Where does this leave Asamera shareholders?
The proposed purchase of substantially all the assets of Asamera Minerals (TSE) by Corona Corp. (TSE) in exchange for 10 million shares of Corona appears to have left minority shareholders out in the …
News
Colony Pacific gets approvals for underground work
The proposed underground exploration program at the Blue Moon project owned 100% by Colony Pacific Explorations (TSE) was recently approved by all the required government agencies. The wait for enviro…
Giant slashes production costs
Third-quarter results of Giant Yellowknife Mines (TSE) indicate the gold producer is back on track after a period of fairly high production costs. Coincidentally, the company has been put up for sale …
Golconda using new method at California gold project
Calgary-based Golconda Resources (ASE) recently announced some encouraging drill results from its Star City gold property in California. Golconda can earn a 60% stake at Star City where the company ha…
Backing the ruble with gold
The spirit of glasnost and perestroika transforming the political landscape of the USSR and Eastern Europe is already creating some fascinating opportunities for Canadian mining companies. The Sovie…
Aurizon, Ezekiel await Val d’Or drill results
More results are expected by year-end from a 20,000-ft drilling program on Aurizon Mines’ (TSE) Connell Corner property adjacent to the Aur-Louvem base metal discovery near Val d’Or, Que. The property…
Ontario’s annual mines symposium starts Dec 11
Ontario’s annual mines and minerals symposium is being held Dec 11-13 at the Metro Toronto Convention Centre. “The aim of the symposium is to allow participants to learn as much as possible about mine…
Spot prices at a glance (December 04, 1989)
Week’s Price (US) Change Gold*$410.75+$ 4.15 Silver*$ 5.61 $ 0.19 Platinum*$515.35 $17.15 Nickel**$ 4.17 $ 0.18 Lead**$ 0.30 Copper-$ 1.15+$ 0.03 Zinc-$ 0.64+$ 0.01 Courtesy of Scotiabank. Informa…
Antioch seeks funds for N.S. Mines
Westminer (Canada) may have done another company a favor when it abruptly dropped an option on the Logan gold property here in November, 1988. Its sudden departure, after spending $5 million on drifti…
Correction (December 04, 1989)
Contary to what was reported (N.M., Nov 27/89), NovaGold Resources (TSE) President Gerald McConnell currently holds 577,000 of the company’s shares. Secretary-treasurer Angus McIssac holds 758,837 Nov…
Brazil Gold ’91
Brazil Gold ’91, an international conference on the geology, genesis and exploration of gold deposits, is scheduled to take place May 7-22, 1991, at Belo Horizonte, Minas Gerais, Brazil. Attendants at…
Fish Lake deposit before the courts
On page 12 of your Nov 13 issue in your news item regarding Pioneer Metals, you indicate that the Fish Lake deposit is owned by Cominco Ltd. The Fish Lake deposit is a porphyry copper-gold deposit con…