EDITORIAL PAGE — Lament for a province
In mid-1985, Ontario’s debt stood at $30 billion. Throughout the following five years of Liberal profligacy, despite a robust economy during most of that half-decade, the debt rose to $39.3 billion. (…
News
New TVX management pursuing acquisitions
Less than a year into its mandate, TVX Gold (TSE) is wasting no time as it pursues mining opportunities. At the annual meeting in Toronto, Chairman Eike Batista told shareholders and analysts that the…
Sudbury Contact raises exploration funds
Junior Sudbury Contact (TSE) has completed a flow-through private placement worth $1 million. The company will issue 166,666 shares to associated company Agnico-Eagle Mines (TSE). Sudbury Contact will…
Kingswood, Botswana amalgamate
Alberta-listed Kingswood Resources has amalgamated with Botswana Minerals, a privately owned Canadian company, to form Southern Africa Minerals. Under the merger, Kingswood shareholders will receive o…
NEWS ROUNDUP — Bachelor, Espalau merger complete
Now that shareholders have approved the proposed merger of Bachelor Lake Gold Mines (ME) and Espalau Mining (ME), the former will become a wholly owned subsidiary of Espalau and will be known as Espal…
Technical notes
Four new technical notes have been released by mineral processing laboratory Lakefield Research: Tailings testing (Vol. 5, No. 4), Advances in zinc flotation (Vol. 5, No. 5), Solvent extraction testin…
BOOKS IN REVIEW — Cobalt walking tours
A Guide to Historic Cobalt, by Peter Fancy. Published by the Temiskaming Abitibi Heritage Association. For mail orders, contact the Highway Book Shop, Highway 11S, Cobalt, Ont. P0J 1C0. 40 pages. $3.7…
Investors, speculators give gold market a boost
In its latest annual survey of the gold market, Gold 1994, Gold Fields Mineral Services (GFMS) of London says “1993 will be remembered in the gold market chiefly for the resurgence of buying interest …
Harmful policies taking toll on Canadian coal producers
Canadian coal operations cannot expect to become much more competitive than they are today, according to Michael Lipkewich, vice-president of mining for Teck (TSE). “I do not expect to see double-digi…
Andacollo drill results positive
Results from ongoing drilling at the Andacollo project in central Chile have Dayton Mining (TSE) predicting an increase in reserves. The proven and probable minable figure is now estimated at 30.7 mil…
INSIDER TRADING — Band-Ore directors exercise options to
Four directors of Band-Ore Resources (CDN) exercised options and sold shares in February. According to the Ontario Securities Commission’s OSC Bulletin, director Ronald McKeown exercised 50,000 option…
Ottawa pledges support for Canada’s mining sector
The federal government is determined to maintain a healthy mining industry within the context of sustainable development, Natural Resources Minister Anne McLellan told delegates at the recent Mineral …