News

Chilean convention draws international attention

For exhibitors at any trade show, the true measure of success is the number of contacts and sales leads generated. Judged by that criterion alone, the recent Expomin Mining Convention in Chile’s capit…


Toronto Stock Exchange Indices (June 06, 1994)

— 1994 — May 31 May 30 May 27 May 26 May 25 High Low Composite”300″ 4326.77 4320.67 4328.88 4330.71 4291.37 4609.93 3518.31 Metals&Minerals 3736.83 3743.72 3783.65 3812.63 3759.34 3879.59 3273.56 In…


Hecla set to drill Grouse Creek

New York-listed Hecla Mining is planning a 40,000-ft. drill program on the Grouse Creek gold mine project in Idaho. The $1-million program will be aimed at finding additional high-grade, underground r…




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…



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