News

Debentureholders pursue Skukum

A debentureholders meeting will be held here in early June to pursue a number of allegations involving Skukum Gold (VSE) during a period when it operated the Skukum Creek gold project 55 miles southwe…


Centurion pulls gold values

Additional results were released by Centurion Gold (NASDAQ) from recent drilling on its 100% owned Big Horn gold property in southern California. Hole 91-5 intersected 15.1 ft. grading 0.36 oz. gold w…


Geologists meeting

More than 1,000 geologists from around the world are expected to register at a joint meeting May 27-29 in Toronto of the Geological Association of Canada, the Mineralogical Association of Canada and t…



Rouyn reports quarterly output

Production of 3,450 oz. gold was reported by Rouyn Mining Resources (TSE) during the first quarter from its Francoeur mine project near Rouyn- Noranda, Que. Rouyn, the operator, and its 50-50 partner …


Unlisted Trading Wye plans drilling

Lightly traded Wye Resources says it plans to drill a newly acquired parcel of land in Gorham Twp., near Thunder Bay, Ont., this June. Commonly known as Thunderhead Gold Mines, the property contains b…


CIM conference set for Thompson

The seventh Maintenance/ Engineering Operators Conference sponsored by the maintenance/engineering division of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and hosted by the CIM Th…


Agnico reports quarterly loss

Lower gold prices and reduced production contributed to a net loss during the first quarter of the year, Agnico-Eagle Mines (TSE) reported. The company recorded a loss of $3.1 million compared to a ne…


U.S. gold output second in world

The U.S. moved into second position in 1990 among gold-producing nations, Gold Fields Mineral Services of London said in its annual review of the world gold industry. The U.S. replaced the Soviet Uni…


EDITORIAL PAGE Making the cost clear

Tax revolt? Not quite. But the discontent of Canadian taxpayers is becoming increasingly evident. Truckers laid siege to the nation’s biggest city recently, blocking the main arteries into and out of …


Arimetco moves on warrant issue

An agreement to manage the exercising of the outstanding Series 1 warrants of Arimetco International (TSE) by Sept. 30 has been entered into with securities firm Midland Walwyn, the company reported. …


Insider Trading (May 27, 1991)

Redfern Resources (TSE) Co-Chairman George Fink and director Murray Pyke recently demonstrated an astute sense of timing by selling part of their holdings in the Vancouver-based explorer. According to…


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