NovaGold options more lead-zinc claims
Following its success on the Sewell Brook lead-zinc property in New Brunswick, NovaGold Resources (TSE) has optioned another 27 claims, 25 km east of its recent discovery. NovaGold says the Sears Lake…
News
Rankin greenstone belt displays ingredients for major discovery
Canada’s second largest Archean greenstone belt, which stretches for nearly 370 miles westward from Rankin Inlet, N.W.T., remains grossly unexplored, says geologist Maureen Jensen, president of Noble …
BOOKS IN REVIEW New analysis focuses on gold royalties
A new industry study on gold royalties has been published by Pincock, Allen & Holt Inc. of Colorado, a mining consulting firm. The study, North American Gold Royalties — Industry Averages, compiles a…
Amalgamation approved
Shareholders of International Mahogany (VSE), Goldsil Resources (VSE) and Magellan Resources (VSE) approved the proposed merger of the three companies. Each class A share of International Mahogany wil…
Metal Prices FREE MARKET (November 19, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date November 13 November 12 November 9 November 8 November 7 Copper 1331-1332 1308-1310 …
A darker shade of green Mining and the environment
Environmental responsibility is a hot topic these days. The corporate communit ha no move t suppor th gree revolution Bu th corporat officer an directors statutor liabilit fo environmenta matter i con…
IOCC GOLD OPTIONS (November 19, 1990)
Options Open Series Volume Last Interest Nov. 360 C 238 23.00 393 Nov. 370 C 177 15.00 559 Nov. 380 C 686 6.00 1,162 Nov. 390 C 426 1.50 1,910 Nov. 400 C 437 0.20 2,915 Feb. 420 C 416 7.50 1,566 Feb. …
Noranda hits western limit at Lynne project
Having completed an additional 17 holes on the Lynne zinc property in Oneida Cty., Wis., Noranda (TSE) thinks it has found the western limit of the deposit. The latest results from the exploration pro…
U.S. mining’s Hall of Fame conducted in grand style
Our U.S. neighbors have a reputation for doing things up in a rather big way. This would have to include their National Mining Hall of Fame and Museum, already a quantum leap ahead of our Canadian Min…
Placer Dome pursues Courville, takes option on shares of Cache
Interested in the Courville gold project northeast of Val d’Or, Que., Placer Dome (TSE) has agreed to become a major shareholder in Cache Explorations (ME). Cache is earning an interest in the propert…
Dickenson boosts gold output but earnings continue to slip
Increased revenue but lower earnings during the third quarter and the first nine months of 1990 were reported by Dickenson Mines (TSE). The company attributed the improved revenue level to higher gold…
Market slump bring bargains for buyers
Recession woes may have people tightening their belts and investors wary of the stock markets, but economists at the International Bank Credit Analyst say mid-1991 will “see a bottom in world equity m…