On the move (November 02, 1990)
Ralph Denholm has been appointed to the position of service manager for Nordberg Machinery in Guelph, Ont. Denholm has been with Nordberg since 1969, most rcently as materials manager. This newly crea…
News
COATS (Over-the-counter) Whisper starts to shout
Little-known Whisper Lake Resources vaulted into the market this week with plans to drill some favorable anomalies on a gold property south of Chibougamau, Que. Whisper gained 15 cents for the week en…
California alone in recognizing importance of minerals
It is interesting to note that California — a state in which the mining industry finds difficult to obtain the required permits to mine — some time ago recognized the importance and uniqueness of it…
LETTERS TO THE EDITOR Governments sap industry’s vitality
I wish to address the plight of the Canadian mining industry in these troubled times. It is abundantly clear that the vitality of our industry has been sapped by severe, adverse and counter-productive…
Record production, earnings for Barrick
Record gold production, earnings and revenue were reported by American Barrick Resources (TSE) for the third quarter and first nine months of 1990. Gold output during the quarter totalled 163,366 oz.,…
Glimmer, Noranda pick up ground near Beatty-Hislop
Joint venture partners Glimmer Resources (VSE) and Noranda (TSE) have acquired another 8.5 claims around their Beatty-Hislop gold discovery near Matheson, Ont. The companies recently added the new cla…
Newfoundland first to renew MDA with federal government
Newfoundland is the first province to renew a federal-provincial agreement to stimulate mining and exploration, but the new agreement is shorter in length and financing. Newfoundland recently signed t…
Crude gears up for accelerated program at Moss Lake project
Exploration at the Moss Lake property northwest of Thunder Bay, Ont., is set to increase markedly as winter freeze-up provides operator Central Crude (TSE) with access to the choicest ground. Presiden…
U.S. REPORT Santa Fe to heap leach, expand mill at Rabbit Creek
Few mining companies would aspire to produce a projected 25,000 oz. of gold in the fourth quarter of 1990, 100,000 oz. in 1991, and 200,000 oz. in 1992 if they only started breaking the ground in the …
GOLD FUNDS (October 29, 1990)
MVP BGR Central Capital Net value $10.01 $5.54 $0.28 Price $ 9.25 $5.125 $0.14 Discount 7.59% 7.5% 50.0% Value $59,611,946 $86,224,538 N/A…
People FAIRBANKS GOLD (October 29, 1990)
Yorkton Securities Inc. appointed financial adviser.
People BALLATAR EXPLORATIONS
Robert Johnson appointed president succeeding James Watts who remains as a director.