News


NEWS ROUNDUP — Canarc alters merger plans

Following their failure to receive court approval for a 3-way merger with Rembrandt Gold Mines (ASE), Canarc Resource (VSE) and Suntac Minerals (VSE) plan to proceed with a 2-way merger. As in the pre…



Notes on Guyana

— Guyana, situated on the northeastern shoulder of South America and that continent’s only English-speaking country, is in the throes of a general election. Voting day is Oct. 5. Elections in Guyana,…


Goldbrook, Castlewood option additional ground near

Goldbrook Explorations (TSE) and joint venture partner Castlewood Metals and Explorations (CDN) have optioned an additional 19 claims in the Onaman River area, 50 miles north of Beardmore, Ont. The ne…


EDITORIAL PAGE — Time to move on

This, our political leaders would have us believe, is the best they can do. The Charlottetown Accord — successor to the failed Meech Lake Accord — is the latest attempt to “renew” the Canadian Const…


Commodity index shows decline

The metals and minerals sub-index increased but the all-items commodity price index of Scotiabank dropped in July by 1.4%, the index’s second consecutive monthly decline. Higher base metal and gold pr…



Diamonds, plans for N.W.T. port spur exploration

Exploration activity is booming in the Northwest Territories at both the grassroots and advanced project levels, and expenditures this year are expected to easily surpass $35 million, over 27% more do…



Court disallows Canarc merger

The Supreme Court of British Columbia did not approve a proposal to amalgamate Canarc Resource (VSE), Suntac Minerals (VSE) and Rembrandt Gold Mines (ASE). Canarc currently holds a 51% interest in Sun…


Sulphurous gases: putting pollution into context

Today, man is universally condemned as the environmental hooligan. However, nature too can devastate the global balance. For example, the latest phase of sulphur dioxide control is on schedule at the …


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