Labor relations key to staying competitive
Management and labor have to abandon their traditional adversarial relationship if Canadian mining companies are to survive, says the president of Brunswick Mining and Smelting (TSE), citing his own c…
News
St Andrew drifting returns unexpected high gold values
St Andrew Goldfields (TSE) has intersected some unexpectedly high-grade gold values while drifting in the West zone of its Stock Twp. gold mine near Timmins, Ont. At the company’s recent annual meetin…
MINER DETAILS (June 15, 1992)
When Wood Gundy decided it was going to open its doors to the media more than it had in the past, it picked a tough issue to start off with. Analysts at the usually secretive brokerage firm invited fu…
Drilling planned for Spectrum
Prospective joint venture partners are being welcomed by Columbia Gold Mines (VSE) to tour the company’s Spectrum gold project in northwestern British Columbia, and the Tillicum Mountain gold project …
McDonald continues Noramco saga by optioning Pickle Crow to
Bruce McDonald has kept a low profile since selling Noramco Mining (TSE) and its portfolio of junior companies to Breakwater Resources (TSE) several years ago. As it turned out, Breakwater had to writ…
Minnova outlines low-grade deposit at Benoit project
A 24-hole, second-phase program completed on Freewest Resources’ (TSE) Benoit gold property northeast of Rouyn, Que., has yielded a preliminary reserve estimate of 3.3 million tons grading 0.076 oz. g…
Dundee selling Poco interest
Net proceeds from the sale of its 33% interest in oil producer Poco Petroleums should be about $29 million, Dundee Bancorp (TSE) says. Dundee is a major shareholder in International Corona (TSE), whic…
METAL PRICES (June 08, 1992)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne)…
GOLD FUNDS (June 08, 1992)
BGR Central Net Value $7.93 $5.07 Price $6.25 $4.60 Discount 21.16% 9.30% Value $47,200,000 $77,391,780…
NEWS IN BRIEF (June 08, 1992)
International Suneva Resources Ltd. (ISN:VSE) has changed its name to Nevsun Resources Ltd. (NSU:VSE) with a consolidation of 1-new-for-4-old-share basis. The transfer agent is Montreal Trust.
Franklin awarded top medal twice at GAC-MAC meeting
(Staff) — The Duncan R. Derry Medal — the highest award that can be bestowed on a geoscientist in Canada — was given here twice recently to Jim Franklin of the Geological Survey of Canada (GSC). Th…
Inland Gold and Pegasus terminate proposed merger
Due to a lack of shareholder response, Inland Gold and Silver (NASDAQ) and Pegasus Gold (TSE) will not proceed with a previously proposed merger. Pegasus offered Inland shareholders the equivalent of …