Lingan mine wins rescue contest
The 21st provincial mine rescue competition was recently held in Glace Bay, N.S. Led by Jay Dooley, the Lingan mine team defeated seven competitors to win the championship. The contestants were judged…
News
News in brief Ark Energy Ltd.
Ark Energy Ltd. (ARK:VSE) has changed its name to Arcanna Industries Corp. (AI:VSE) on a 1-new-for-5-old-share basis. Transfer agent is National Trust.
CLARIFICATION:
To clarify an earlier story (T.N.M., July 16/90), it should be noted that Charles Michener, a current director of Lytton Minerals (TSE), is a former associate of Derry, Michener, Booth & Wahl. Michene…
GOLDFUNDS (July 23, 1990)
MVP BGR Central Capital Net value $10.68 $5.47 $0.34 Price $9.25 $5.625 $0.20 Discount %13.39% %2.8% 41.2% Value $63,586,944 $94,636,688 N/A…
News in brief Amulet Resources Corp.
Amulet Resources Corp. (AUO:VSE) has changed its name to Golden Unicorn Mining Corp. (GU:VSE) on a 1-new-for-3-old- share basis. There has been a private placement of one million shares at 15 cents pe…
Prime Resources buys more Avondale
With the recent purchase of an additional 125,000 shares, Prime Resources Group (VSE) now owns 1.04 million shares of Avondale (VSE), or about 16.56% of Avondale’s issued and outstanding shares. Prime…
News in brief First Manhattan Resources Corp.
First Manhattan Resources Corp. (FMZ:VSE) has changed its name to Napier International Technologies Inc. on a 3-new-for-2- old-share basis. A reverse takeover is in progress. Pacific Corporate Service…
People LAC MINERALS LTD.
Mitchell Graye appointed senior vice- president and chief executive officer of LAC Minerals and vice- president, chief financial officer and treasurer of LAC’s subsidiary Bond International Gold, Inc….
Drilling to start on Irish Gulch
A drilling program is set to begin shortly on the Irish Gulch property, 60 km east of Helena, Mont. The property is a joint venture between Goldpac Investments (VSE) and Bethlehem Resources (TSE). The…
OBITUARIES (July 23, 1990)
George Neumann died recently at his residence in Arnprior, Ont. He was 74. In 1940, Neumann graduated from Queens University with a 0000,0600 B.Sc. degree in metallurgical engineering. After a stint i…
General News & Comment Falconbridge names officer for
Nickel- copper producer Falconbridge Ltd. has made a move to tackle head on the biggest issue of the 1990s, the environment. Perhaps best known for its Sudbury, Ont.-based nickel mining operations, Fa…
The Mining Association of Canada “A Guide for Environmental
With the adoption of an environmental policy in 1989, Canada’s mining industry made a commitment to maintain a high standard of environmental protection. The policy consists of six principles which me…