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Lucas acquiring Emma interest

To earn a 50% interest in the Emma gold mine property near Dunton, Colo., Lucas Gold Resources (ASE) recently issued two million series B preference shares to National Gold and Nickel Resources (VSE)….



Quarterly loss reported by Inco

After recording a US$2.2-million profit for the first three months of the year, Inco (TSE) slipped into the red during the second quarter, reporting a net loss of US$1.5 million (3 cents per share) co…


Queen’s department to mark centenary

The Department of Mining Engineering at Queen’s University in Kingston, Ont., will celebrate its 100th anniversary in August, 1993, by hosting an international congress on mine design and a trade show…



EDITORIAL PAGE — Directors no more

Are directors of public companies on their way to becoming an endangered species? If so, who would want to become a director in the first place? In Vancouver recently, six of nine members of the board…


EDITORIAL PAGE — Pivotal stock transaction

It is said that the really serious participants in an activity or discipline become so caught up in their endeavors that they are able to think of nothing else 24 hours per day. The condition applies …


Gold transactions in U.S. in decline

Gold resource transactions in the U.S. in 1991 dropped for the fourth year in a row, reports Colorado consulting firm Balfour Holdings. Last year, 58 transactions were completed, the lowest level sinc…


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