News

Noranda drops Deception Lake

After completing a 2-hole, 400-metre diamond drill program on the Deception Lake property this summer, a unit of Noranda (TSE) decided not to proceed with the formal option agreement with Pine Channel…


Metal Prices FREE MARKET (December 31, 1990)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 25 Dec 24 Dec 21 Dec 20 Dec 19 Copper N/A N/A N/A 1315-1317 1288-1289 Lead N/A N…


People NEW KELORE MINES

Peter Bojtos appointed president and director; Jeffrey Snow appointed director; Carl Ashenhurst, Douglas Nicholson, Geoffrey Mitchell and Mervyn Upham resigned.



VSM, Serem are happy with Orphee zinc zone results

Partners VSM Exploration (TSE) and Serem Quebec say drilling on claims optioned recently from Orphee Resources indicates that copper grades in a new zinc zone increase significantly at depth. VSM and …


Forward selling dulls gold’s volatility

One of the most hotly debated investment topics in recent weeks has been the question of why gold bullion failed to stage a dramatic rally in the wake of the Kuwait crisis. Gold, traditionally a barom…



NEWS IN BRIEF Int’l Dorado Resources Ltd.

International Dorado Resources Ltd. (IDD:VSE) has changed its name to Calco Resources Inc. (KLC:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Central Gua…


PEOPLE ASARCO (December 31, 1990)

Stephen Dowd appointed assistant controller, corporate accounting; Richard Rhoades appointed assistant to the vice- president of mining.


NEWS IN BRIEF Denison Mines Ltd.

Denison Mines Ltd. (DEN:TSE) has announced that the cumulative quarterly dividend on the Preferred Shares Series A and Series B are not declared or payable on Dec. 15.



People NERCO MINERALS

Clynton Nauman appointed vice-president of operations; Jason McKenzie appointed general manager of the Con mine succeeding Clynton Nauman.


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