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Lac Minerals
LAC Minerals was a Canadian mining company established in 1981 with extensive mineral holdings in North America and South America. They specialized in mining precious metals, but also had copper and lead-zinc mines. In 1994 they were purchased by Barrick Gold Corporation. Corporate history Originally incorporated in Quebec in 1981 as Long Lac Minerals Ltd., the company's name was changed to LAC Minerals Ltd. the following year when it acquired Les Terrains Aurifères Malartic (Québec) Ltée, Les Mines-Est Malartic Ltée, and Willroy Mines Ltd. In 1985, LAC Minerals Ltd. acquired Lake Shore Mines Limited, Little Long Lac Gold Mines Limited, and Wright-Hargreaves Mines Limited. In 1992, the company changed its name to Lac Minerals Ltd.. In 1994, Royal Oak Mines attempted a hostile takeover of the company, but a more attractive bid was made by Barrick Gold, and Lac Minerals was acquired by AB Acquisition Inc., which was a wholly owned subsidiary of American Barrick Resources Corpo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barrick Gold
Barrick Gold Corporation is a mining company that produces gold and copper with 16 operating sites in 13 countries. It is headquartered in Toronto, Ontario, Canada. It has mining operations in Argentina, Canada, Chile, Côte d'Ivoire, Democratic Republic of the Congo, Dominican Republic, Mali, Papua New Guinea, Saudi Arabia, Tanzania, the United States and Zambia. In 2019, it produced 5.5 million ounces of gold at all-in sustaining costs of $894/ounce and 432 million pounds of copper at all-in sustaining costs of $2.52/pound. the company had 71 million ounces of proven and probable gold reserves. Barrick has met or beaten market consensus on its financial and operating results for eleven consecutive quarters as of Q3 2021. Barrick had been the world's largest gold mining company until Newmont Corporation acquired Goldcorp in 2019. Barrick expects to produce between 4.6 and five million ounces of gold and between 440 and 500 million pounds of copper in 2020. Chief executive Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Oak Mines
Royal Oak Mines Incorporated was a gold mining company, founded in 1990 by Margaret "Peggy" Witte (now known as Margaret Kent) in Kirkland, Washington. The company held numerous gold and base metal properties in Canada, including the Giant Mine in the Northwest Territories, Pamour Mine in Ontario, Hope Brook Mine in Newfoundland, Colomac Mine in the Northwest Territories, and the Kemess Mine in British Columbia. The company also had significant interests in minerals in China through Asia Materials (44% share) and Highwood Resources (39% share). The company reported nearly US$600 million in assets, and loss of $4.4 million on revenues of US$187 million for fiscal 1996. Its Hopebrook and Colomac mines were closed in 1997. Low gold prices of 1997-1998 caused Royal Oak to go bankrupt in April 1999, and its mining assets were liquidated. Labour dispute Royal Oak Mines' operations at the Giant Mine in Yellowknife became infamous in Canada during the 1990s as the site of a protrac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lac Minerals Ltd
Lac is the resinous secretion of a number of species of lac insects, of which the most commonly cultivated is ''Kerria lacca''. Cultivation begins when a farmer gets a stick that contains eggs ready to hatch and ties it to the tree to be infested. Thousands of lac insects colonize the branches of the host trees and secrete the resinous pigment. The coated branches of the host trees are cut and harvested as sticklac. The harvested sticklac is crushed and sieved to remove impurities. The sieved material is then repeatedly washed to remove insect parts and other material. The resulting product is known as seedlac. The prefix ''seed'' refers to its pellet shape. Seedlac, which still contains 3–5% impurity, is processed into shellac by heat treatment or solvent extraction. The leading producer of lac is Jharkhand, followed by the Chhattisgarh, West Bengal, and Maharashtra states of India. Lac production is also found in Bangladesh, Myanmar, Thailand, Laos, Vietnam, parts of C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supreme Court Of Canada
The Supreme Court of Canada (SCC; french: Cour suprême du Canada, CSC) is the Supreme court, highest court in the Court system of Canada, judicial system of Canada. It comprises List of Justices of the Supreme Court of Canada, nine justices, whose decisions are the ultimate application of Canadian law, and grants permission to between 40 and 75 litigants each year to appeal decisions rendered by provincial, territorial and federal Appeal, appellate courts. The Supreme Court is bijural, hearing cases from two major legal traditions (common law and Civil law (legal system), civil law) and bilingual, hearing cases in both Official bilingualism in Canada, official languages of Canada (English language, English and French language, French). The effects of any judicial decision on the common law, on the interpretation of statutes, or on any other application of law, can, in effect, be nullified by legislation, unless the particular decision of the court in question involves applicatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Torys LLP
Torys LLP is a Canadian international corporate law firm with offices in Toronto, Calgary, New York, Montreal and Halifax. The firm acts for a wide range of commercial clients and financial institutions in Canada, the United States, and globally. History The firm was founded in 1941 by Toronto business lawyer John Stewart Donald Tory. In the 1960s the firm was renamed Tory Tory DesLauriers & Binnington. In 2000, it merged with New York law firm Haythe & Curley and was briefly known as Tory Haythe before being rebranded to Torys LLP. Torys became a national firm with the opening of a Calgary office in 2011 and a Montreal office in 2013. The firm is one of the Seven Sisters, a group of seven prominent Canadian business law firms. Notable lawyers and alumni * John Tory, 65th and current Mayor of Toronto, former leader of the Progressive Conservative Party of Ontario, grandson of founder John S. D. Tory * Robert Prichard, current Chairman of the Bank of Montreal * Anita Anand, M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ontario Supreme Court
The Supreme Court of Ontario was a superior court of the Canadian province of Ontario. Created in 1881 pursuant to the Ontario Judicature Act (1881), the Supreme Court of Ontario had two branches: the High Court of Justice Division and the Appellate Division. The Supreme Court of Ontario was a Section 96 court with inherent jurisdiction. The Appellate Division was later transformed into the Court of Appeal for Ontario. In 1989 the Courts of Justice Amendment Act, 1989 was enacted by the Government to create one large superior trial court for Ontario. This Act came into force in 1990 and resulted in the merger of the Supreme Court (or High Court), the District Court and the Surrogate Court into the Ontario Court of Justice (General Division). The Ontario Court (General Division) was later replaced by the Ontario Superior Court of Justice. The court once sat at 145 Queen Street West in Toronto, now site of Four Seasons Centre The Four Seasons Centre for the Performing Arts ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ortiz Mountains
The Ortiz Mountains are a mountain range in northern New Mexico, United States, in Santa Fe County, northeast of the Sandia Mountains and due north of the San Pedro Mountains. The Ortiz include Placer Peak, the highest peak in the range at 8,858 feet, Lone Mountain at 7,310 feet, Cedar Mountain at 7,041 feet, Cerro Chato at 6,965 feet, and the foothills known as the Los Lomas de la Bolsa. Geology The Ortiz Mountains are on the east side of the Rio Grande Rift, with the Santa Domingo Basin and Hagan Basin of the rift to their west, with the Sandia uplift to the southwest, and the Espanola Basin and the Estancia Basin to the east. They form part of the watershed boundary between the Rio Grande and the Pecos River. The Ortiz Mountains are part of the larger Ortiz porphyry belt of Santa Fe County, and consist of late Eocene to early Oligocene intrusive igneous rocks and their sedimentary host rock. Other members of the Ortiz porphyry belt are South Mountain, the San Pedro Mounta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heap Leaching
Heap leaching is an industrial mining process used to extract precious metals, copper, uranium, and other compounds from ore using a series of chemical reactions that absorb specific minerals and re-separate them after their division from other earth materials. Similar to in situ mining, heap leach mining differs in that it places ore on a liner, then adds the chemicals via drip systems to the ore, whereas ''in situ'' mining lacks these liners and pulls pregnant solution up to obtain the minerals. Heap leaching is widely used in modern large-scale mining operations as it produces the desired concentrates at a lower cost compared to conventional processing methods such as flotation, agitation, and vat leaching. Additionally, dump leaching is an essential part of most copper mining operations and determines the quality grade of the produced material along with other factors Due to the profitability that the dump leaching has on the mining process, i.e. it can contribute substanti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ortiz Mountain Educational Preserve
The Ortiz Mountains are a mountain range in northern New Mexico, United States, in Santa Fe County, northeast of the Sandia Mountains and due north of the San Pedro Mountains. The Ortiz include Placer Peak, the highest peak in the range at 8,858 feet, Lone Mountain at 7,310 feet, Cedar Mountain at 7,041 feet, Cerro Chato at 6,965 feet, and the foothills known as the Los Lomas de la Bolsa. Geology The Ortiz Mountains are on the east side of the Rio Grande Rift, with the Santa Domingo Basin and Hagan Basin of the rift to their west, with the Sandia uplift to the southwest, and the Espanola Basin and the Estancia Basin to the east. They form part of the watershed boundary between the Rio Grande and the Pecos River. The Ortiz Mountains are part of the larger Ortiz porphyry belt of Santa Fe County, and consist of late Eocene to early Oligocene intrusive igneous rocks and their sedimentary host rock. Other members of the Ortiz porphyry belt are South Mountain, the San Pedro Mountains ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Formerly Listed On The Toronto Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Silver Mining Companies Of Canada
Silver is a chemical element with the Symbol (chemistry), symbol Ag (from the Latin ', derived from the Proto-Indo-European wikt:Reconstruction:Proto-Indo-European/h₂erǵ-, ''h₂erǵ'': "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc Refining (metallurgy), refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes bimetallism, alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
