Cambior drilling Aurizon property
Surface drilling at the Sleeping Giant mine property north of Amos, Que., has verified the apparent south extension of the previously mined A vein, Cambior (TSE) and Aurizon Mines (TSE) reported. Camb…
1991
PEOPLE BONAVENTURE RESOURCES (June 17, 1991)
Dana Farrell appointed director.
Vananda reports reserve increase
Following a review of drilling results from a program completed earlier this year, Vananda Gold (VSE) has increased its estimate of preliminary reserves on the Little Billie mine to 195,000 tons gradi…
El Condor, Covenant drop plans to acquire St. Philips
Merger partners El Condor Resources (VSE) and Covenant Resources (VSE) have decided not to proceed with a previously announced intention to acquire St. Philips Resources (VSE). In early May the compan…
Uranium mining is fast becoming a prairie operation
Saskatchewan is Canada’s premier, but not the country’s only, uranium producing province. By 1993, however, the prairie province will likely be responsible for almost all of the nation’s uranium outpu…
Correction (June 17, 1991)
Preliminary reserves within the No. 2 zone at Glimmer Resources’ (TSE) Beatty-Hislop gold project are estimated to be 469,834 million tonnes grading 12.4 grams gold per tonne. An incorrect figure was …
Interest rate drop boosts Falco
Lower metal prices and reduced sales from Falconbridge’s Kidd Creek zinc-copper-silver mine combined to diminish the company’s first-quarter operating income by $5.5 million. Falconbridge is a wholly …
INSIDER TRADING Wiscan’s Nemis and wife poised for rally
Wiscan Resources (TSE) President Richard Nemis and his wife Diane are poised to benefit from any share activity that may result from exploration on the Toronto company’s Wisconsin gold properties. Acc…
METAL PRICES FREE MARKET (June 17, 1991)
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 11 June 10 June 7 June 6 June 5 Copper 1347-1349 1314-1316…
On the Level In times like these, even the fishing’s not easy
It isn’t just mining that’s being driven into the dumps these days in northern Ontario. Signs abound that the whole economy there is slumping sharply. Even fishing. Recently I spent three days at the …
PEOPLE BOW VALLEY INDUSTRIES
Jerry Wright appointed president and chief executive officer; Gordon Osbaldeston and Robert Welty appointed directors.
PEOPLE WINDSPEAR RESOURCES
Randy Turner appointed president and director. John Greig, Gary Schellenberg and Jerry Minni appointed directors.