NEWS ROUNDUP — Coniagas group ponders merger
A proposed merger has been announced by Quebec Sturgeon River Mines (TSE), The Coniagas Mines (TSE), Garrison Creek Consolidated Mines (CDN) and Anglo Dominion Gold Exploration (TSE). Share exchange r…
News
NEWS ROUNDUP — Sheridan hearing postponed to Jan. 5
A court date to hear charges against mining promoter Patrick Sheridan has been postponed until Jan. 5, 1993, says the Ontario Securities Commission (OSC). Originally scheduled for Aug. 25, the OSC hea…
NEWS ROUNDUP — Westray inquiry deferred, charges laid
Following the deferral of the start of an inquiry into the Westray mining disaster by the Nova Scotia Supreme Court, four mine managers and Westray owner Curragh (TSE) have been charged with 52 offenc…
GUEST COLUMN — Industry must promote its image
My time in the mining industry is approaching half a century. There have been many changes, mostly for the better. When I started underground, the pick and shovel were still widely used tools. On smal…
MNDM opens Toronto centre
Ontario’s Ministry of Northern Development and Mines officially opened its new Mines and Minerals Information Centre in the Macdonald Block, 900 Bay St., Toronto, Oct. 5. With the ministry relocated t…
CIM to address timely issues
A panel of experts will address such issues as market cycles and reserves replacement on Jan. 21, 1993, at a mineral economics symposium hosted by the Mineral Economics Society of the Canadian Institu…
TORONTO STOCK EXCHANGE INDICES (October 12, 1992)
Oct.6 Oct.5 Oct.2 Oct.1 Sept.30 High Low Composite”300″3227.53 3231.07 3275.04 3297.88 3327.24 4009.47 3009.91 Metals&Minerals 2706.47 2736.48 2792.58 2830.96 2841.07 3453.06 2502.63 Integrated Mines2…
LETTERS TO THE EDITOR — Placer Dome dispels rumor
Your stock market report (T.N.M., Oct. 5/92) claims “the word on the street” is that Placer Dome “is planning to put an end to exploration in Canada in favor of overseas projects.” Nothing could be fu…
PRODUCER PRICES (October 12, 1992)
ALUMINUM: MW U.S. market US57.80-58.50 cents per lb. (Sept. 24, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 19…
Exall acquiring Mexican properties
Options on three Mexican copper properties are being acquired by Exall Resources (TSE) through the takeover of Mexican-based Cerro de Cobre. The properties — Santo Tomas, Verde Grande and San Martin …
Rules to regulate unpatented claims
The Bureau of Land Management (BLM) of the U.S. is proposing rules to regulate use and occupancy of unpatented mining claims on federal lands under the 1872 Mining Law. The proposed regulations would …
Faraday seeks share extension
A special meeting of common and preferred shareholders of Faraday Resources (TSE) is to be held on Oct. 30 to consider extending the conversion privilege attached to Faraday’s series A first preferenc…