Gold Standard wins Mercur case round
Utah-based company Gold Standard (NASDAQ) recently won what it regards as a significant ruling in its attempt to win control of the Mercur mine from American Barrick Resources (TSE). The Utah Supreme …
Articles by Northern Miner Staff
News in brief (October 08, 1990)
The department of geology at the University of Toronto is hosting its 1990-91 department seminars from September to March. Among the speakers are Jim Franklin of the Geological Survey of Canada, Verno…
INSIDER TRADING Horsham director sells voting stock
Although Ian Delaney was recently appointed chairman and chief executive officer of Sherritt Gordon (TSE), he retains a substantial voting interest on the board of Toronto-based Horsham (TSE). In addi…
Vancouver Stock Exchange Prime manages to hold its ground
The Vancouver Stock Exchange ushered in October by racking up its worst trading day in eight years. To top that off, the VSE composite index fell to an all-time low of 588.99 for the week ended Oct. 2…
Gulf developing reserve on McLymont
Drilling on the McLymont Creek property, owned by Gulf International Minerals (VSE), is continuing to return good gold values. The property is in the Iskut River area of northwestern British Columbia….
Eastmaque drilling encouraging
Recent drilling on the Oro Cruz property is returning encouraging results. The project is a joint venture between Eastmaque Gold Mines (TSE), which holds a 44% interest, and Morrison-Knudsen (NYSE), w…
COATS (over-the-counter) Montrose speculation
Speculation on results from a 3-hole drill program at Montrose Gold’s 10-claim prospect in Montrose Twp., Ont., sent the junior’s share price soaring to 80 cents, up 30 cents from last week’s close on…
Manitouwadge miner takes cabinet post
Gilles Pouliot, 48, MPP for Lake Nipigon, has been appointed mines minister for Ontario. Pouliot, a miner who has spent the last several years in Manitouwadge, Ont., will take over from the former min…
PEOPLE GOLDEN TRUMP RESOURCES
George Scott, Robert Barbero and Chet Idziszek appointed directors succeeding Arthur Clemiss and Leonard Clemiss who resigned.
Deak buys Garrison bet, plans production
The Garrison gold project will enter into production within the next month following Deak Resources’ (TSE) purchase of an 87.5% interest in the 106-claim property near Kirkland Lake, Ont. Deak, which …
Placer banks $288.5 million on sale of oil and gas subsidiary
For cash proceeds of $288.5 million, Placer Dome (TSE) has completed the sale of its Canadian oil and gas operations to Calgary-based Opus Acquisition. The sale, which will have a substantial impact o…
BOOKS IN REVIEW Register of Australian Mining
Register of Australian Mining 1990/91, is now available in Canada. More than 20 journalists and researchers contributed to this year’s edition. Along with highlights of new discoveries and the rush in…