PEOPLE CYPRUS MINERALS CO.
Calvin Campbell appointed non-employee chairman; Chester Stone appointed president and chief executive officer.
Articles by Northern Miner Staff
Thunderwood sends 2 rigs to Scott Lake
Partners Thunderwood Resources (TSE) and Greenstone Resources (TSE) will resume the search for an economic massive sulphide deposit on their Scott Lake joint venture when drilling begins at the Chibou…
PEOPLE ANGLO CANADIAN MINING CORP.
Robert Kemeny resigned as a director.
Rio taking control of South Kemess project
An agreement has been reached between St. Philips Resources (VSE) and Rio Algom (TSE). It gives Rio the option to purchase up to 3.8 million treasury shares of St. Philips plus 1.2 million shares (exi…
NEWS IN BRIEF United Coin Mines
Toronto-based United Coin Mines (TSE) recently borrowed $3.2 million from investment banker DCC Equities for a term of one year. The loan bears interest at prime plus 2%. Incidental to the loan, DCC r…
NEWS IN BRIEF Consolidated Parklane Resources Inc.
Consolidated Parklane Resources Inc. (PK:VSE) has changed its transfer agent to Pacific Corporate Trust Co.
Galico options Cominco claims
A program of diamond drilling and geophysical surveying is being planned by Galico Resources (VSE) for the Metla property 15 miles northwest of the Golden Bear gold mine in northwestern British Columb…
Toronto Stock Exchange Inco reaches high as investors bet on
The upward trend in share prices continued during the week ended April 2 as interest rates dropped to 10.75% and investors placed their bets on an early end to the economic recession. While Januarys 1…
LETTERS TO THE EDITOR Concerned about Bill of Rights
Our association certainly agrees that the environment is important. Our members and their families are also part of the environment. In fact, our members are much more aware of the environment than th…
Copper Council holds seminar
The American Copper Council (ACC), based in New York City, is offering a foreign trade seminar for executives involved with the copper industry at its June meeting in Quebec City. The 2-day seminar wi…
Rouyn Mining’s loss due to reducing Francoeur’s value
A writeoff of $4.3 million was declared by Rouyn Mining Resources (TSE), which for 1990 reported a loss of more than $4.9 million (42 cents per share). The company said the writeoff reduces the book v…
What’s New in Exploration: Navigational Accuracy
A navigatonal and positioning device of considerable accuracy has been developed by Telefix Canada of Richmond Hill, Ont. Known as the Magellan GPS 1000, the unit can determine latitude, longitude and…