News

COMMENTARY — Reforms through privatization

Many countries are seeking private investors as a source of investment capital, managerial know-how and technical expertise in providing infrastructure services. Asia and Latin America, in particular,…


Asbestos shareholders fight for settlement

A group of minority shareholders of Asbestos Corp. (TSE) has lost the first round in its legal battle against the province of Quebec, but it isn’t giving up the fight. The crux of the dispute, now bei…


TSE, ME reducing transaction fee

The Toronto Stock Exchange (TSE) and the Montreal Exchange (ME) are reducing the maximum fee charged to members for trading securities. The fee will be reduced to $100 from $1,000 per transaction, eff…


Cactus plans drill program

With drilling planned for three properties this summer, Cactus West Explorations (VSE) is gearing up for an active season. At least 40 reverse-circulation holes are planned on the Pamlico property sou…



Restructuring for Central Crude

A proposed restructuring of Central Crude (TSE) would see the junior renamed as River Gold Mines. River Gold, a wholly owned subsidiary of Western Quebec Mines (TSE), has a 60% interest in the Eagle R…



Golden Knight reports earnings

A 40% interest in the Casa Berardi mine helped Golden Knight Resources (TSE) generate net earnings of $811,000 for the first quarter, compared with $1.1 million in the same period last year. Gold prod…



OBITUARY — Holmes was active abroad

A former professor and consulting geologist who was active in Canada, the U.S. and Europe, Stanley Holmes died recently in Toronto. He was 68. A native of Montreal, he had degrees from McGill and Corn…


PEOPLE — SRS CAPITAL

Charles McAlpine appointed director, president and chief executive officer; Michael Eland and R. Perger appointed directors.



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