Ronrico set to mine Louvicourt gold bet
Joint venture partners Ronrico Explorations (VSE) and partner Louvicourt Gold Mines (COATS) have commenced development work at the Simkar gold project, east of Val d’Or, Que. Louvicourt is a 58% owned…
News
Kirkland Lake gets boost from Virginiatown operations
Associated with gold mining for a good part of this century, the Kirkland Lake area of northern Ontario is undergoing a revival of sorts in large part through the efforts of Deak Resources (TSE). The …
Spot prices at a glance (October 15, 1990)
Week’s Price (US) Change Gold* $392.20 + $2.35 Silver* $4.63 — $0.06 Platinum* $443.75 — $0.25 Nickel** $4.28 — $0.06 Lead** $0.35 + $0.01 Copper- $1.29 + $0.01 Zinc– $0.61 — $0.03 Courtesy of Sc…
Coeur offering
Coeur d’Alene Mines (Amex) hopes to raise about US$52.8 million through a public share offering. The company, which plans to use part of the funds for exploration and development work, is offering two…
RSV to explore B.C. claims
RSV Resource (VSE) expects to raise $250,000 from two recent private placement agreements for exploration of the Spider and Edith claims near Stewart, B.C. The company can earn a 60% interest in the p…
Aurochs option
Aurochs Exploration (ME) has negotiated an agreement with Robopro Inc. which will allow the former to earn a 100% interest in the Dovercliff property, 7 km. east of Rouyn-Noranda, Que. To earn its int…
NO HEADLINE (October 15, 1990)
TEXT: REGIONAL SPECIAL, SECTION B NORTHERN ONTARIO & QUEBEC…
PEOPLE HIGH RIVER GOLD
A. MacGibbon elected chairman succeeding David Yue who resigned as chairman but continues as a director; J. Clucas elected president and treasurer succeeding Barney Magnusson who resigned; G. Oakley e…
Alberta Stock Exchange Golden Pacific up
Koval Resources emerged as the volume leader during a week ended October 9, when significant gains in the prices of many resource issues were hard to come by. Almost one million Koval shares changed h…
Aurizon talking with bondholders
A second-quarter writedown of its Sleeping Giant gold property near Amos, Que., left Aurizon Mines (TSE) in breach of a covenant in the agreement with its Swiss bondholders to maintain a minimum net w…
LETTERS TO THE EDITOR Bias bypasses good managers
A recent employment advertisement in your paper reminded me that old prejudices die hard in the mining industry (or maybe they never die at all). I am referring to an advertisement attempting to recru…
CIM features Holmes during Mining Week
Ontario’s first ever mining week, Oct. 15-19, is demonstrating the industry’s contribution to the economy nationwide and our daily lives. As well, it showcases programs that safeguard workers’ health …