold Mining, currently making plans for a 450-ton-per-day mill. Toronto-base…
Letters HELPING HAND RE: MACHINE
Doctor in your November, 1987 issue. I would like to bring to your attention that the story should have stated that partial funding of this project was made possible by a grant from the National Resea…
Books (February 01, 1988)
The Korean Mineral Market: Opportunities and Marketing Strategies for Canada by O. Yul Kwon. Monograph No 19, 177 pages, $15(C) plus 15% postage/handling. Queen’s University, Kingston, Ont. K7L 3N6. …
Goldbrook going underground on Wood Mountain project
Following the completion of an underground exploration program, Goldbrook Explorations hopes to have its Wood Mountain property in production by 1990. Located in the Gold Hill area, eight miles northw…
Barrick, HSK option
American Barrick Resources has optioned the Muskasenda Lake gold property from HSK Minerals. The 231-claim property is located 26 miles south of Timmins, Ont. Barrick can earn a 50% interest by spendi…
Giant Bay plans acquisition of TRennessee group
Concerned about near-term cash flow from its bioleaching division, Vancouver- based Giant Bay Resources has concluded a memorandum of agreement to acquire the Banco group of companies of Nashville, Te…
Golden Range has drills on five Mingold properties
Toronto-based Golden Range Resources has five diamond drills operating on five properties held under an agreement with Mingold Resources, Golden Range said recently. Under a back door acquisition agre…
The 1987 Coal Review QUINTETTE
Quintette Coal is located near Tumbler Ridge in northeastern British Columbia. It has long-term contracts for the supply of five million tonnes per year (plus or minus 5%) of high-quality metallurgica…