Goldcorp ups Wharf ownership
Goldcorp Investments (TSE) recently made a private purchase of 250,000 shares of Wharf Resources (TSE) at $6.03 per share. Goldcorp now owns 2,813,700 shares and its 69% owned subsidiary Dickenson Min…
News
Tundra approval for consolidation
Shareholders of Tundra Gold Mines (VSE) recently voted in favor of a share consolidation and a corporate name change, the company reported. Pending regulatory approval, Tundra will consolidate its sha…
Vancouver Stock Exchange Prime Equities, Teck swing deal
Both the VSE resource and composite indices pulled back during the week ended April 16. The resource index posted a 9.14-point drop to finish at 561.20, while the composite index closed at 573.27 for …
Silver Standard boosts potential
Recent drilling by Silver Standard Resources (VSE) on the La Choya project in northern Mexico is reported to have outlined mineralization north and east of the project’s previously defined reserve of …
Cyanide usage
As a graduate of an accredited mining college, a geologist who trained with the Manitoba Department of Mines and a qualified physical scientist with the Geological Survey of Canada, plus a former gold…
NEWS IN BRIEF Freewest Resources
Freewest Resources (TSE) has completed a private placement of $450,000 at $3.80 per share with La Societe en Cammandite Miniere. Proceeds from the placement will be used to continue exploration on the…
Noranda plans more holes at Hislop project
Six more drill holes are being proposed by Noranda Exploration for gold property in Beatty and Hislop twps. in northeastern Ontario, project partner Glimmer Resources (VSE) reported. The new holes wou…
Deloro mine site slated for cleanup
The Deloro gold mine site north of Belleville, Ont., is expected to receive immediate attention under a federal-provincial agreement to clean up toxic dumps in Ontario. Over the next five years, the g…
Noranda explores near Stewart
A unit of Noranda (TSE) will operate an exploration program this year on the Knipple Lake polymetallic prospect, 60 km north of Stewart, B.C. Hyder Gold (VSE) can earn a 50% interest in the property f…
LETTERS TO THE EDITOR Frustrations understandable
A. Chamot’s rather vitriolic letter (T.N.M., Jan. 28/91) referring to engineers and the profession follows the pattern of most highly concerned individuals by showing a propensity for exaggeration. Bu…
Goldcorp CSA report losses
Toronto-based Goldcorp Investments (TSE), the company that controls gold producers Dickenson Mines (TSE) and Wharf Resources (TSE), has reported a consolidated loss of $60.5 million or $3.45 per share…
PRODUCER PRICES (April 22, 1991)
ALUMINUM: MW U.S. Market US66.50-68.00 cents per lb. (Apr. 4, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CAD…