EDITORIAL PAGE Dirty work?
Mining is all too often considered a dirty word when it comes to career choices. That image is changing as young people become aware of the variety of jobs available in the industry — not just engine…
News
Unlisted Trading Rhinelander results
Partners Placer Dome, Pelangio-Larder Mines and Quote Resources believe they have intersected the edge of a conductor stretching for several thousand feet along their Rhinelander property in northern …
Piedmont chalks up loss due to lower gold price
A drop in gold prices as well as a decrease in ore grade pushed Piedmont Mining (NASDAQ) into a US$394,000 loss for the first quarter ended March 31. Piedmont reported net income of US$406,000 in the…
Insider Trading Atlanta insiders benefit from price rally
A number of Atlanta Gold (TSE) insiders recently took advantage of the recent price rally sparked by an agreement that gives Newmont Mining (TSE) the option to earn 51% of Atlanta’s Elmore silver proj…
PROFILE Falconbridge’s Belford tackles new challenges at Sudbury
After more than two decades at the Kidd Creek mine, Eric Belford’s recent reassignment as vice-president and general manager of Falconbridge Ltd.’s Sudbury division has meant an entirely new focus for…
METAL PRICES FREE MARKET (June 03, 1991)
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 28 May 27 May 24 May 23 May 22 Copper 1270-1271 — 1…
Property owners should be wary
With regard to your article on a gold prospect at Dikili (the correct spelling should be “Dikeli”) on western Asia Minor (Turkey) by Metall Mining (T.N.M., May 6/91), I would caution the property owne…
Canarc to acquire Suntac interest
A series of transactions proposed by Canarc Resource (VSE) is expected to result in the company owning 37% of Suntac Minerals (VSE). Suntac’s key asset is an option to earn a 60% interest in the Polar…
IOCC GOLD OPTIONS (June 03, 1991)
Options Open Series Volume Last Interest Aug 370 C 10 4.50 13 The New York closing gold price was $363.50 per oz. Last quotat…
TSE Short Positions (June 03, 1991)
Semi-monthly reports as of May 15, showed 25,640,565 shares of 587 issues compared with 26,009,570 shares of 646 issues on Apr 30. Larger individual positions included: Amax Gold 35,400, up 32,400; A…
Hycroft results pushed into red
A charge of $1.1 million from the realization of a foreign exchange loss pushed Hycroft Resources & Development (TSE) into the red. The exchange loss was the result of a sale of U.S. dollar denominate…
First-quarter results show turnaround for Royal Oak
The latest operating results from the Pamour group of companies reflect the success of a detailed turnaround program implemented by Royal Oak Resources (TSE) since it assumed direct managerial control…