U.S. REPORT Noranda to explore Blue Dog
Ongoing exploration of the Blue Dog gold project near Weiser, Idaho, is to be managed by a unit of Noranda (TSE) under the terms of a recent agreement-in-principle with Gold Canyon Resources (VSE). Sh…
1990
LETTERS TO THE EDITOR Continental drift
I was delighted to see your coverage (Dec. 3/90) of a new contract for Watts, Griffis & McOuat in the Republic of Yemen. Despite certain geologic connections, you should be aware that Yemen is not in …
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…
Toronto Stock Exchange Noranda drilling gives Christmas cheer to
Long-suffering shareholders of Denison Mines woke up during the week ended Dec. 18 to find an unexpected surprise in their Christmas stockings. It came in the form of Denison’s new President and chief…
Labelling scrap `hazardous’ could cut smelter feed
Proposed legislation governing cross-border shipments of hazardous waste threatens to put the recycling divisions of some of Canada’s biggest mining companies out of business. The mining industry says…
U.S. REPORT Coeur d’Alene ups mine interest
Idaho-based Coeur d’Alene Mines (NYSE) recently acquired a 5% interest in the Coeur mine in north Idaho from Hecla Mining (NYSE). The acquisition increases Coeur d’Alene Mines’ interest in the silver …
James ready to cut costs in order to save Denison
Just two months short of his 62nd birthday, former Falconbridge Ltd. chairman Bill James has taken on what could be the biggest challenge of his career. After accepting an invitation to 0000,0509 beco…
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…
Tulsequah Chief hole fails to cut H Lens mineralization
Hole 90-29 on the Tulsequah Chief property was drilled into footwall andesite and stopped at a depth of 2,635 ft. without encountering H Lens mineralization. The Tulsequah property is in northwestern …
Followup drilling for Rock and Roll bet
Partners Eurus Resource (VSE) and Thios Resources (VSE) are planning a second phase of drilling on their promising Rock & Roll massive sulphide prospect in the Iskut River camp of northwestern British…
Toronto Stock Exchange Indices (December 24, 1990)
Dec. 18 Dec. 17 Dec. 14 Dec. 13 Dec. 12 HIGH LOW Composite “300” 3236.89 3232.97 3244.22 3252.56 3252.54 4009.47 3009.91 Metals & Minerals 2756.20 2758.70 2783.70 2782.90 2803.41 3453.06 2502.63 Integ…