EDITORIAL Building for the future
Bank of Nova Scotia Chairman and CEO C.E. Ritchie addressing shareholders on the basic challenge facing Canada – competitiveness: The wealth of our nation is linked to natural resources. But, with som…
News
Thios,Eurus target Black Dog horizon
Assay results have been released by partners Thios Resources (VSE) and Eurus Resource (VSE) from 13 of 18 holes drilled on the Rock & Roll property in the Iskut River district of northwestern British …
U.S. REPORT Coeur d’Alene continues gold development program
The gross proceeds of US$50.2 million realized by Coeur d’Alene Mines (NYSE) through the sale of two million of its shares last October will be used primarily to develop the Kensington and Fachinal go…
Liberian earnings (March 04, 1991)
Net earnings of US$8.01 per share have been reported by Liberian Iron Ore (TSE) for the year ended Dec. 31. A special dividend of US$11.38 per share has also been declared payable to shareholders of r…
Vancouver Stock Exchange Tymar, Akiko-Lori, Varitech busy
Both the Vancouver Stock Exchange composite and resource indices staged rebounds over the week ended Feb. 26. The composite index added more than 10 points to finish at the 534 level while the resourc…
No new tax breaks for mining in the latest federal budget
A budget aimed at reducing the federal deficit to $6.5 billion in 1996 from $30.5 billion this year and putting a cap on inflation had nothing in store for the Canadian mining industry. Requests for t…
Assayers form joint venture
A joint venture operation has been announced by Assayers Corp. and Technical Services Laboratories. Since the beginning of the year, the joint venture has operated under the name Assayers Group. Both …
LETTERS TO THE EDITOR Engineers take responsibility
A recent letter published in your paper (T.N.M., 28/91) took some cheap shots at the profession of engineering. The letter “Engineers deserve a good swift boot,’ ” written by A. Chamot, not only blame…
PEOPLE American Mining Congress
Milton Ward re-elected chairman of the board; Allen Born re-elected vice-chairman and chairman of the AMC Finance Committee; Harry Conger, Robert Quenon, Richard de J. Osborne, Gordon Parker, Thomas M…
COATS (over-the-counter) Willingdon doubles
Willingdon Resources racked up impressive gains in the week ended Feb. 26, as more than 700,000 shares changed hands. While the company’s stock doubled in price to $1.50, President George Cross said h…
Minerex gearing for 1991 (March 04, 1991)
With the signing of a new joint venture agreement on the Aurora partnership and with legal disputes with its former mining contractor behind it, Minerex Resources (TSE) is gearing up for a prosperous …
Correction (March 04, 1991)
Parts of two lines were dropped inadvertently from the article New Ontario legislation targets previous owners” (T.N.M., Feb. 11/90). The correct version should have read: As well, the old Environmen…