PEOPLE — NEW RIO RES.
Peter Dunfield appointed vice-president of corporate finance.
News
William negotiates Bharti acquisition
Montreal-based William Resources (ME) has negotiated a deal to acquire Bharti Laamanen Mining for $4 million. William plans to issue $3 million worth of common shares (3.5 million shares at 85 cents p…
COMMENTARY — Two coal industry visions
The coal industry’s most important task is to ensure that the economic advantages of coal are so overwhelming that they cannot be ignored or subjected to political whims. Let me try to give you two po…
Bolivian mining potential lures Canadian companies
Ross Beaty, former president of Equinox Resources, is back in action with a new junior company, Da Capo Resources (VSE), focused exclusively on Bolivia. “This is a country with strong mining tradition…
GOLD FUNDS (July 11, 1994)
BGR Central Net Value $17.22 $6.84 Price $15.68 $7.50 Premium 9.6% Discount 8.96% Value $139,879,000 $135,744,750…
EDITORIAL PAGE — Inflated expectations?
It isn’t surprising that people are perplexed over a resurfacing of inflation, as reported in the general press. Talk of inflation befuddles the average Canadian because, according to the official sta…
BHP reports $1.3-billion profit
The largest company in Australia, BHP, enjoyed record net profits of A$1.3 billion (US$924 million) for the fiscal year ended May 31. The result was an increase of 29.6% over the previous year and a r…
Casa Berardi operating again
A localized ground fall at the Casa Berardi mine in northwestern Quebec has claimed the life of a driller. Marco Germain, an employee at the mine since 1988, is survived by his wife and two children. …
Consumption should increase — Automobiles and their copper
Everyone knows that the copper radiator will soon be obsolete. Does this reflect an overall decline in the use of copper in the automotive industry? Not at all. Let’s look at the numbers. In its day, …
Delgratia active in Nicaragua
Through a wholly owned subsidiary, Delgratia Developments (VSE) has opened an office in Managua to explore and develop six recently acquired properties in Nicaragua. The ground comprises 2,892 sq. km …
NEWS ROUNDUP — Moneta arranges financing
Timmins, Ont.-based Moneta Porcupine Mines (TSE) has grossed $570,000 through two private placements. In one placement, privately owned Mattalex subscribed to 1 million shares at 24 cents each, to rai…
Granduc secures additional funds
An additional loan of $2.5 million will enable Granduc Mining (TSE) to finance its share of pre-development work on the Farley Lake gold deposit in Manitoba. Farley Lake is included in Granduc’s Keyst…