U.S.REPORT RTZ trading on NYSE
London-based RTZ Corp. (NYSE), one of the world’s largest mining and metals companies, has recently listed its shares on the New York Stock Exchange under the symbol RTZ. The company, with nearly 50% …
News
Golden Pond options Amos nickel prospect
Tundra Gold Mines’ (VSE) affiliate, Golden Pond Resources (VSE), recently agreed to option what it regards as a promising 17,700-acre nickel property east of Amos, Que. In 1971, drilling completed on …
Gold Standard wins Mercur suit round
A U.S. judge has elected not to dismiss a lawsuit filed by Gold Standard (NASDAQ) against a British merchant banking company in relation to the Mercur gold mine in Utah. Gold Standard, an exploration …
INSIDER TRADING MinVen director adds to holdings
Judging by his recent purchase of MinVen Gold (TSE) shares, director Landon Clay is obviously bullish on the prospects for both MinVen and the price of gold. According to a recent edition of the Ontar…
Armeno signs deal with Nissho Iwai
Vancouver-based junior Armeno Resources (VSE) has formed a joint venture with a Japanese company to finance the development of a small silver-gold-lead-zinc deposit in Ecuador. Nissho Iwai of Japan ha…
Minerex ordered to pay mine contractor
A tribunal of the American Arbitration Association has ruled that Vancouver-based Minerex Resources (TSE) and the Aurora Partnership must pay nearly US$1.4 million in damages to a former contractor at…
Kookaburra exploring Hidden Valley property
Work is scheduled to begin shortly on the Hidden Valley property, 25 miles west of Smithers, B.C., and owned by Kookaburra Gold (VSE). Kookaburra plans trenching, sampling, prospecting and electromagn…
Alberta Stock Exchange Yukon raises funds
Edmonton-based Yukon Minerals has agreed to a private placement of one million treasury shares at 15 cents per share with two of the company’s directors. The proceeds totalling $150,000 will be used f…
Copper association boosts membership
The International Copper Association, based in New York, recently boosted its membership to 30 producers and nine fabricator associate members representing 17 countries with the addition of three new …
OBITUARIES (July 23, 1990)
George Neumann died recently at his residence in Arnprior, Ont. He was 74. In 1940, Neumann graduated from Queens University with a 0000,0600 B.Sc. degree in metallurgical engineering. After a stint i…
U.S. REPORT Amberquest option
An option agreement has been signed between Amberquest Resources (ME) and Pilot Plant Inc., which gives Amberquest the right to earn a 70% interest in Pilot’s 160-acre gold property in Nevada. To acqu…
Base metal prices remain strong while gold slumps
With prospects for the second half of 1990 clouded by economic recession, few mining analysts are calling for a spectacular new bull market to emerge this year. According to analysts of the London-bas…