LAW DIRECTORS BEWARE
As a director or officer of a corporation carrying on business in Ontario, you might not know that you could be liable to a fine in the order of several tens of thousands of dollars and/or imprisonmen…
News
THE PANEL MILL
The Panel mill was rehabilitated in 1979. At the outset, problems cropped up with the old mill; specifically, in the pumping system (which had to be upgraded) and with contaminants in the ore. This la…
Aster investigates two gold showings
During recent exploration work, Aster Exploration (ME) discovered two encouraging gold indications on its Langloiserie property located southwest of Chibougamau, Que. The first was uncovered at a dept…
Silbak, Pioneer merger
The effective date for the amalgamation of Silbak Premier Mines (VSE) and Pioneer Metals Corp. (TSE) was set for May 11, with the amalgamated company trading as Pioneer Metals Corp. on both the Vancou…
Lyon Lake assets
Assets of Lyon Lake Mines (ME) stood at $2.5 million at the end of 1987, with liquid assets totalling $700,000, the company reports. During 1987, the company completed two public financings worth a co…
Jascan/Atlantic take Dawson claim dispute to Colo. court
A dispute has erupted over the validity of a mining lease on a small portion of the Dawson project in Colorado. Alberta-listed Jascan Resources and joint venture partner Atlantic Goldfields, whose sha…
INSIDER TRADES (May 30, 1988)
Amer Barrick — A. Hill sold 1,400 to hold 5,800. Battle Mountain — R. Howe sold 15,879 class A shares to hold 11,135. Canamax — Amax Gold (Can) bought 15,400 to hold 6,980,657. Carolin — J. Berns …
Montreal Exchange Light trading week (May 30, 1988)
A holiday-shortened week of relatively quiet trading on the Montreal Exchange brought few surprises, with the market portfolio closing down but the mining and minerals index showing a small gain. Dail…
Obituary Nelson Bidgood
Nelson Bidgood, a name synonymous with the early development of the Chibougamou area, died in late April at the age of 80. For his pioneering work there he had received numerous plaques and citations …
Falconbridge near settlement on Dominican tax
William James, chairman of Falconbridge Ltd. (TSE) confirms that a settlement is in the making though not yet finalized with the government of the Dominican Republic, which could see Falconbridge’s fe…
Reduced gold output adds to Inspiration’s losses
A seasonal absence of production at the Nome, Alaska, placer gold mining project and reduced output at the Austin gold mine in central Nevada were factors in a first quarter net loss of $5 million, In…
Women in mining organized in U.S.
Women in Mining, a national U.S. organization dedicated to educating its members and the public about the importance of mineral and energy resources, elected a new slate of officers at a recent meetin…