Akiko-Lori’s suit dismissed
In early July, the British Columbia Supreme Court dismissed a lawsuit initiated by Akiko-Lori Gold Resources (VSE) against Ecstall Mining (VSE) relating to the Forgold property in northwestern British…
1991
GOLD FUNDS (July 22, 1991)
BGR Central Net Value $9.52 $5.33 Price $8.63 $4.950 Discount 9.35% 7.1% Value $56,686,151 $83,280,285…
LETTERS TO THE EDITOR Ontario’s gold camps revisited
I am working on a book titled Gold in Ontario and would like to call on your readers for their help. The book will cover the historical growth of all of the gold camps in the province from Hastings Ct…
Newhawk, Granduc budget $1.5 million for Sulphurets
Project operator Newhawk Gold Mines (TSE) will be continuing surface geological work during the first-phase drill program currently in progress on the Sulphurets property north of Stewart, B.C. The co…
Brenda cited for reclamation
Reclamation programs from mines across British Columbia were recognized recently in Kamloops, B.C., at the 15th annual Mine Reclamation Symposium. Six companies received awards, with Brenda Mines, a r…
U.S. REPORT Castle Mountain near startup date
The Castle Mountain gold project is on schedule and on budget, with owner Viceroy Resources (TSE) anticipating startup as planned in January, 1992. It’s been a long haul for the Vancouver-based junior…
Work on Flin Flon smelter on hold until ownership question resolved
With Minorco’s bid for the purchase of Hudson Bay Mining & Smelting (TSE) extended until July 31, the $187-million refit of the Flin Flon, Man., smelter remains on hold. Minorco, a Bahamian affiliate …
Imperial Group owns Mount Polley
The advanced Mount Polley copper-gold project in central British Columbia is now owned 100% by the Imperial Metals Group, with Imperial Metals (TSE) having a 60.4% direct interest. Along with two affi…
U.S. REPORT NEWS IN BRIEF Hecla, CoCa complete merger
The previously announced merger between Hecla Mining (NYSE) and CoCa Mines (NASDAQ) is now complete following the approval of the two company’s shareholders. Each common share of CoCa common stock is …
PRODUCER PRICES (July 22, 1991)
ALUMINUM: MW U.S. Market US60-61 cents per lb. (Jul. 2, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMIUM: …
NEWS IN BRIEF Val D’Or Resources Inc.
Val D’Or Resources Inc. (VRE:ME) has changed its name to Consolidated Val D’Or Resources Inc. (CVI:ME) with a consolidation of capital on a 1-new-for-15-old-share basis.
Aurizon options Hoblitzell claims
Having recently obtained the right to earn a 60% stake in Hoblitzell Twp. claims held jointly by Golden Dragon Resources (VSE) and Glen Auden Resources (TSE), Aurizon Mines (TSE) is preparing to start…