EDITORIAL PAGE — Directors no more
Are directors of public companies on their way to becoming an endangered species? If so, who would want to become a director in the first place? In Vancouver recently, six of nine members of the board…
News
EDITORIAL PAGE — Pivotal stock transaction
It is said that the really serious participants in an activity or discipline become so caught up in their endeavors that they are able to think of nothing else 24 hours per day. The condition applies …
MINER DETAILS — Studies, studies and more studies
Mining companies hoping to bring a new mine on stream in British Columbia must go through three stages of the province’s mine development review process before getting the final go-ahead. If the proje…
LETTERS TO THE EDITOR — New light on Sudbury-type rocks
Sudbury-type (nickel-cobalt) mineralization associated with extensive albitization in Mackelcan Twp., northeast of Sudbury, Ont., was reported by Flag Resources (T.N.M., June 15/92). Noted was the enr…
LETTERS TO THE EDITOR — Mining vital to B.C.’s economy
The Round Table on the Economy has recognized that the resource sector will continue to be British Columbia’s underlying strength. Mining alone employs about 14,400 people directly in the province, wi…
Underground tour of Hollinger mine
Individuals concerned about the impact of mining on the environment are invited to visit the Hollinger gold mine at Timmins, Ont. The underground tour, available daily during the summer till September…
Flag seeks possible partner for Wanapitei deep drilling
Calgary-based Flag Resources (ASE) says it is discussing a potential joint venture with a company interested in drilling a 5,000-ft. vertical hole on the western magnetic peak of the Wanapitei anomaly…
METALS MARKETS — South African tensions stir markets
Tensions are mounting as political blocs in South Africa jockey for power. The African National Congress (ANC) party, which has yet to demonstrate it can represent or govern democratically, upped the …
Active Commonwealth Gold finalizing property agreements
Western markets remained little changed during the period ended July 28. The Vancouver Stock Exchange resource index closed down 4.51 points to 554.55 and the composite index slipped 3.83 points to th…
PRODUCER PRICES (August 03, 1992)
ALUMINUM: MW U.S. market US59.50-60.00 cents per lb. (Jul. 16, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…
Teck to drill at Lac Marcaut
A 1,500-metre drilling program is being started by Teck Exploration on the Lac Marcaut property 130 km north of Matagami, Que., Fancamp Resources (VSE) reports. Peter Smith, president of Fancamp, whic…
Evaluation work planned by Cheni on Mets deposit
During the next six weeks, Cheni Gold Mines (TSE) intends to carry out its initial underground evaluation program on the Mets deposit, near its producing .TLawyers gold mine in the Toodoggone district…