EDITORIAL PAGE — Two thumbs up for CANMET
Governments are always criticized for doing things wrong and rarely praised for doing things right. But one government initiative that clearly merits “two thumbs up” is the Canadian Centre for Mineral…
News
AECL report: Canadian Shield safe for nuclear waste burial
Nuclear waste can be safely buried in the Canadian Shield, according to a federal environmental impact statement. The report, based on 15 years of research by Atomic Energy of Canada (AECL), says spen…
BOOKS IN REVIEW — Kimberlites in British Columbia
Carbonatites, Nepheline Syenites, Kimberlites & Related Rocks in British Columbia, by Jennifer Pell. Published by the British Columbia Ministry of Energy, Mines and Petroleum Resources, Geological Sur…
Band-Ore acquires more Timmins properties
CDN-listed Band-Ore Resources recently acquired two properties near Timmins, Ont. In Denton and Thorneloe twps., the company acquired 20 leased and 120 unpatented mining claims from joint owners Homes…
NEWS ROUNDUP — Skyline drilling at Bronson Slope
In an effort to confirm both grade and tonnage, International Skyline Gold (TSE) is drilling a minimum of 3,500 ft. on its open-pittable Bronson Slope copper-gold porphyry deposit. Situated in the Isk…
Correction (October 31, 1994)
Franco-Nevada Mining (TSE) purchased a 5% net profits interest in Rustenberg Platinum’s Pandora platinum property in South Africa from a private company. Incorrect information appeared in our Oct. 24 …
Business in China
Professional services firm Ernst & Young has released a 150-page book on “Doing Business in China,” which provides an overview of the investment climate, taxation, forms of business organization, and …
Gold Funds (October 31, 1994)
BGR Central Net Value $18.52 $6.81 Price $14.38 $7.00 Premium 2.8% Discount 22.39% Value $150,490,000 $126,695,100…
Fidelity buys stock
Fidelity Management and Research, on behalf of several investment companies and institutional clients, has bought Agnico-Eagle (TSE) common stock. As a result, the Fidelity group now holds 12.3% of Ag…
Hemlo workers favor Steelworkers
Unionized workers at Hemlo Gold Mines’ Golden Giant operations in northwestern Ontario have rejoined the United Steelworkers of America. In June, the workers voted to decertify the union. In the lates…
Pangea exploring Tanzanian gold projects
Having revised its mining and investment laws after almost 25 years of socialist rule, a new era of mineral exploration appears to be dawning in this East African republic. Poised to take advantage of…
Tanzania offers opportunities
After almost a quarter century of socialist rule, Tanzania has adopted new policies aimed at attracting foreign investment. An important contribution is anticipated from the restoration of the mineral…