When Bloc Quebecois MP Jean Lapierre decided to retire from politics recently, he hit the MP pension jackpot. At the ripe old age of 36, Lapierre can retire in the happy knowledge that he will likely …
An option to purchase more than 4.6 million shares of RFC Resource Finance (TSE) from Kerr Addison Mines (TSE) at 44.3 cents per share will be exercised by Minnova (TSE). The shareholdings represent a…
It is our belief that Canadian businesses are spending an insufficient amount of money on research and as a result, Canadian businesses lag behind competitors in other countries. Although high-tech in…
Environmental laws are becoming more widespread and stringent and, in many cases, being framed according to perceived (and not necessarily scientifically proved) environmental risks and public health …
Exploration spending in the Northwest Territories is expected to exceed $35 million in 1992, representing an increase of 27% over 1991 and the first increase in four years, predicts the N.W.T. Chamber…
Toronto-based Hemlo Gold Mines (TSE), in full charge of Central Crude (TSE), will finance further surface drilling this fall on the latter’s Moss Lake gold project in northwestern Ontario, its new pre…
Drilling is under way on the Fort a la Corne diamond property 40 miles east of Prince Albert, Sask., report partners Uranerz Exploration and Development and Cameco (TSE). The 1992 program will follow …
With more than $3 million in the bank after a recently completed public unit offering, Chase Resource (VSE) can now concentrate on bringing its Taysan copper-gold project in the Philippines through to…
A 49.9% interest in granite producer Igneous Stone has been acquired by Eastern Stone Products (ASE). Igneous operates the Belmont granite quarry near Havelock, Ont. (in the province’s southeast). Als…
A $5.5-million equity financing involving European institutional investors was completed recently by Greenstone Resources (TSE). The financing, part of a larger offering, was arranged by Middlefield I…
The Blue Dog property in Washington Cty., Idaho, was recently optioned by the U.S. unit of Minnova (TSE), the third major to option the gold property in recent years. Minnova can earn a 50% interest i…
This November, 17,000 Inuit of the Eastern Arctic are expected to ratify a land claim tied to the creation of Nunavut, a vast territory covering 772,000 square miles to be carved out of the Northwest …
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