PEOPLE BUNKER HILL MINING
Jack Kendrick appointed chairman of the board; Alan Richardson appointed president and director; Robert Magnuson resigned as a director.
News
PEOPLE CROWN RESOURCES
Christopher Herald appointed president.
NEWS IN BRIEF Stag Explorations Ltd.
Stag Explorations Ltd. (SGP:VSE) has changed its name to Stag Holdings Ltd. (SGP:VSE) with no consolidation of capital. The transfer agent is Montreal Trust.
NEWS IN BRIEF Battle Mountain Gold Co.
Battle Mountain Gold Co. (BMG:NYSE:TSE) has declared a quarterly dividend on its common stock of 2.5 cents per share, payable Feb. 19, 1991, to shareholders of record on Feb. 4, 1991.
Parklane walks away from Beardmore bet
Following discouraging results from an autumn exploration program, Consolidated Parklane Resources (VSE) has decided to discontinue work on its Crooked Green property near Beardmore, Ont. From August …
Northern Minerals to focus on Gordon Lake gold property
The directors of Northern Minerals (TSE) are recommending that their shareholders accept a recent offer to amalgamate with Capilano International, a private geophysical contractor with annual revenue …
Metal Prices FREE MARKET (December 24, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date December 18 December 17 December 14 December 13 December 12 Copper 1288-1289 1294-12…
Orex, Onitap reach agreement on suit
A legal dispute related to the Goldboro gold project in Nova Scotia has been settled out of court by Onitap Resources (TSE) and Exploration Orex (ME). (T.N.M., Dec. 17/90. Orex, which initiated the le…
U.S. REPORT Atlas drops into red in first quarter
A drop in both the price of gold and production levels help to explain a loss of US$688,000 for Atlas (NYSE) in its first quarter ended Sept. 30. The results compare to a net income of US$607,000 in t…
LETTERS TO THE EDITOR Students voice concern over new Mining Act
We are mature students attending, for various personal and career reasons, a course in prospecting at George Brown College’s St. James Campus, Toronto, Ont. We would like to inform Ontario’s Mines Min…
U.S. REPORT Noranda to explore Blue Dog
Ongoing exploration of the Blue Dog gold project near Weiser, Idaho, is to be managed by a unit of Noranda (TSE) under the terms of a recent agreement-in-principle with Gold Canyon Resources (VSE). Sh…
LETTERS TO THE EDITOR Continental drift
I was delighted to see your coverage (Dec. 3/90) of a new contract for Watts, Griffis & McOuat in the Republic of Yemen. Despite certain geologic connections, you should be aware that Yemen is not in …