News In Brief ASARCO
Asarco Inc. (AR:NYSE) has declared a regular quarterly dividend on the common stock of 40^ per share payable March 1 to stockholders of record at the close of business on Feb. 14.
News
Placer Dome, employee face charges over mine fatality
Vancouver-based Placer Dome (TSE) and a company employee are facing charges relating to a fatal accident that occurred last February at the Campbell Red Lake gold mine at Balmertown, Ont. The charges …
Surface drill results from SB
Assay results were released by Tenajon Resources (VSE) from a 13-hole surface drill program completed by Westmin Resources (TSE) on the Kansas and West Kansas zones at the SB property near Stewart, B….
Cominco Resources Int’l. follows joint venture strategy
In order to reduce cash outlays for exploration, Cominco Resources International (TSE) has formed or is negotiating joint ventures for many of its exploration projects. In most cases the company will …
Drilling on North Belt cuts 9-ft. section of 5-oz. gold
Drilling on the Iron Colt vein at the North Belt property near Rossland, B.C., is continuing to return high-grade intersections. The latest hole, NB-1-91, graded 5.0 oz. gold per ton over 8.9 ft. Vang…
News In Brief Deltec Resources
Deltec Resources Ltd. (DEC:VSE) has changed its name to Pacific Titan Resource Corp. (PFR:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Pacific Corp. Tru…
Defer Eagle River production, feasibility study recommends
Toronto-based Central Crude (TSE) is working on an alternate mining plan for the Eagle River gold project following a recommendation from joint venture partner Hemlo Gold Mines (TSE) that production a…
FINANCING (February 25, 1991)
Pacific Century Explorations Ltd. — 800,000 units consisting of one sh & two wts offered @ 40 cents per unit. Consolidated Ramrod Gold Corporation — 1,300,000 units consisting of one sh & one wt off…
Toronto Stock Exchange Freewest hits new high as market pauses
As investors waited for an announcement on whether the Middle East war will end before the vital ground battle gets underway, share prices continued to drift higher during the week ended Feb. 19. A de…
COATS Mint moves on find
A new gold discovery has created some excitement in Benoit Twp., Que., not far from VSM’s Grevet base metal property. Quick to capitalize on the find, which returned 53.3 ft. grading 0.18 oz. gold per…
News In Brief Four Seasons
Four Seasons Resources Ltd. (FSR:VSE) has changed its name to FSR Industries Inc. with a consolidation of capital on a 1-new-for-32Dold-share basis. The transfer agent is Montreal Trust.
Editorial Political risk in North America
Regulatory requirements that are unclear, difficult to interpret and constantly changing are a form of political risk that is choking off investment in North America’s mineral resources. Political ris…