News

Thomas Sawyer appointed director.

Gerard Drummond elected chief executive officer and William Glasgow elected president.

Gordon Dixon appointed director.

A wealth of geological knowledge is stored across the province in eight Ontario government drill core libraries. The facilities are much like regular libraries, but instead of books, they contain diam…

Les Taylor, Peter Merry and Val Partridge elected directors.

A private placement of two million special warrants has been completed by Tiomin Resources (ME). Upon clearance of a final prospectus, the two million special warrants will be exchanged for two millio…

If the economic recovery does not gather more momentum in 1993, it appears unlikely that base metal prices will show much improvement over their depressed 1992 levels. After sharp drops in October and…

Drilling is expected to resume on the Huckleberry porphyry copper property near Kemano, B.C., this month. The drilling will complete the planned 1992 program which was recently suspended because of he…

A planned private placement of 770,000 shares at 65 cents each will give Teck (TSE) an initial 15.5% holding in Northern Crown Mines (VSE). The placement includes warrants to purchase an additional 95…

Calgary-based Flag Resources (1985) (ASE) says it is proceeding with litigation against RBC Dominion Securities Inc. and M.D. Management Ltd. over the trading of its shares early in December.

Although a number of companies did manage to bring new mining projects in the U.S. into operation during the year, numerous others continue to face delays in receiving environmental permits. Atlas (NY…

A director of Aber Resources (TSE) was a seller recently of some of the company’s shares. According to the Ontario Securities Commission’s OSC Bulletin, on Nov. 13, the day after the Aber-Commonwealth…