Letter to the editor Touting the Rossland mines
I have been an ardent reader of The Northern Miner since 1933, the days of Sidney Norman. I enjoyed the 75th anniversary issue very much, but was disappointed in your reference to the Consolidated Min…
1990
Major ready to veto deal at Louvicourt
A senior official in Noranda Minerals group has told a Quebec business paper that Noranda (TSE) is opposed to an agreement designed to end the legal dispute over the massive sulphide discovery of Aur …
Vancouver Stock Exchange Prime unaffected by Gulf crisis
The down-draft experienced by the Toronto and New York stock exchanges in the wake of rising tensions in the Persian Gulf did not seem to have much of an effect on the Vancouver Stock Exchange. The Co…
NEWS IN BRIEF Pine Point Mines
Common shares for Pine Point Mines Ltd. (PPT:VSE) have been delisted as they no longer meet the VSE’s distribution requirements.005…
PEOPLE CONSOLIDATED TROUT LAKE RESOURCES
Carl von Einsiedel, Sip Liew, Robert Zabba, Eric Proppe and Dwayne Zabba elected to the board of directors. Carl von Einsiedel appointed president, Robert Zabba, chief executive officer, and Eric Prop…
Corona plans diamond spinoff to fund Botswana exploration
Gold producer Corona (TSE) has decided to form a new company, Corona Diamonds International, to finance a major diamond exploration program in Botswana, the world’s third largest producer of the valua…
Uranerz, Jascan prepare to drill Dawson gold bet
Toronto-based Jascan Resources (TSE) says Uranerz U.S.A., a unit of West Germany’s Uranerzbergbau, has elected to proceed with more drilling on Jascan’s Dawson gold property in Colorado. Uranerz origi…
Hudbay profit down 40% in second quarter
Sharply lower profit was reported in the quarter ended June 30 by Hudson Bay Mining and Smelting (TSE), Canada’s fourth largest producer of copper and zinc. The company said its profit in the second q…
Cheni earnings (August 13, 1990)
Net earnings for Cheni Gold Mines (TSE) for the six months ended June 30 totalled $2.5 million or $22 cents per share. The results compare with net earnings for the four months ended June 30, 1989, of…
Mineta options claims to Corona
A joint venture agreement between Mineta Resources (VSE) and Corona (TSE) will give the latter company the right to earn up to a 75% interest in the Golden Loon claims by spending $1.2 million on the …
Correction Tonto
The employer of project superintendent Ron Koebel, who is stationed at the Eskay Creek gold project in northern British Columbia, was incorrectly identified (T.N.M., Aug. 6/90). Koebel works for Tonto…
Spot prices at a glance (August 13, 1990)
Week’s Price (US) Change Gold* $384.75 + $13.65 Silver* $4.87 + $0.06 Platinum* $479.65 — $5.50 Nickel** $4.99 + $0.36 Lead** $0.40 + $0.01 Copper- $1.32 + $0.03 Zinc $0.75 + $0.05 Courtesy of Scotia…