News


Cassiar deal not sewn up yet

Financing for the purchase of the Cassiar asbestos mine in northern British Columbia is proving elusive for Black Swan Gold Mines (TSE). Black Swan had reached an agreement with Arthur Andersen, the m…


NEWS IN BRIEF (July 13, 1992)

Danstar Resources Ltd. (DST:VSE) has changed its name to Star Dance Resources Ltd. (SDL:VSE) with a consolidation of capital on a 1-new-for-4. 4-old-share basis.


Onitap negotiates reverse takeover with Red Oak

An agreement-in-principle has been reached for a reverse takeover of Onitap Resources (TSE) by private company Red Oak Resources of Calgary, Onitap reports. Onitap plans, subject to shareholder and re…


LATIN AMERICA — Even optioning property in Chile

An option agreement to acquire, subject to regulatory approval, a 100% interest in the Inca de Oro project in Chile, in the province of Chanaral, has been acquired by Even Resources (VSE). The gold pr…


Rayrock reducing Discovery interest

The interest of gold producer Rayrock Yellowknife Resources (TSE) in oil and gas producer Discovery West Corp. will be reduced to 39.6% (on an undiluted basis) from 47% following completion of an offe…



EDITORIAL PAGE — A school for the future

About three years ago the future of Haileybury School of Mines was in doubt. With limited enrolment, bruised morale following a bitter strike and dwindling resources, it looked as if the institution w…


Deals establish Kennecott at Lac de Gras

The Canadian arm of Utah-based Kennecott is emerging as one of the biggest players in the Lac de Gras area of the Northwest Territories as the major agrees to shell out millions to get its foot in the…



Little for mining in Senate deal

A recent deal on Senate reform negotiated by nine provincial premiers would have little effect on mining if it is ratified later this month, say industry representatives. The new Senate, made up of an…


ON THE LEVEL — High cost of native self-rule

Who’s kidding whom on the so-called inherent right to native self-rule. What does it mean? How would it work? What will it cost? And who will pay for it? It would simply be irresponsible to enshrine a…


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