Ontario budget draws praise
By recognizing mining as a significant contributor to the province’s economy, the new Ontario budget has drawn a favorable response from industry representatives. While operators have been guaranteed …
By recognizing mining as a significant contributor to the province’s economy, the new Ontario budget has drawn a favorable response from industry representatives. While operators have been guaranteed …
Minefinders Corporation (TSE) says it expects to receive royalties from a 2% net smelter return on the Dubuisson East property in Val d’Or, Que., as a result of Western Quebec Mines’ decision to proce…
Gateway Uranium Mines (CDN) has issued 750,000 common shares to its creditors in order to settle a $450,000 debt. Gateway also reports that Vance White and Peter Vamos have resigned from the company’s…
Western markets leveled off during the period ended May 5, with the Vancouver Stock Exchange composite index finishing up 5.74 points to the 620 level and the resource index slipping just under three …
ZINC: Producers report reasonably steady sales as consumers continue to buy on a month-to-month basis. In spite of London Metal Exchange (LME) inventories increasing in April from 221,575 to 239,325 t…
Developing new mines will be an important cornerstone for growth in the 1990s, shareholders of Teck (TSE) were told at the company’s recent annual meeting. President Norman Keevil provided details of …
The net loss of $91 million reported by Princeton Mining (TSE) for 1991 reflects a $60-million writedown in subsidiary Cassiar Mining, an asbestos mining company now in receivership. The 1991 results …
I would like to thank you for maintaining an excellent flow of exploration news during a prolonged period of upheaval. However, I feel your newspaper could be further improved by more careful editing …
British Columbia’s mining industry and the New Democratic Party traditionally mix like oil and water. The two solitudes clashed when Dave Barrett took power in 1972, and it’s beginning to look like it…
After 94 years, the Canadian Institute of Mining, Metallurgy and Petroleum is still capable of putting on a remarkable convention and annual meeting for its 12,000 members, but the institute has to gr…
A new management team led by Arimetco International (TSE) Chairman Roy Shipes has taken control of Breakwater Resources (TSE), after shareholders of Breakwater approved a debt restructuring plan. Ship…
William Coughlan, the executive director of the Mines Accident Prevention Association of Ontario (MAPAO) died recently at the age of 59 after a short battle with cancer. A dedicated proponent of healt…
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