Hall of Fame seeks candidates
Now in its third year, The Canadian Mining Hall of Fame is again calling for nominations for induction at an upcoming banquet ceremony to be held in Toronto’s Royal York Hotel Jan. 7, 1991, when the s…
News
Field trip to Chile a success
A recent 17- day field trip to Chile hosted by the Geological Association of Canada has allowed Canadian explorationists the opportunity to make comparisons of Chilean copper and gold deposits to thos…
“Golden Triangle Fund” to raise $4 million (June 18, 1990)
Ten junior companies active in northwestern British Columbia have joined forces to raise about $4 million through the “Golden Triangle Fund” for their 1990 exploration activities. As the name suggests…
Australia`s mining industry urged to defend its role
By now a fair number of mining people have thumbed through the federal government’s booklet The Green Plan: A Framework for Discussion. Those whose literary appetite has been jaded by that document’s …
Insider Trading MSV executives buy before Grevet find
Two key MSV Resources (ME) executives have been positioning themselves to take advantage of any new developments at the Grevet base metal property, 40 km northeast of Quevillon, Que. MSV owns a 12.6% …
Bank commodity index unchanged in April
The all-commodity index of Scotiabank was unchanged in April from the previous month. Economist Patricia Mohr reports stronger prices for metals and minerals, and forest and agricultural products, off…
Bema funding study for Refugio
Junior gold producer Bema Gold (TSE) is planning to use the bulk of proceeds of a $6-million brokered convertible debenture to complete the feasibility study on the Refugio gold project in northern Ch…
Corona plans work at William’s property
Corona (TSE) has signed a letter of intent to earn a 51% interest in William Resources’ (ME) Vauquelin property, 35 km east of Val d’Or. To earn the interest, Corona will have to spend $500,000 on exp…
Creditor deal cuts Coxheath debt by 70%
Some of Coxheath Gold’s (TSE) creditors have agreed to convert Coxheath’s debt into shares of the company. At 17 cents per share, the conversion will be worth $1.99 million, reducing Coxheath’s unsecu…
Metal Prices FREE MARKET (June 18, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 12 June 11 June 8 June 7 June 6 Copper 1508-1510 1526-1528 1550-1552 1543-1545 …
Drilling planned for Gossan project
An exploratory drill program is being planned by Vector Industries International (VSE) for its Gossan property in the “Golden Triangle” region, north of Stewart, B.C. The funds for the work program wi…
Hefty exploratin spending predicted for Stikine Arch (June 18, 1990)
L.O.M. Western Securities predicts that more than $100 million will be spent this year in the Stikine Arch, a remote region in northwestern British Columbia’s rugged Coast Mountains. Prime Exploration…