CFC changes corporate name to Minnova Inc.
Innovation in mining will characterize the new Corporation Falconbridge Copper, so the company has taken that phrase and fashioned a new name for itself — Minnova Inc. Since control of the company –…
News
Tragedy at Inco’s Levack nickel mine
Four miners, employees of Inco Ltd., have been killed underground at the company’s Levack nickel mine near Sudbury, Ont. Termed a “freak accident” by officals of the United Steel Workers of America, t…
Mining taxation
A one-day seminar, providing an update and overview of the taxation of the Canadian mining industry, will be offered May 5 at the Four Seasons Hotel (Yorkville), Toronto. Topics to be discussed includ…
Noranda, Placer both looking at Dome Mines shares
Noranda Inc. and Placer Development both admit they have an interest in the possibility of buying the shares of gold-producer Dome Mines held by Dome Petroleum, but neither Noranda nor Placer appear t…
CDDA meeting
The 44th annual meeting and convention of the Canadian Diamond Drilling Association (cdda) will take place April 29, 30 and May 1 at the Fantasyland Hotel in Edmonton, Alta. A varied agenda covering n…
Newhawk back at Sulphurets
Underground development work has begun at Newhawk Gold Mines Sulphurets project north of Stewart, B.C. Freight and equipment have been transported to the site for a $5 million 2-phase program, the fir…
HSK and Joutel to buy Queenston Gold shares
Working on an agenda of quiet growth over the past year, Toronto- listed HSK Minerals and Joutel Resources have taken a major step which consolidates their position in the famed Kirkland Lake mining c…
MFC records a profit as a mining finance house
Fewer than two years from its inception, MFC Mining Finance Corp has emerged as a profitable mining finance house, with interests in two operating gold mines. For the year ended Dec 31, mfc generated …
Toodoggone project affected by Serem (now Cheni Gold Mines Ltd)
The decision by Serem Ltd. to proceed with its Lawyers project, north of Smithers, B.C., will effect a number of properties in the Toodoggone area, including the Mets project of Manson Creek Resource…
Editorial Stock hot-line
Three gold exploration companies had trading of their shares halted this week in Vancouver and Toronto for a rather unusual reason. It appears that over the weekend, a Toronto-based penny stock invest…
Alberta Stock Exchange Correction sets in
Most gold issues on the major exchanges entered a modest correction phase today, as gold bullion gave up $8 to $442(US). However, the correction for some companies amounted to nothing more than sidewa…
Editorial Oh for more “One-Share Sweeneys”
With annual meeting time once again rolling around, our editorial staff will be called upon to attend several hundred. All too many, we fear, will prove routine and boring, with little more than a han…