Severance payments and cash bonuses totalling $528,500 were paid to Brian Fraser and Randy Turner before they resigned their respective positions as chairman and president of Trimin Resources (TSE). T…
The Douay gold project in Quebec’s Casa Berardi region will soon become a joint venture between two partners, Inco (TSE) and Societe d’Exploration Miniere Vior (ME). Vior says an agreement has been re…
Stock exchange investors may be feeling the effects of a bear market but for cobalt producers, the times couldn’t be better. According to the London-based publication Metal Bulletin, the metal climbed…
A drill program by Consolidated Rhodes Resources (VSE) has started on the Gold Basin project in Mohave Cty., Ariz. The junior, controlled by Murray Pezim, is earning a 50% interest in the property fro…
After making promising upward moves of US$3.50 and US$2.40 per tonne in each of 1989 and 1990 respectively, the price received for metallurgical coal by Canada’s largest producer has dropped somewhat….
Exploration and mining will continue on the Garrison gold property, 24 miles east of Matheson, Ont., following a joint venture agreement between Perrex Resources (ASE) and GSR Mining, a subsidiary of …
Week’s Price (US) Change Gold* $392.50 + $8.75 Silver* $4.16 + $0.01 Platinum*$416.25 – $3.50 Nickel** $3.78 – $0.08 Lead** $0.28 + $0.01 Copper- $1.19 + $0.06 Zinc $0.57 Courtesy of Scotiabank. Infor…
Inco Ltd. has put out a contract to eliminate the millions of zebra mussels clogging water intake pipes at its Port Colborne refinery in Ontario. They interfere with regular operations at the plant. R…
After a review of 1990 exploration results, partners Seven Mile High Group (VSE) and a unit of Inco (TSE) do not intend to carry out a second phase program on the North vein at the Vault gold property…
A minority shareholder of Kerr Addison Mines (TSE), the Ontario Municipal Employees Retirement Board, has increased its stake in Kerr to about 13.6% (about 2.4 million common shares) through the acqui…
Toronto-based Euro-Nevada Mining (TSE) is purchasing a royalty in the Eskay Creek gold exploration project in northwestern British Columbia. Prime Resources Group (VSE) of Vancouver says it has agreed…
After losing US$25,000 in the 1989 third quarter, Gold King Consolidated (VSE) reported a gain of 9.5US$39,000 for its 1990 third quarter ended Sept. 30. Revenues for the recent quarter increased to U…
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