FINANCING (May 13, 1991)
Gagan Gold Corp. — 600,000 shares offered @ 50 cents per share. Idaho Consolidated Metals Corp. — 750,000 units consisting of 1 sh & 1 wt offered @ 55 cents per unit. Golden Ring Resources Inc. –…
Articles by Northern Miner Staff
FUTURES PRICES (May 13, 1991)
N.Y. Commodity Exchange High Low Close Week’s Change COPPER (HG) (in US cents per lb.) May 103.70 102.70 102.90 — 3.00 Jun 102.70 102.70 102.70 — 3.00 Jul …
PEOPLE COASTLINE RESOURCES
Brian Mountford, William Walls and William Alderton elected directors.
PDAC Perspectives How the OGS can serve its Toronto clientele
In July, 1986, the Ministry of Northern Development and Mines (MNDM) announced its decision to relocate from Toronto to Sudbury. Industry sources immediately expressed concern as to how this would aff…
PEOPLE SIMPLON RESOURCES
Jack Day appointed interim president succeeding A. Ying who resigned; Sheena Wilson appointed secretary and director.
NEWS IN BRIEF Brican Resources
Brican Resources Ltd. (BRI:VSE) has changed its name to International Brican Resources Ltd. (IBR:VSE) with a consolidation of capital of one new share for three old shares. The transfer agent is Montr…
Sherritt searches for nickel feed
Finding feedstock for its nickel refinery in Fort Saskatchewan, Alta., remains a priority for Sherritt Gordon (TSE), President Ian Delaney recently told a meeting of financial analysts in Toronto. Boo…
U.S. REPORT Silver tarnishes Nerco earnings
Operating income from Nerco’s (NYSE) mineral segment reached US$1.3 million in the 1991 first quarter, down from US$2.9 million for the same three months in 1990. The company said the decrease in ear…
Majors dominate Yukon exploration
Although the mineral exploration season in the Yukon looks slower than the industry would like, some significant projects are in the works this year. The biggest thing we’re going to see is exploratio…
Alberta Stock Exchange Carlin in option deal
Recently entering into a joint venture agreement for the exploration and development of gold property in Oregon was Carlin Gold, which gained a penny to 35 cents on 22,000 shares for the week ended Ma…
Corona seeks share consolidation
Shareholders of Corona (TSE) will be asked to approve a proposed 1-for-2 consolidation of the company’s subordinate voting shares and common shares and a change in name to International Corona Resourc…
Smelter proposal based on custom facility on tidewater
Several small copper smelters operated in British Columbia during the early part of this century, but each died with the exhaustion of reserves of the nearby mines. During the growth of the province’s…