Toronto Stock Exchange Indices (March 01, 1993)
Feb.23 Feb.22 Feb.19 Feb.18 Feb.17 High Low Composite”300″3452.78 3447.67 3426.31 3409.42 3417.70 4009.47 3009.91 Metals&Minerals 2893.08 2907.29 2891.83 2889.78 2906.96 3453.06 2502.63 Integrated Min…
News
Laurasia, Kalrock plan amalgamation
Directors of Laurasia Resources (TSE) and Kalrock Resources (ASE) have approved in principle an amalgamation plan for the two companies on a share-for-share basis. The agreement is subject to sharehol…
Insider Trading — Former executive of Placer Dome exercises
When the shares of Placer Dome (TSE) were rising steadily last month, officer and director Peter Crossgrove sold a large portion of his holdings. According to the Ontario Securities Commission’s OSC B…
EXPLORATION & DISCOVERY: COAL
The Canadian coal industry had a difficult year in 1992. Strikes, lockouts, and a tragic accident led to a drop in production, exports and earnings. These events were unusual for the Canadian industry…
NEWS IN BRIEF (March 01, 1993)
Pluton Industries Ltd. (PTN:VSE) has changed its name to Clairon Environmental Technologies Inc. with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Montreal Trust….
PEOPLE — AUSPEX GOLD (March 01, 1993)
Alvin Jackson appointed director.
PEOPLE — CONS SHOSHONI GOLD
Gilles Laverdiere appointed president.
Musto named in court action
A shareholder of International Musto Explorations (TSE) is alleging that the company and Adolf Lundin were party to a number of securities transactions that are alleged to have conveyed undue benefit …
Ontario to close Cobalt laboratory
Ontario’s Ministry of Northern Development and Mines will place its Temiskaming Testing Laboratory in Cobalt on a care-and-maintenance basis effective Sept. 1. Demand for the lab’s service has dropped…
Stratabound buys zinc properties
Early-stage exploration programs are being planned by Stratabound Minerals (ASE) for two newly acquired base metal properties in the Aiken Lake area of northeastern British Columbia. The company purch…
EDITORIAL PAGE — Active in exploration
Not a bad start to the year for mining exploration, wouldn’t you say? The diamond hunt continues with sparkling enthusiasm across Canada, parts of the U.S. and overseas in Africa, and a staking rush i…
LATIN AMERICA ROUNDUP — Golden Star drilling at Rosebel
Field work last year at the Gross Rosebel concession in Suriname concentrated on two targets, the Royal Hill and Mayo zones, where 12 miles of assay trenches were cut, Golden Star Resources (TSE) repo…