1990


Seven Mile High rejects Hamelin offer

Shareholders of Seven Mile High Group (VSE) rejected an unusual offer by former president Maurice Hamelin to drop his $1.3 million lawsuit against the company on the condition they elect a board of di…


EDITORIAL PAGE Taxed to death

Governments just can’t handle money. The more they get, the more they spend. Politicians just do not have the backbone to say no to any request that carries even the slightest whiff of votes. The resu…


NEWS IN BRIEF (November 05, 1990)

An information forum on professional registration of geoscientists will be held this month in three Ontario cities: Sudbury (Nov. 14, 8 p.m.), Timmins (Nov. 15, 7 p.m.) and Ottawa (Nov. 16, 1 p.m.). T…



Ramrod drilling Spanish property

A drilling program is under way on the Marta gold-silver property owned by Consolidated Ramrod (VSE) in northwestern Spain. The program is testing a gold-bearing quartz vein system known as Las Llagas…


Experts to give advice on Bill 208

Many of the provisions in Bill 208, Ontario’s new occupational health and safety law, will come into effect Jan. 1, 1991. Advisers from the government and the province’s top employers will give guidan…


Steel consumption expected to decline

Despite eventual possible economic fallout from rising oil prices, 1990 is likely to be a peak year for steel consumption in the Western World, said the secretary general of the International Iron and…


Low potash prices hurt Potash Corp.

Low potash prices continue to take their toll on on Potash Corp. of Saskatchewan (TSE) whose annual potash output represents about 15% of the world’s total production capacity. For the three months en…


People GOLDCAP INC.

Arthur Fisher appointed president; Ross Glanville appointed corporate secretary and treasurer; Gary Swanson appointed chairman; Giles Peatfield appointed vice-president of exploration and a director; …



COATS (over-the-counter) Windy extends zone

Drilling results from Windy Mountain Explorations’ MacLeod Lake property near Chibougamau, Que., indicate that the low-grade copper deposit extends past a block of previously outlined reserves. Result…


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