NEWS IN BRIEF (April 20, 1992)
HLX Resources Ltd. (HL:VSE) has changed its name to Emperor Gold Corp. (EMR:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis.
News
Dowa to joint venture Tizapa project
Dowa Mining is set to develop its first commercial mining project outside Japan after a $32 million bid for the Tizapa polymetallic project in Mexico was accepted by the Mexican government. A world le…
Ontario Hydro tries to soothe major power consumers’ fears
Ontario Hydro and the provincial government recently tried to persuade business representatives that plans to ensure a reliable electricity supply over the next decade are going to work. However, some…
Falconbridge plans May production at Lindsley project
Commencement of production at the Thayer Lindsley project north of Sudbury, Ont., is planned for May by Falconbridge. Ore at the Blezard Twp. project consists mainly of copper and precious metals. The…
TORONTO STOCK EXCHANGE INDICES (April 20, 1992)
Composite”300″ 3412.64 3389.83 3376.64 3349.03 3318.10 4009.47 3009.91 Metals&Minerals2928.66 2945.76 2879.15 2864.47 2828.26 3453.06 2502.63 Integrated Mines 3101.03 3123.91 3044.40 3029.95 2986.76 3…
LETTERS TO THE EDITOR (April 20, 1992)
Canada possesses a vast mineral wealth; unfortunately, only a small percentage of this total wealth will ever be realized under the current mining framework. Among other factors, this situation is due…
Correction (April 20, 1992)
A letter to the editor, “Cooling trend is on its way” (T.N.M., Mar. 30/92) contained an incorrect address. The letter writer, Jack Sauers, resides in Seattle, Wash.
Precious metal potential of Suriname to be tested
Rapidly joining the ranks of South American countries trying to attract exploration and development dollars is Suriname. The country is squeezed between Guyana on the west and French Guiana on the eas…
Focus on Caribbean and Latin America
The major goal of the Canadian Council for the Americas (CCA) is to further expand the Canadian business communitys activities in Latin American and Caribbean countries. CCA, a non-profit organization…
EDITORIAL PAGE (April 13, 1992)
It’s stunning to see how easily Ontario Premier Bob Rae can so completely ignore in the speech from the throne what he had so fervently supported just days earlier. In late March a grassroots campaign…
B.C. budget adds to coal producers’ heavy tax burden
Low coal prices and a relatively high Canadian dollar have helped push British Columbia’s coal industry to the brink. The various taxes and charges facing the industry are seen as primary targets for …
Inco options Schell Ranch
An exploration joint venture recently formed by a unit of Inco (TSE) and a unit of Colony Pacific Explorations (TSE) provides for further exploration of the Schell Ranch massive sulphide project in Ca…