BP,Lysander to resume drilling on Cat property
A work program operated by BP Resources Canada (TSE) will begin next month to test a sulphide system with associated copper, gold and arsenic defined on the Cat property last year. The property is nor…
News
Pioneer settles with Westmin
A tentative agreement between Westmin Resources (TSE) and Pioneer Metals (TSE) calls for Pioneer to transfer to Westmin its 40% interest in the Premier Gold project near Stewart, B.C. In return, Westm…
Mining executives among top earners
A list of Canada’s best paid corporate executives in 1990 would include Chairman Donald Phillips of Inco (TSE) and President Anthony Petrina of Placer Dome (TSE). Information on executive salaries is …
Hecla revises CoCa merger
A merger agreement between Hecla Mining (NYSE) and CoCa Mines (NASDAQ) has been amended in order to establish the number of Hecla common shares to be issued in Hecla’s acquisition of CoCa. The number …
Highland Valley wins safety award
The Highland Valley Copper mine, southwest of Kamloops, B.C., has been recognized for maintaining the highest standard of job safety in a British Columbia mine during 1990. The award was presented by …
Montreal Exchange VSM is active
Active trading marked the week ended April 9, with daily volumes ranging between 4.5 million and 7.6 million shares. The market portfolio was off by almost 9 points on the week, with the mining and mi…
Insider trading Inco insider sells at discount
Driven by threats of a miners’ strike in the Soviet Union, shares of Toronto-based Inco (TSE), the western world’s largest nickel miner, recently equalled their high for the year of $39.63. However, a…
PEOPLE CORONA CORP.
Norman Anderson elected chairman.
PEOPLE ADONOS RESOURCES
Walter Fries appointed director succeeding Lynda Muirhead who resigned.
Euros, Thios come up with Rock & Roll reserve figure
A preliminary reserve estimate was released by Eurus Resource (VSE) and Thios Resources (VSE) for their joint venture Rock & Roll property in the Iskut River region of northwestern British Columbia. T…
NEWS IN BRIEF Hudson Bay Mining & Smelting
Hudson Bay Mining & Smelting Co. Ltd. (HBM.S:TSE) has advised that the quarterly dividend on the special shares, normally payable in March, will be omitted.
NEWS IN BRIEF Krigold Resources
Krigold Resources (VSE) says it is seeking private placement funding or a joint venture partner to initiate a $350,000 exploration program on its 65% owned Sachigo River gold property, about 250 miles…