As promised, Royal Oak Resources (TSE) has lowered its axe on the Pamour group of companies in an attempt to cut operating and administrative costs. Having purchased control of Pamour (TSE) in Novembe…
Despite rumors to the contrary, Hemlo Gold Mines (TSE) President John Harvey says he has no plans to resign from his position. Harvey says he hopes to continue as president of the 50.8% owned Noranda …
A legal dispute related to the Goldboro gold project in Nova Scotia has been settled out of court by Onitap Resources (TSE) and Exploration Orex (ME). (T.N.M., Dec. 17/90. Orex, which initiated the le…
In the first nine months of the year, Inco Gold, a unit of Inco (TSE), showed a profit of US$6.6 million, compared to a loss of $3.7 million in the year-earlier period. The significantly improved prof…
A drop in both the price of gold and production levels help to explain a loss of US$688,000 for Atlas (NYSE) in its first quarter ended Sept. 30. The results compare to a net income of US$607,000 in t…
Coronado Resources Inc. (CRD:VSE) has changed its name to Iron King Mines Inc. (IRK:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.
Vaalco Energy Inc. — 38,333,333 shs offered @ 60 cents per sh. Golden Eagle Resources Ltd. — 1,500,000 shs offered @ 10 cents per sh.
Murray Pezim is back in Vancouver preparing to 0000,0509 appeal a decision by the British Columbia Securities Commission to ban him from trading on the Vancouver Stock Exchange for a 1-year period. Th…
Losses continue to mount for North American Metals (TSE) as a result of technical problems at the 50% owned Golden Bear mine in northwestern British Columbia. The mine has produced only 10,801 oz. of …
We are mature students attending, for various personal and career reasons, a course in prospecting at George Brown College’s St. James Campus, Toronto, Ont. We would like to inform Ontario’s Mines Min…
Ongoing exploration of the Blue Dog gold project near Weiser, Idaho, is to be managed by a unit of Noranda (TSE) under the terms of a recent agreement-in-principle with Gold Canyon Resources (VSE). Sh…
I was delighted to see your coverage (Dec. 3/90) of a new contract for Watts, Griffis & McOuat in the Republic of Yemen. Despite certain geologic connections, you should be aware that Yemen is not in …
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