EDITORIAL PAGE Poison of protectionism
It will take strong leadership to tackle the vested interests — in all countries — that want protection from competition. Yet we know from experience that the poison of protectionism could aggravate…
1991
Newfoundland doubles tax on claims
Newfoundland has doubled its tax on mineral holdings to encourage exploration on land not being worked. Beginning this month, the province is charging groundholders an impost of $6 per hectare, up fro…
METAL PRICES FUTURES PRICES (January 21, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan 112.10 108.50 108.65 –7.05 Feb 111.00 108.70 108.75 –6.80 Mar 110.20 107.50 107.70 –6.70 SILVER (in US cen…
South Dakota mining firms wait for impact study results
An initiative designed to limit exploration in South Dakota’s scenic Black Hills region was defeated in recent state elections by a narrow margin of 52% to 48%. But it appears that the battle between …
Canadian Mining Hall of Fame RALPH DOUGLAS PARKER, 1898-1983
As superintendent of mines at Inco’s Sudbury operations beginning in 1931, Ralph Douglas Parker embarked upon a long-range plan that over the years brought the nickel producer into the forefront of th…
Valuation methods to be outlined at CIM symposium
Valuation of mineral deposits and companies will be the subject of the Canadian Insitute of Mining, Metallurgy and Petroleum’s sixth mineral economics symposium Jan. 17 at Toronto’s Sheraton Centre. S…
Canadian Mining Hall of Fame – Inductee JOHN C. MacISAAC, 1906-1991
Minefinders get the glory, but the minebuilders get the ore. For 65 years, while others discovered and financed the deposits, John C. MacIsaac applied his energies to breaking the first rock, sinking …
EDITORIAL PAGE Hall of Fame needs to look ahead
With three annual banquets organized and 28 members inducted to date, the Canadian Mining Hall of Fame has built a solid foundation for future growth. The question is, will it have the financial resou…
COATS (over-the-counter) OSC sheds COATS
The market is in such bad shape that it doesn’t matter who’s running it, remarked one over-the- counter broker when asked to comment on the TSE’s recent decision to take over COATS. It remains to be s…
Sutton planning to acquire Romanex
An agreement-in-principle has been reached between Sutton Resources (VSE) and the owner of Romanex International for the acquisition of the latter company. If completed, the deal will result in Sutton…
Vancouver Stock Exchange Asiatel benefits from Link option
The Vancouver market indices remained relatively quiet during the report period ended Jan. 8, with little news to help spur activity. The composite index remained virtually unchanged at the 627-level …
TSE 300 to list Bema Gold, drop Canamax and Belmoral
Having recently completed an annual review of trading activity on the composite 300 index, The Toronto Stock Exchange is dropping six mining issues from the index and adding one. To disappear from the…