Pioneer settles with Pegasus
A settlement was reached between Pegasus Gold (TSE) and Pioneer Metals (TSE) which, if concluded, will eliminate all debts owed to Pegasus as well as all outstanding legal disputes between the two com…
Articles by Northern Miner Staff
Cyprus Gold options Tully Twp gold bets
Cyprus Gold Canada, a unit of Colorado-based Cyprus Minerals (NYSE), has optioned a parcel of promising gold claims in Tully Twp., Ont., about 25 miles north of Timmins, Ont. The first deal gives Cypr…
IOCC GOLD OPTIONS (December 24, 1990)
Options Open Series Volume Last Interest Feb. 380 C 110 11.50 890 Feb. 390 C 125 9.40 1,308 Feb. 400 C 192 5.50 1,834 Feb. 410 C 56 3.80 1,433 Feb. 420 C 181 2.70 2,411 May 380 C 50 2.70 283 Aug. 430 …
Memorial awards for engineering studies
Scholarships and an award program, established in memory of the women students slain at Ecole Polytechnique last year, are available for application. Two scholarships, worth $5,000 each, will be award…
Ontario court awards Brookbank gold bet to Ontex
Toronto-based Ontex Resources (ASE) has emerged as the winner in a bitter legal dispute with Metalore Resources (TSE) and George Chilian over control of the Brookbank gold property in northern Ontario…
Stepout drilling returns wide copper-gold values at Kemess
A 17-hole drill program on the South Kemess property in the Toodoggone district of British Columbia continues to return wide intersections of copper- gold mineralization. El Condor Resources (VSE) and…
Spot prices at a glance (December 24, 1990)
Week’s Price (US) Change Gold* $376.80 + $4.90 Silver* $3.97 — $0.09 Platinum*$416.00 — $7.60 Nickel** $3.76 + $0.09 Lead** $0.28 — $0.02 Copper- $1.12 — $0.01 Zinc– $0.57 — $0.03 Courtesy of Sc…
Glamis on target for 60,000 ounces
The first quarter of fiscal 1991 puts Glamis Gold (TSE) firmly on track to match a production target of 60,000 oz. of gold for the year. Glamis produced 11,805 oz. of gold from its Picacho and Yellow …
Lassonde to speak at Toronto meeting
The Toronto Geological Discussion Group will host a dinner meeting at Toronto’s Albany Club, Jan. 18. Guest speaker Pierre Lassonde, president of Franco-Nevada Mining and Euro-Nevada Mining, will rela…
Noranda, Freewest continue drilling
The latest drilling results from the Lightning gold zone in northeastern Ontario of Noranda (TSE) and Freewest Resources (TSE) continue to enhance the project’s potential. The Lightning zone is situat…
Total may sell Tundra gold stake
A 49% interest in the Tundra gold project in the Northwest Territories is one of many mineral projects being unofficially put on the block by the parent company of Total Energold (TSE). Total Resource…
U.S. REPORT Amax earnings edge up
A jump in gold production helped Amax Gold (NYSE) report an increase in third- quarter earnings to US$10.6 million from US$10.1 million in the same quarter of 1989. Revenue for the three months ended …