Bull Run Gold Report
For the fourth quarter ended Dec. 31, 1990, Bull Run Gold Mines (NASDAQ) reported earnings of US$3.6 million compared with a fourth-quarter loss of US$224,000 in 1989. The results included earnings of…
News
U.S. REPORT Kalahari acquires land position near Homestake gold
A geophysical program is under way on a large land position recently acquired by Kalahari Resources (VSE) about 35 miles southeast of the famous Homestake gold mine near Lead, South Dakota. Kalahari h…
PEOPLE ANGLO CANADIAN MINING CORP.
Robert Kemeny resigned as a director.
Moving The Miner into blue-chip quarters
As most readers probably know, we recently moved to the Don Mills complex of Southam Business Communications Inc., where Southam now houses all divisions of its expanding Mining Group under one roof. …
Copper-zinc-gold values keep Rock & Roll hopping
Partners Thios Resources (VSE) and Eurus Resource (VSE) are reporting the discovery of a new massive sulphide zone on their Rock & Roll property in the Iskut River region of northern British Columbia….
Canada, Soviets team up for joint mapping project
The federal mapping agencies of Canada and the Soviet Union will work together to share technology and develop business opportunities in the geomatics industry which deals with surveying, mapping, rem…
NEWS IN BRIEF United Coin Mines
Toronto-based United Coin Mines (TSE) recently borrowed $3.2 million from investment banker DCC Equities for a term of one year. The loan bears interest at prime plus 2%. Incidental to the loan, DCC r…
PEOPLE Guilderand Mining
W. Kerby appointed president succeeding D. Schindelhauer who resigned; S. Robertson appointed director succeeding M. Fraser who resigned.
Ontario’s new Mining Act takes effect June 3
Ontario’s new mining act will come into force on June 3, says Mines Minister Gilles Pouliot. The new act will contain revised regulations on claim staking and recording, assessment requirements and mi…
Losses mount for Skyline Gold
A net loss of $1.36 million was reported by Skyline Gold (TSE) for the three months ended Jan. 31, up from the corresponding year-earlier loss of $1.25 million. The quarterly data included operations …
Rio taking control of South Kemess project
An agreement has been reached between St. Philips Resources (VSE) and Rio Algom (TSE). It gives Rio the option to purchase up to 3.8 million treasury shares of St. Philips plus 1.2 million shares (exi…
Galico options Cominco claims
A program of diamond drilling and geophysical surveying is being planned by Galico Resources (VSE) for the Metla property 15 miles northwest of the Golden Bear gold mine in northwestern British Columb…