Platinova moving to Greenland
Shareholders of Platinova Resources (TSE) have given the green light to a proposal to transfer the company’s business to Greenland under an arrangement that includes an approximate $2-million equity i…
News
NO HEADLINE (June 17, 1991)
Albertas’ placer miners — they’re glad no-one notices…
Bond to sink shaft at Golden Patricia
Encouraged by ongoing deep drilling at the Golden Patricia property near Pickle Lake, Ont., Bond Gold Canada, a unit of Bond International Gold (TSE), will sink a 1,100-ft. shaft at the mine starting …
PEOPLE NAVARRE RESOURCES
Eric Gilstead appointed director.
New law forces MAPAO changes
At its recent annual meeting in Toronto the Mines Accident Prevention Association of Ontario (MAPAO) celebrated 60 years of progress in Ontario’s mining industry. The immediate forerunner of MAPAO wa…
PEOPLE SEYGOLD RESOURCES
W. McKee appointed secretary-treasurer.
Jordex bids to acquire Moraga
Known primarily for its mining ventures in Latin America, Jordex Resources (VSE) has made a move to acquire Moraga Resources (VSE) which has mineral property holdings on northern Vancouver Island. Sub…
PROFILE Nagy of Snip fame explores Brewery Creek
Despite the current recession, the Brewery Creek gold deposit, near Dawson, Yukon, excites investors. Loki Gold, which is earning into the discovery, has recently raised $1.28 million in a public fina…
Contract ratified at Mines Gaspe
Workers at Noranda Minerals’ (TSE)Division Mines Gaspe in Quebec have voted 79.8% in favor of a new, 3-year collective agreement effective May 28. The new contract provides for an 18.8% wage increase…
Drills to turn on Queenston bet
Battle Mountain Canada, a unit of Houston-based Battle Mountain Gold (NYSE), is planning to spend $1 million this year to follow up encouraging results from a group of claims near Kirkland Lake, Ont. …
St Andrew plans new offering
To help solve its financial problems, St Andrew Goldfields (TSE) is planning an offering of convertible preferred shares in Switzerland. The company said it has appointed Banque Indosuez of Geneva an…
LETTERS TO THE EDITOR Culprits of industry’s woes
A recent Editorial Page column (T.N.M., May 20/91) by M.R. Brown correctly identifies problems facing the mining industry, many of which have been initiated by various federal and provincial governmen…