1990

New streamlined and updated mining tax laws for British Columbia mines will take effect in January, 1990, Mines Minister Jack Davis recently announced. “This simplifies administration, encourages inve…

Toronto-based junior Hardrock Extension (TSE) says it is “exploring all avenues” to raise funds for exploration work on its gold property near Geraldton, Ont. An underground exploration program was pl…

Placer Dome (TSE) has started an 8-hole drill program on the Verse Lake property held under option from Glen Auden Resources (TSE). The Verse Lake claims are near Chapleau, Ont. Placer is testing a se…

From The Gold Monitor , published by M. Murenbeeld & Associates of Victoria, B.C. But even if the ruble was backed by gold, would we in the West hold it? I doubt it. Not only is history full of cent…

Black ink turned to red for Piedmont Mining (NASDAQ) in its third quarter ended Sept 30. The company reported a loss of $411,925(US) for the period, pushing 9-month results into a loss of $399,583 or …

Attempts by Clifford Frame to find a buyer for the Pamour group of companies owned by Giant Resources of Australia have come to nought. The Australian parent says talks with Toronto-based Frame Mining…

Investors found little Christmas cheer in their stockings this week as gold prices decided to test the $400 mark, dipping to $406 on London’s second fix on Dec. 27, today. The sell-off in bullion clip…

North America’s richest goldfield keeps getting richer. In August, Denver-based Newmont Gold pulled an intersection of 350 ft of 0.768 oz gold per ton from its Deep Star property along Nevada’s Carlin…

CAROLIN MINES — Michael Berne appointed chairman of the board, president and chief executive officer; R.D. Anthony and Robert Handfield, vice-presidents and Major General Norman Ross, corporate secre…