1996


EDITORIAL PAGE — The best of a bad situation

It is disheartening that the New World gold-copper project has been permanently sidelined by an agreement that will see the mine’s owner, Crown Butte Resources, swap the Montana project for federal la…


Patrician alliance with JCI ends

The “strategic alliance” of Patrician Gold Mines (PXX-A) and South African mining house JCI Ltd. has dissolved.As a result, the Canadian junior is required to repurchase 2 million of its own special w…




Canada proposes tax changes for ammonite producers

The federal government of Canada has announced proposed changes to the income-tax treatment of producers of ammonite gemstones.The changes, which were proposed by Natural Resources Minister Anne McCle…


Drilling on Portuguese property begins

The Grandola joint venture has initiated drilling on the first of four planned holes in a program aimed at testing the central axis of the 3,000-metre-long Porto de Mel gravity anomaly on the Grandola…



CIM luncheon will shed light on Cameco

The Canadian Institute of Mining, Metallurgy & Petroleum (CIM) resumes its speakers’ luncheons on Sept. 19, when the guest of honor will be Bernard Michel, chairman, president and chief executive offi…





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