SUPPLIERS’ NOTES (October 01, 1991)
Robotech Industries Ltd., through distributor Northern Consolidated Equipment of Sudbury, Ont., has introduced a remote-controlled skid steer loader that would be handy in hazardous underground situat…
News
GIBRALTAR’S DUMP LEACHING: An insight into acid effluent control
Since 1972 Gibraltar Mines has operated a medium-sized, copper-molybdenum open pit in the Cariboo country of British Columbia. To improve the economics of a low-grade operation, Placer Dome (the major…
LETTERS (October 01, 1991)
The Northern Whiner? On reading the Editor’s Note “Stranded” (Summer Issue), I think you should rename the magazine “The Northern Whiner”. You open with ominous warnings about NDP government and concl…
St Andrew bonds
A renewal of an offer to exchange 5.75% convertible bonds into convertible preferred shares at a ratio of 2,940 preferred shares for each CHF (Swiss franc) 5000 bond, until Sept. 27, has been announce…
Alberta Stock Exchange (September 30, 1991)
Following its court battle with Metalore Resources over the Brookbank gold property in northwestern Ontario, Ontex Resources has announced a letter of intent covering an option deal with large gold pr…
New deposit at Matagami camp
Surface drilling on the western portion of the Orchan property near Matagami, Que., has discovered a deep, massive sulphide deposit with one hole intersecting 130.1 ft. grading 17.31% zinc and 2.11% c…
EDITORIAL PAGE (September 30, 1991)
American Barrick Resources Chairman Peter Munk stands to make $36.6 million when he sells two million shares he bought earlier this year through stock options granted in 1987. Munk will likely take a …
Toronto Stock Exchange (September 30, 1991)
Constitutional issues aside, Inco Ltd. was the big talking point among mining watchers during the week ended Sept. 24. The nickel miner’s activities clearly caught the attention of residents in Sept-I…
Guest Column; Business must practise what it preaches
The Canadian business community faces a crisis of confidence in our credibility with the general public. Too many Canadians believe that we, the business community, do not operate in a manner that ben…
NEWS IN BRIEF (September 30, 1991)
Marshall Minerals (ASE) announced a normal course issuer bid to acquire about 1.4 million of its outstanding shares through the open market to Sept. 15, 1992. The company has almost 27 million shares …
Keno mine adits under observation
The president of United Keno Hill Mines (TSE) says the company is addressing Environment Canada concerns about pollution from two adits at the Elsa silver mine. “We believe we’ve got a solution that w…
Horne Fault takes option on tailings
In return for a US$2.5-million payment, Horne Fault Mines (CDN) has been given the option to acquire a 2.2% net smelter royalty on a gold tailings recovery operation in the southwestern U.S. A metallu…