Letters to the Editor Faulty memory?
It is extremely rare that I bother to write on the accuracy of articles in a paper, but in your May 30 edition you carry a story on your editorial page by Franc Joubin that, if he is going to publish …
News
Bruneau-Canamax deal
A private placement has been entered into by Bruneau Mining (ME) with its major shareholder, Canamax Resources (TSE), whereby Canamax will acquire 1.5 million treasury shares of Bruneau at 30 cents e…
Gold Vessel offering
A preliminary prospectus has been filed across Canada by Gold Vessel Resources (ASE) relating to the issuance of a maximum of 50,000 units (worth up to $50 million), each unit comprising one partnersh…
Gold not a mere metal
Like it or not, we cannot describe gold merely in terms of its physical and chemical properties, production statistics, or its market value. Like oil, so aptly called “black gold,” but exerting a far …
Golden Shield loss lower in quarter
Golden Shield Resources (TSE) reports a loss for the three months ended March 31 of $169,045 (1 cents per share) compared with a loss of $130,874 (2 cents a share) for the same period last year. Cas…
PRODUCER PRICES (June 13, 1988)
ALUMINUM: MW U.S. Market $1.19-$1.23 per lb. (May 26, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.55-$5.70 per lb. (May 12, 1988). CADMIUM: New Yor…
Haileybury speaker
Haileybury School of Mines held its graduation recently and the convocation speaker for the event was James S. Redpath, founder and chairman of the J. S. Redpath group of companies. In 1962, Redpath …
Pegasus, CoCa merger ends in disagreement
A proposed merger between Pegasus Gold (TSE) and CoCa Mines (NASDAQ) has collapsed because the “two companies were unable to agree on certain provisions relating to management of the merged company,” …
Metall attempts to shed `holding company’ image
When Placer Dome Inc. (TSE) announced recently that it was selling a 25% stake in Falconbridge Ltd. (TSE), one of the most likely buyers appeared to be Metall Mining(TSE). The newly created mining win…
Overton to amalgamate with Newfoundland Exp.
Toronto-based Overton Energy and Resources has agreed in principle to amalgamate with private company called Newfoundland Exploration, Overton said recently. “Newexco’s” principle asset is the Handcam…
NO HEADLINE (June 13, 1988)
TEXT: Houston Metals Corp. (VSE) has signed an exploration agreement with 1988 Tap-IV Resource Ltd. Partnership to subscribe for 602,410 flow-through shares to be issued by Houston at 83 cents per sh…
Granges contemplating merger
Merger talks between Granges Exploration (TSE) and Hycroft Resources & Development (VSE) have been expanded to include Goldbelt Mines (VSE). The proposed merger is subject to fairness opinions from in…