Aranlee to acquire Australian company
Negotiations are in progress which could see Aranlee Resources (VSE) acquire a 100% interest in an Australian resource company owned by Burmin Exploration and Development. Burmin is an Irish company t…
News
Pioneer settles with Pegasus
A settlement was reached between Pegasus Gold (TSE) and Pioneer Metals (TSE) which, if concluded, will eliminate all debts owed to Pegasus as well as all outstanding legal disputes between the two com…
Cyprus Gold options Tully Twp gold bets
Cyprus Gold Canada, a unit of Colorado-based Cyprus Minerals (NYSE), has optioned a parcel of promising gold claims in Tully Twp., Ont., about 25 miles north of Timmins, Ont. The first deal gives Cypr…
Lassonde to speak at Toronto meeting
The Toronto Geological Discussion Group will host a dinner meeting at Toronto’s Albany Club, Jan. 18. Guest speaker Pierre Lassonde, president of Franco-Nevada Mining and Euro-Nevada Mining, will rela…
NEWS IN BRIEF Coronada Resources Inc.
Coronado Resources Inc. (CRD:VSE) has changed its name to Iron King Mines Inc. (IRK:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.
PEOPLE ZICTON GOLD
Boyce Butler appointed president succeeding John Hilton who resigned. Butler was also appointed a director.
IOCC GOLD OPTIONS (December 24, 1990)
Options Open Series Volume Last Interest Feb. 380 C 110 11.50 890 Feb. 390 C 125 9.40 1,308 Feb. 400 C 192 5.50 1,834 Feb. 410 C 56 3.80 1,433 Feb. 420 C 181 2.70 2,411 May 380 C 50 2.70 283 Aug. 430 …
Memorial awards for engineering studies
Scholarships and an award program, established in memory of the women students slain at Ecole Polytechnique last year, are available for application. Two scholarships, worth $5,000 each, will be award…
Stepout drilling returns wide copper-gold values at Kemess
A 17-hole drill program on the South Kemess property in the Toodoggone district of British Columbia continues to return wide intersections of copper- gold mineralization. El Condor Resources (VSE) and…
Ontario court awards Brookbank gold bet to Ontex
Toronto-based Ontex Resources (ASE) has emerged as the winner in a bitter legal dispute with Metalore Resources (TSE) and George Chilian over control of the Brookbank gold property in northern Ontario…
Spot prices at a glance (December 24, 1990)
Week’s Price (US) Change Gold* $376.80 + $4.90 Silver* $3.97 — $0.09 Platinum*$416.00 — $7.60 Nickel** $3.76 + $0.09 Lead** $0.28 — $0.02 Copper- $1.12 — $0.01 Zinc– $0.57 — $0.03 Courtesy of Sc…
Glamis on target for 60,000 ounces
The first quarter of fiscal 1991 puts Glamis Gold (TSE) firmly on track to match a production target of 60,000 oz. of gold for the year. Glamis produced 11,805 oz. of gold from its Picacho and Yellow …