Pezim vows to fight B.C. trading ban
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…
News
Golden Bear output below forecast
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 …
LETTERS TO THE EDITOR Students voice concern over new Mining Act
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…
U.S. REPORT Noranda to explore Blue Dog
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…
LETTERS TO THE EDITOR Continental drift
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 …
Echo Bay takes $40-million writedown on Alta Bay venture
Echo Bay Mines (TSE) is taking a substantial writedown on its 40% interest in the Alta Bay joint venture this quarter. The US$39.7-million writedown, which includes half of Echo Bay’s US$41.3-million …
Pioneer settles with Pegasus
A settlement was reached between Pegasus Gold (TSE) and Pioneer Metals (TSE) which, if concluded, will eliminate all debts owed to Pegasus as well as all outstanding legal disputes between the two com…
Cyprus Gold options Tully Twp gold bets
Cyprus Gold Canada, a unit of Colorado-based Cyprus Minerals (NYSE), has optioned a parcel of promising gold claims in Tully Twp., Ont., about 25 miles north of Timmins, Ont. The first deal gives Cypr…
Toronto Stock Exchange Noranda drilling gives Christmas cheer to
Long-suffering shareholders of Denison Mines woke up during the week ended Dec. 18 to find an unexpected surprise in their Christmas stockings. It came in the form of Denison’s new President and chief…
COATS (Over-the-counter) Anglo gains exposure
In the midst of continent-wide dog-and-pony show to raise money for further exploration on the Ladner Creek gold project in British Columbia, Anglo Swiss Mining gained 5 cents on 189,783 shares to clo…
Alberta Stock Exchange Ontex gains 70 cents
A recent Ontario court decision which restored Ontex Resources’ title to the Brookbank gold property in northern Ontario boosted that company’s shares 70 cents to $2.90 in the week ended Dec. 18. The …
Labelling scrap `hazardous’ could cut smelter feed
Proposed legislation governing cross-border shipments of hazardous waste threatens to put the recycling divisions of some of Canada’s biggest mining companies out of business. The mining industry says…