Corona Restructuring arrangement
The complicated restructuring under way at Corona (TSE) will involve several share exchanges among the shareholders of Corona, Prime Resources (VSE) and Stikine Resources (TSE). In a series of transac…
Articles by Northern Miner Staff
La Fosse sees profit potential in manganese, sinter and lump ore
A Toronto-based junior is hoping to make a pile of money through the sale of several products from a former producing iron ore district in the province’s northeast. La Fosse Platinum (TSE) is gearing …
Alberta Stock Exchange Durvada gains 33 cents
Nine recently completed drill holes on BMR Gold’s America Mine project in California have intersected more high-grade reserves in an area where initial open pit production is planned. One intersection…
Insider Trading Toffan benefitting from Eskay activity
John Toffan, chairman of Prime’s partner Stikine Resources (TSE), may wind up better off financially though he may never be as recognized for his role in the Eskay Creek gold discovery as Prime Resour…
U.S.REPORT Reserves calculated for Mexican Hat
A second phase exploration program was recently completed at the Mexican Hat property in Cochise Cty., Ariz. The property is owned 60% by Placer U.S., a unit of Placer Dome (TSE), and 40% by Oneida Re…
Spot prices at a glance (June 11, 1990)
Week’s Price (US) Change Gold* $359.80 — $5.90 Silver* $5.09 — $0.04 Platinum* $491.75 — $4.75 Nickel** $3.65 — $0.18 Lead** $0.37 — $0.01 Copper- $1.19 + $0.01 Zinc $0.79 Courtesy of Scotiabank….
People COLUMBIA GOLD
John Brock appointed director and president; Scot Drever, Arthur Fisher, David Pegg appointed to the Board of Directors.
People ASARCO (June 11, 1990)
Michael Emery appointed assistant to the vice- president, smelting and refining.
People AMERICAN BULLION
John Brock appointed president; Wayne Roberts appointed exploration manager and Robert Dickinson heads corporate development.
LETTERS TO THE EDITOR Tips on productivity, safety for CDDA
The Canadian Diamond Drilling Association (T.N.M., May 21/90) says its members must increase productivity to remain competitive and to survive: they must drill more feet (or metres) per man-hour. But …
Toronto Stock Exchange Indices (June 11, 1990)
June 5 June 4 June 1 May 31 May 30 HIGH LOW Composite “300” 3596.67 3601.50 3592.99 3581.99 3565.55 4009.47 3334.13 Metals & Minerals 3235.64 3258.35 3239.08 3217.20 3191.98 3453.06 2850.84 Integrated…
Newhawk resumes drilling at Sulphurets
A $1.2-million drill program totalling 18,000 ft. has started on the Sulphurets property, owned 60% by Newhawk Gold Mines (TSE) and 40% by Granduc Mines (TSE). The program is designed to test the down…