WAMIC plans fiesta day
The Women’s Association of the Mining Industry of Canada (WAMIC) will present its “South of the Border Fiesta” at Sheehan’s farm at Caledon East (northeast of Toronto) on Sept. 7 between 11 a.m. and 6…
1991
BP,Lysander to resume drilling on Cat property
A work program operated by BP Resources Canada (TSE) will begin next month to test a sulphide system with associated copper, gold and arsenic defined on the Cat property last year. The property is nor…
Mining executives among top earners
A list of Canada’s best paid corporate executives in 1990 would include Chairman Donald Phillips of Inco (TSE) and President Anthony Petrina of Placer Dome (TSE). Information on executive salaries is …
Hecla revises CoCa merger
A merger agreement between Hecla Mining (NYSE) and CoCa Mines (NASDAQ) has been amended in order to establish the number of Hecla common shares to be issued in Hecla’s acquisition of CoCa. The number …
Highland Valley wins safety award
The Highland Valley Copper mine, southwest of Kamloops, B.C., has been recognized for maintaining the highest standard of job safety in a British Columbia mine during 1990. The award was presented by …
Montreal Exchange VSM is active
Active trading marked the week ended April 9, with daily volumes ranging between 4.5 million and 7.6 million shares. The market portfolio was off by almost 9 points on the week, with the mining and mi…
Euros, Thios come up with Rock & Roll reserve figure
A preliminary reserve estimate was released by Eurus Resource (VSE) and Thios Resources (VSE) for their joint venture Rock & Roll property in the Iskut River region of northwestern British Columbia. T…
Arimetco strikes deal to sell copper production to Billiton
Shares of Tucson-based Arimetco International (TSE) recently rose 25 cents to $3.35 after the company entered into a 5-year copper sales agreement with New York metals trader Billiton Metals. Under te…
Covenant to merge with El Condor
An agreement in principle was reached between El Condor Resources (VSE) and Covenant Resources (VSE) for the merger of the two companies. The new company will issue one new share for each El Condor an…
Recent surge in nickel price forecast to continue for 1991
The shares of nickel producers have strengthened in recent weeks in reaction to a sudden jump in the nickel price, and some analysts are calling for further price increases by year-end. Major producer…
EDITORIAL Reactivating exploration in Quebec
When Quebec’s new budget is tabled this spring, there could be some good news for the province’s junior mining companies. Recent meetings between the Quebec Prospectors Association and provincial civi…
NEWS IN BRIEF Billikin Resources Ltd.
Billikin Resources Ltd. (BIL:VSE) has changed its name to Cora Resources Ltd. with a consolidation of capital on a 1-new-for-4-old share basis. The transfer agent is Montreal Trust.