PEOPLE — EAST-WEST RESOURCES
Robert Middleton appointed president and director; James Tutton appointed director.
1992
STOCK MARKETS — Metal prices in decline, Dia Met trades on
Gold stocks were unable to maintain their post-election rally during the week ended Nov. 10 as bullion slid to a 6-year low of US$330.25 per oz. in New York. Having recently touched a new 52-week high…
COMMENTARY — Split over new Ontario labor law
Changes to Ontario’s Labour Relations Act reflect the realities of the workplace and the economy, Labour Minister Bob Mackenzie said after the controversial legislation received final approval recentl…
PEOPLE — COLBY RESOURCES
Robert Middleton appointed president and director; Roger Caven and Gerry Runolfson appointed directors.
KWG, SouthernEra update diamond strategies
Representatives of KWG Resources (ME) and SouthernEra Resources (TSE) outlined their companies’ different diamond exploration strategies at a recent meeting of the Toronto Society of Financial Analyst…
NEWS IN BRIEF (November 16, 1992)
Anacondo Explorations Inc. (AAX:VSE) has changed its name to O-Tech Ventures Corp. (OTV:VSE) with no consolidation of capital.
Saskatchewan’s NDP reverses uranium policy
The government of Saskatchewan has given the green light to uranium mining. That was the important news to have come out of the provincial New Democratic Party’s fractious convention staged recently a…
Minnova and Kerr plan Troilus study
A $4.2-million feasibility study on the Troilus gold deposit (formerly the Frotet project) has been announced by the property’s joint owners, Minnova (TSE) and Kerr Addison (TSE). The study is expecte…
Equisure samples Timmins property
A recently completed trenching and sampling program on Equisure Financial Network’s (TSE) Godfrey-Turnbull Twp. gold property near Timmins, Ont., has yielded encouraging results. A total of 300 ft. of…
NEWS ROUNDUP — Deak exercises Astoria option
Toronto-based Deak Resources (TSE) has exercised its option to acquire Yorbeau Resources’ (TSE) Astoria gold mine and adjoining property near Rouyn-Noranda, Que. Deak has applied for the necessary reg…
ON THE LEVEL — NDP killing mining
With exploration expenditures way down, mining in Canada is withering and dying, yet Canadian mining companies are doing quite well. Unfortunately, this is occurring in other lands where they are welc…
Drill rigs to test Kirkland pipes
While the logistics of diamond exploration in the Northwest Territories become more challenging with each passing day, some companies are mobilizing drill rigs to the relatively balmy climes of northe…