Ontario report lists incentives, seeks advice
Ontario is calling for a strategic partnership between the province’s mining industry and the provincial government to address issues facing the industry. In a recent discussion paper, the Ontario Min…
Ontario is calling for a strategic partnership between the province’s mining industry and the provincial government to address issues facing the industry. In a recent discussion paper, the Ontario Min…
Open pit mining is now under way on the copper zone at the Murray Brook mine in New Brunswick, reports owner NovaGold Resources (TSE). The company will ship its first load of copper concentrate to Fal…
A $60-million public offering of 7.5 million Sherritt Gordon (TSE) units closed recently. The units, consisting of one common share plus one-half a warrant, were sold on a bought deal basis for $8 eac…
A purchase agreement that gives Wharf Resources (TSE) a 60% interest in the Golden Reward gold mine near Lead, S.D., for US$21.3 million is complete. Under a new partnership with MinVen Gold (TSE), Wh…
Having completed mill tests on 6,000 tons of ore to confirm grade and recovery, Deak Resources (TSE) says it will exercise its option to acquire the Astoria deposit in northwestern Quebec from Yorbeau…
Unable to buy coal from the closed Westray mine at Plymouth, N.S., provincial utility Nova Scotia Power Corp. will purchase an additional 300,000 tonnes coal from Cape Breton Development Corp. (Devco)…
Under an offer to repurchase its debentures, Northgate Exploration (TSE) announced that $11,553,000 (84%) of its 7% convertible subordinated debentures have been tendered. Under the offer, Northgate p…
Ontario Hydro, that giant Crown-owned utility, is creating quite a headache and dilemma for Falconbridge Ltd., its largest buyer of industrial electricity. The big mining firm, suffering from what it …
Colin Redden, Lawrence Schaffer, Laurence Stephenson and Robert Wondga appointed directors; Irving Bronfman appointed director/president.
Prime Minister Brian Mulroney should immediately stop his hysterical blustering over the consequences of a “No” vote to his proposed constitutional amendments. An overwhelming majority of Canadians wa…
Richard Oldake appointed president.
James Trotman, David Hughes and Bing Jung appointed directors.
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