Montreal Exchange Summer trading slows
Market activity slowed during June, according to ME officials. The average daily volume during the month, at about 4.9 million shares, was down 7.1% from May. On the other hand, the average price per …
1990
$6 million to study the earth’s crust
Some $6 million will be given to the Trans-Hudson Orogen Transect research project over four years. The funding comes from the Natural Sciences and Engineering Research Council and the federal Departm…
U.S. firm makes offer to work on Tully Twp. ground
A large U.S.-based mining company has made a firm offer that could lead to the further development of a gold property in Tully Twp., 20 miles northeast of Timmins, Ont., in which Frankfield Exploratio…
VSM/Serem, Dundee in property deal
A letter of intent has been signed between Dundee-Palliser Resources (TSE) and exploration partners VSM Exploration (ME) and Serem-Quebec which will allow VSM/Serem to earn a 50% interest in Dundee’s …
Mining Hall of Fame grew from an off-the-cuff remark
Back in December, 1987, I received a call from Ray Goldie, vice-president and mining analyst at Richardson Greenshields, who headed the Toronto Geological Discussion Group. Would I address their annua…
U.S. REPORT Roaster facility tops design rate
A roasting facility at the Big Springs gold project in Nevada recently completed its first year operating 15% above the design rate of 1,000 dry tons per day. For the first 12 months of the operation …
PEOPLE COLONY PACIFIC EXPLORATIONS
Walter Segsworth, Bruce McKnight and Harlan Meade have been appointed to the board of directors succeeding Richard Ostrosser, Donald Webster and Arthur Soregaroli who resigned.
Carmac options LAC property
A diamond drill program is expected to begin shortly on the Hank property owned by LAC Minerals (TSE) north of Eskay Creek in northwestern British Columbia. The 6,000-ft. program will be managed by Ca…
New management for TerraGold
A deal is in the works that will see control of TerraGold Resources (ASE) pass from Jascan Resources (TSE) to Laurasia Resources (TSE) and Actuate Financial Consultants. Under the terms of a recent ag…
PEOPLE NOBLE PEAK RESOURCES
Maureen Jensen appointed director, president and chief operating officer.
Goldpost claims
Eight claims, 320.5 acres in size, in the east-central part of Hislop Twp. in northeastern Ontario, have been sold by Holcorp Gold Mines to Goldpost Resources (TSE) for $60,000. The claims are adjacen…
Vancouver Stock Exchange Seine River fares well
Both the Vancouver Stock Exchange’s Composite and Resource indexes fared poorly over the week ended July 10, falling 9.18 and 13.43 points respectively. The composite index ended at 789.90 while the r…