Coeur d’Alene reports loss
A net loss of US$478,000 was reported by Coeur d’Alene Mines (NYSE) in its 1991 first quarter, compared with net income of US$2.4 million in the comparable 1990 period. The Idaho-based producer said …
News
Takla Star in Mt. Milligan camp
This season, Takla Star Resources (ASE) plans to concentrate its efforts on the AOK property near the Mt. Milligan deposit in north-central British Columbia. The company can acquire 100% of the copper…
Panthco signs option agreement
Panthco Resources (CDN) has entered into an agreement with Sudbury Contact Mines (TSE) to explore a 51-claim property in the Kirkland Lake gold camp of northern Ontario. Under the agreement, Sudbury …
Mixed results from Northern Abitibi
A drill program completed on Northern Abitibi Mining’s (ASE) gold property in northwestern Quebec, under option to Inco (TSE) and Vior (ME), has returned mixed results. All six holes collared to test …
PEOPLE TYRANITE MINES
Ross McGroarty, Marilena Fuda and Suzanne McGroarty appointed directors.
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…
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 …