UP WITH AATTA!
MEND, OMEP, CORE, MDA, OMA, MABC, MNDM, GAC, MAC, FLIP, SLIP, BLIP, HIP. Enough! Enough! No more acronyms. Or if there must be acronyms, outlaw tongue-twisters like MNDM or MABC. MEND slips easily off…
News
TSE Short Positions (March 01, 1993)
Semi-monthly reports as of Feb. 15, showed 50,901,585 shares of 622 issues compared with 51,188,527 shares of 567 issues on Jan. 31. Larger individual positions included: Amax Inc. 35,889, up 35,889; …
Waterland leaving Mining Association
Effective March 1, Gary Livingstone will become president and chief executive officer of the Mining Association of British Columbia, replacing Tom Waterland who resigned to pursue a new career. Living…
Teck to cancel Montgay option
Following a small drilling program on the Montgay property about 55 km northeast of Val d’Or, Que., Teck (TSE) indicated its intention to terminate the option, William Resources (ME) reports. Previous…
Virginia funding
Virginia Gold Mines (ME) says it has completed two private placements worth a total of $326,000 with Marleau Lemire Securities Inc. ($150,000) and eight officers of Virginia ($176,000). The placements…
Musto named in court action
A shareholder of International Musto Explorations (TSE) is alleging that the company and Adolf Lundin were party to a number of securities transactions that are alleged to have conveyed undue benefit …
Ontario to close Cobalt laboratory
Ontario’s Ministry of Northern Development and Mines will place its Temiskaming Testing Laboratory in Cobalt on a care-and-maintenance basis effective Sept. 1. Demand for the lab’s service has dropped…
Stratabound buys zinc properties
Early-stage exploration programs are being planned by Stratabound Minerals (ASE) for two newly acquired base metal properties in the Aiken Lake area of northeastern British Columbia. The company purch…
PDAC sets convention agenda
The agenda of this year’s annual convention of the Prospectors and Developers Association of Canada (PDAC), scheduled for March 28-31 in Toronto, will have an international flavor. Theme of the show a…
NEWS IN BRIEF (March 01, 1993)
Pluton Industries Ltd. (PTN:VSE) has changed its name to Clairon Environmental Technologies Inc. with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Montreal Trust….
Call for papers (March 01, 1993)
An international conference on mining in Latin America will be held in Santiago, Chile, May 10-14, 1994, by The Institution of Mining and Metallurgy (IMM), with the Instituto de Ingenieros de Minas de…
OBITUARY — Heinz Veerman
Heinz Veerman, a well-known prospector-geologist died Feb. 16, at his home in West Vancouver. He was 61. Veerman was a principal of Veerman Botel, a Vancouver-based consulting firm. Prior to that, he …