NEWS IN BRIEF (March 01, 1993)
Pluton Industries Ltd. (PTN:VSE) has changed its name to Clairon Environmental Technologies Inc. with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Montreal Trust….
News
Call for papers (March 01, 1993)
An international conference on mining in Latin America will be held in Santiago, Chile, May 10-14, 1994, by The Institution of Mining and Metallurgy (IMM), with the Instituto de Ingenieros de Minas de…
OBITUARY — Heinz Veerman
Heinz Veerman, a well-known prospector-geologist died Feb. 16, at his home in West Vancouver. He was 61. Veerman was a principal of Veerman Botel, a Vancouver-based consulting firm. Prior to that, he …
Texas to host rock mechanics symposium
The First North American Rock Mechanics Symposium (NARMS) will be held at The University of Texas at Austin in Austin, Tex., June 1-3, 1994. The meeting is jointly sponsored by The U.S. National Commi…
Aur resumes diamond hunt in N.W.T.
Toronto-based Aur Resources (TSE) and its partners plan to spend $1.5 million exploring for diamonds in the Northwest Territories this year. Under a recent agreement, Consolidated Abitibi Resources (M…
Laurasia, Kalrock plan amalgamation
Directors of Laurasia Resources (TSE) and Kalrock Resources (ASE) have approved in principle an amalgamation plan for the two companies on a share-for-share basis. The agreement is subject to sharehol…
Insider Trading — Former executive of Placer Dome exercises
When the shares of Placer Dome (TSE) were rising steadily last month, officer and director Peter Crossgrove sold a large portion of his holdings. According to the Ontario Securities Commission’s OSC B…
EDITORIAL PAGE — Active in exploration
Not a bad start to the year for mining exploration, wouldn’t you say? The diamond hunt continues with sparkling enthusiasm across Canada, parts of the U.S. and overseas in Africa, and a staking rush i…
Inco office workers opt for underground jobs
Sixteen Inco (TSE) office workers, including five women, have volunteered to be in the first group to attend the company’s mining school on March 1. Last December, Inco announced that 86 office staff …
Metals sub-index edges up slightly
The metal and mineral sub-index of Scotiabank’s commodity price index edged up slightly in December, after a sharp decline in November. However, market conditions in early 1993 remain soft. In Japan a…
Wye cuts gold at Saganaga Lake
Recent drilling by Wye Resources (CDN) on its Saganaga Lake property 85 miles west of Thunder Bay, Ont., has encountered further gold mineralization. Three holes totalling 500 ft. were drilled in Dece…
Canarc plans Polaris-Taku work
With the purchase of 94% of the outstanding shares in Suntac Minerals (VSE) now complete, Canarc Resource (VSE) is reviewing financing alternatives for further exploration and development work at the …