A new preliminary reserve estimate of 643,000 tons grading 0.29 oz. gold per ton for the West zone of the Douay joint venture gold project in northwestern Quebec has been announced by Inco (TSE) and S…
A series of transactions proposed by Canarc Resource (VSE) is expected to result in the company owning 37% of Suntac Minerals (VSE). Suntac’s key asset is an option to earn a 60% interest in the Polar…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jun 101.50 99.80 99.90 — 1.10 Jul 99.45 98.80 99.20 — 0.30 Aug 98.80 98.80 98.80 — SILVER (in US cents per o…
Options Open Series Volume Last Interest Aug 370 C 10 4.50 13 The New York closing gold price was $363.50 per oz. Last quotat…
Semi-monthly reports as of May 15, showed 25,640,565 shares of 587 issues compared with 26,009,570 shares of 646 issues on Apr 30. Larger individual positions included: Amax Gold 35,400, up 32,400; A…
I have read your informative article (T.N.M., May 13/91) on the Kensington gold joint venture in Alaska. The Northern Miner has traditionally done an excellent job of covering mining activities in Can…
Mining began May 20 at the SB gold property near Stewart, B.C., a joint venture between Tenajon Resources (VSE) and operator Westmin Resources (TSE). Tonto Mining was awarded the contract for mining,…
For the second time in as many years, Hope Brook Gold Mines (TSE) is temporarily suspending operations at its 3,000-ton-per-day Newfoundland gold mine in a bid to solve nagging environmental control p…
British Columbia’s chief gold commissioner recently ordered that Eurus Resource (VSE) apply for abandonment and relocation of the PI and Delta claims within 30 days of the removal of the staking freez…
Hemlo Gold Mines (TSE) is considering taking a writedown on its investment in the Eagle River, Ont., gold joint venture with Central Crude (TSE), said President John Harvey at the company’s recent ann…
The successful completion of a private placement of debentures by Glamis Gold (TSE) prompted the company to increase the size of the issue to US$12 million from a minimum of US$8 million. The placemen…
Ed Gallagher appointed president and director; Frank Hogg and Avraham Elarar appointed directors.
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