NEWS IN BRIEF Stag Explorations Ltd.
Stag Explorations Ltd. (SGP:VSE) has changed its name to Stag Holdings Ltd. (SGP:VSE) with no consolidation of capital. The transfer agent is Montreal Trust.
News
Developing U.S gold projects show marked decline in 1990
The number of gold projects at the preproduction stage in the U.S. has declined by 67% over the past year, according to Potential New U.S. Gold Production, a study by Halifax-based Metal Economics Gro…
Stepout drilling returns wide copper-gold values at Kemess
A 17-hole drill program on the South Kemess property in the Toodoggone district of British Columbia continues to return wide intersections of copper- gold mineralization. El Condor Resources (VSE) and…
NEWS IN BRIEF Battle Mountain Gold Co.
Battle Mountain Gold Co. (BMG:NYSE:TSE) has declared a quarterly dividend on its common stock of 2.5 cents per share, payable Feb. 19, 1991, to shareholders of record on Feb. 4, 1991.
Spot prices at a glance (December 24, 1990)
Week’s Price (US) Change Gold* $376.80 + $4.90 Silver* $3.97 — $0.09 Platinum*$416.00 — $7.60 Nickel** $3.76 + $0.09 Lead** $0.28 — $0.02 Copper- $1.12 — $0.01 Zinc– $0.57 — $0.03 Courtesy of Sc…
Glamis on target for 60,000 ounces
The first quarter of fiscal 1991 puts Glamis Gold (TSE) firmly on track to match a production target of 60,000 oz. of gold for the year. Glamis produced 11,805 oz. of gold from its Picacho and Yellow …
Parklane walks away from Beardmore bet
Following discouraging results from an autumn exploration program, Consolidated Parklane Resources (VSE) has decided to discontinue work on its Crooked Green property near Beardmore, Ont. From August …
Vancouver Stock Exchange The Grinch who stole Murray’s trading
With the Vancouver Stock Market already scraping bottom, the announcement of a year-long trading ban on Murray Pezim didn’t seem to have much of an effect. The Vancouver Composite Index remained virtu…
Cobalt to be subject of feature film
Cobalt, Ont., the cradle of the province’s mining industry, has been chosen as the subject of a full-length film production. It is designed to recreate the legendary figures and document the major eve…
EDITORIAL PAGE Christmas gifts for all
Like many in the mining industry this Christmas, our shopping list is shorter and a little more frugal than it has been for the past half decade. But even though we can only offer best wishes to many …
Inco fined $50,000 for polluting creek
Inco (TSE) was recently fined $50,000 for polluting a creek near Sudbury, Ont. The nickel producer has also agreed to provide $50,000 for the rehabilitation of fish habitats in the Sudbury area. Inco …
EDITORIAL PAGE A gutsy move by Ontario’s mines minister
It may be little more than a moral victory. Nevertheless, Ontario Mines Minister Gilles Pouliot deserves a pat on the back for supporting mining at Shoal Lake in northwestern Ontario. Consolidated Pro…