EDITORIAL Encouraging signs
When it comes to environmental trends, the U.S. is often a few steps ahead of Canada. So it is good to see some indications that environmental activism in the U.S. is not entirely driven by hysteria. …
News
Manitouwadge miner takes cabinet post
Gilles Pouliot, 48, MPP for Lake Nipigon, has been appointed mines minister for Ontario. Pouliot, a miner who has spent the last several years in Manitouwadge, Ont., will take over from the former min…
PEOPLE PACIFIC GOLD
Douglas Hooper appointed to the board of directors and on an interim basis, appointed president by the board.
Work suspended
Mill construction at the Ray copper mine expansion in Arizona has been temporarily suspended pending the resolution of an issue related to permitting at the site, Asarco (NYSE) reports. The company sa…
Montreal Exchange Drilling at Douay
The mining and minerals index tumbled by almost 62 points during a week in which gold briefly topped the US$400 mark. The general market portfolio index fared much better, moving up by 18.4 points. Fo…
Metal Prices FREE MARKET (October 08, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 2 October 1 September 28 September 27 September 26 Copper 1502-1504 1474-147…
Lytton to buy more Tagish shares
The Toronto and Vancouver Stock exchanges have accepted the filing of an agreement that will allow Lytton Minerals (TSE) to increase its holding in Tagish Resources to one-half the outstanding shares …
Gulf developing reserve on McLymont
Drilling on the McLymont Creek property, owned by Gulf International Minerals (VSE), is continuing to return good gold values. The property is in the Iskut River area of northwestern British Columbia….
Eastmaque drilling encouraging
Recent drilling on the Oro Cruz property is returning encouraging results. The project is a joint venture between Eastmaque Gold Mines (TSE), which holds a 44% interest, and Morrison-Knudsen (NYSE), w…
OBITUARY Charles Penney
Charles Penney, noted member of the Canadian mining industry, died recently at home in Tsawwassen, B.C. He was 76. Penney, a graduate from Queen’s University, came from Carbonear, Nfld. Among the proj…
PEOPLE WIRLWIND RESOURCES
Robert Barbero and Chet Idziszek appointed directors succeeding Arthur Clemiss who resigned.
Not talking, say Sherritt and Falconbridge
Speculation that Toronto-based Sherritt Gordon (TSE) and Falconbridge Ltd. are set to embark on a joint venture designed to feed Sherritt’s Alberta nickel refinery have been denied by officials from b…