Prime Equities launched as public company
Headed by Chairman Murray Pezim and President Chet Idziszek, Prime Equities (VSE) was recently launched as a publicly trading company holding under its corporate umbrella interests in numerous resourc…
News
WGM wins contract with Zambian firm
Toronto-based consulting firm Watts, Griffis and McOuat has signed a contract with Zambia Consolidated Copper Mines to review the exploration potential in that African nation. The work is part of a pr…
OBITUARY John Morgan
John Morgan, an industrial minerals geologist, died recently. He was 76. Born in Winnipeg, Man., Morgan had a B.Sc. from the University of Manitoba and a Ph.D. from the University of Wisconsin. From 1…
Merger of JKS, Lamage
Robert Parsons, president of JKS Boyles, recently announced the merger of the JKS line of cutting and coring diamond tools with Lamage, a subsidiary of JKS Boyles since 1983. The new company will be n…
Vancouver Stock Exchange .Pezim continues to trade
The Vancouver Indices fared poorly over the week ended Jan. 15 as investors pulled their bids and hopped on the fence to wait out the next chapter in the Middle East crisis. The result was a 19.41-poi…
EDITORIAL PAGE Poison of protectionism
It will take strong leadership to tackle the vested interests — in all countries — that want protection from competition. Yet we know from experience that the poison of protectionism could aggravate…
Newfoundland doubles tax on claims
Newfoundland has doubled its tax on mineral holdings to encourage exploration on land not being worked. Beginning this month, the province is charging groundholders an impost of $6 per hectare, up fro…
METAL PRICES FUTURES PRICES (January 21, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 112.10 108.50 108.65 –7.05 Feb 111.00 108.70 108.75 –6.80 Mar 110.20 107.50 107.70 –6.70 SILVER (in US cen…
South Dakota mining firms wait for impact study results
An initiative designed to limit exploration in South Dakota’s scenic Black Hills region was defeated in recent state elections by a narrow margin of 52% to 48%. But it appears that the battle between …
Toronto Stock Exchange Westmin pulls hot hole as Persian Gulf
Share values, reacting to events of the Persian Gulf conflict where last-minute talks between U.S. Secretary of State James Baker and Iraqi foreign minister Tariq Aziz failed the produce a breakthroug…
Inco plans share discount in bid to raise equity capital
Hoping to raise more equity capital, Inco (TSE) will reinstate a 5% discount on common shares issued through an optional stock dividend program, and increase the limit shareholders may invest under it…
Canadian Mining Hall of Fame – Inductee JOHN E. HAMMELL, 1876-1958
It was John E. Hammell’s ambition to “crack open the north,” and he did that through his pioneering use of aircraft. Hammell’s perseverance led to the eventual development of the Flin Flon operations …