Lac inherits bounty from Bond
When Lac Minerals (TSE) shelled out $10 per share, or US$378.8 million, for a controlling interest in Bond Gold in 1989, many believed the gold producer had paid too dearly to boost its output and exp…
News
LETTERS TO THE EDITOR — Accidents not fault of workers
I am concerned that your article “Improper motivation main cause of accidents” (T.N.M., June 7/93) may leave readers with the mistaken impression that the Mines Accident Prevention Association of Onta…
MVP Capital to issue $1m in bonds
A Swiss securities dealer has agreed to buy $1 million in convertible bonds and warrants from MVP Capital (TSE). MVP plans to use $500,000 of the proceeds, together with $500,000 already advanced to D…
Wollastonite glut a growing concern
Total annual production of wollastonite could approach 500,000 tonnes by 1995, according to a report from Roskill Information Services of London, England. Consequently, world demand could be exceeded …
NEWS IN BRIEF (June 21, 1993)
Citation Gold Corp. (CGQ:VSE) has changed its name to Cogenix Power Corp. with no consolidation of capital.
NEWS ROUNDUP — X-Cal begins drilling Pipeline
Drilling has begun on X-Cal Resources’ (TSE) Crippen Canyon claims in the Pipeline gold area of Nevada. Three properties — Crippen Canyon, Mill and Goldspar — will be drill-tested in series, X-Cal r…
PEOPLE — NUCORE RESOURCES (June 21, 1993)
Basil Pantages appointed director.
PEOPLE — RANDSBURG GOLD (June 21, 1993)
C. Maddin appointed director.
PEOPLE — I.M.P.A.C.T. MINERALS
Richard Mazur appointed director.
PEOPLE — BLUE EMERALD RESOURCES
David Graham and Ben Schmidt appointed directors.
PEOPLE — BEAUCHAMPS EXPLORATION
George Slightham, Peter Tranter and Leslie Redford elected directors.
PEOPLE — CONS. CANADIAN VENTURE
Murray Pezim appointed president and director; Naren Majithia and Harvey Gould appointed directors.