Kingswood takes options on gold prospect
Kingswood Explorations (ASE) has acquired an option to earn a 100% interest in a gold property straddling Bryce, Truac and Robillard twps., 5.5 km north of Heather Lake, Ont. Based on recommendations…
Articles by Northern Miner Staff
Moving up the environmental spectrum
Endorsing the concept of sustainable development implies that a company will make a commitment to “develop management skills to a level comparable with those we use in economic management,” says the G…
Sale of Chilean deposits extended
Potential buyers will have until the middle of June to make offers for certain Chilean gold properties held by Cominco Resources International (TSE) and a joint venture partner. The partners are join…
Smelter problems for Falconbridge
Production problems were recently experienced by Falconbridge at the company’s Sudbury smelter. The nickel producer, owned 50-50 by Noranda Inc. and Trelleborg AB, said the smelter’s number one furn…
Kennecott, NovaGold form joint venture on Sewell Brook
Kennecott Canada, the recently revived exploration arm of Kennecott, is planning to make a substantial investment in the Plaster Rock area of New Brunswick. As part of a recent agreement, Kennecott w…
Denison to sell Zemex interest
An agreement to sell its 33.9% interest in Zemex Corp., a producer of industrial minerals and mineral powders in the U.S., for US$8.6 million has been entered into by Denison Mines (TSE). In addition…
NO HEADLINE (May 27, 1991)
TEXT: GOLD FUNDS…
Mimiska plans work program
An electromagnetic survey undertaken at the Pusticamica property in Mountain Twp. in northwestern Quebec identified three strong bedrock conductors, Societe Miniere Mimiska (ME) reported. The company …
NEWS IN BRIEF Teeshin Resources Ltd.
Teeshin Resources Ltd. (TEE:VSE) has changed its name to Habsberg Resources Inc. (HAB:VSE) with a consolidation of capital on a 1-new-for-8-old-share basis. The transfer agent is Central Guaranty Trus…
GOLD FUNDS (May 27, 1991)
BGR Central Net Value $8.74 $5.08 Price $7.25 $4.700 Discount 17.05% 7.5% Value $52,020,731 $79,074,210…
Granges to spend $6 million on exploration during 1991
Exploration efforts by Granges (TSE) in the coming year will be focused on the Flin Flon area of northern Manitoba, President Colin Kaiser told shareholders at the company’s recent annual meeting. The…
N.B. Mining Week
The New Brunswick Mining Association will celebrate its third annual Mining Week from May 27 to June 1. Theme for 1991 is “the importance of minerals in the everyday life of the people of New Brunswic…