Eskay Creek contract awarded
An engineering contract for the Eskay Creek project has been awarded to Davy International, a member of the engineering division of Trafalgar House. Situated north of Stewart, B.C., the gold/silver/ba…
News
NEWS ROUNDUP — Chesbar, Spirit option third play
Two Montreal-listed companies, Chesbar Resources and Spirit Lake, have clinched a deal on a third Venezuelan gold property. Known as the July Concession, this prospect covers 2,000 hectares in the act…
TSE Short Positions (August 02, 1993)
Semi-monthly reports as of July 15, showed 82,360,427 shares of 728 issues compared with 80,138,215 shares of 704 issues on June 30. Larger individual positions included: Aber 107,000, down 25,000; Ag…
NEWS ROUNDUP — Loubel options Messeguay play
A Quebec-based junior has acquired from Messeguay Mines (ME) an option to earn a half interest in the Verneuil gold property near Quevillon, Que. Loubel Exploration (ME) may earn its interest by spend…
DIAMOND PAGE — DHK results represent next milestone in
At presstime, investors were eagerly awaiting results of recent drilling on property held by DHK Resources in the Lac de Gras area. The DHK group of companies, along with partner Kennecott Canada, has…
THE DIAMOND PAGE — Matkin hearing tours B.C.
The inquiry into the operations and regulation of the Vancouver Stock Exchange (VSE) and British Columbia Securities Commission has taken to the road for public hearings. The inquiry headed by James M…
Barytex reorganizes, joins with Romanex; VSE-listed
Besides changing its name from Barytex Resources, the company has announced a change of control and a rollback of one new share for every four old shares. It has also amalgamated with a private compan…
Initiative buys chemical business
CDN-listed Initiative Explorations has bought a 12% interest in Riba Corp., a Delaware-based chemical company. The price: US$200,000. Initiative plans to provide Riba, which is operating on a break-ev…
Teddy Bear Plan approved by court
Members of a 66-year-old syndicate will be reinstated as shareholders of Teddy Bear Valley Mines (CDN) following approval of the company’s Plan of Arrangement by the Ontario Court of Justice. The plan…
Critics force B.C. government to shelve environmental bill
The mining industry is applauding a decision by the British Columbia government to put its controversial environmental assessment act on hold pending further consultation. Strong concerns about the pr…
EDITORIAL PAGE — For the record
The Canadian diamond exploration play has attracted too much uninformed opinion of late. For the record, we will boldly go where only a few have gone before (i.e., out on the limb) and render the foll…
The bad news is Rio’s pulling out — A `good news’
It was a good-news/bad-news kind of week for the backers of the South Kemess project. First, a prefeasibility study on the South Kemess copper-gold project in north-central British Columbia predicts a…