News

Cologne trade fair

Geotechnica, the international trade fair and congress for geosciences and technology, will be held Sept. 18-21, 1991, at Cologne, Germany. Participating countries include Australia, Germany, Britain,…


NEWS IN BRIEF Home Lake Resources Ltd.

Home Lake Resources Ltd. (HLAK:COATS) will use $120,663 to complete a zinc evaluation and exploration program on its mineral property in the Saganagons Lake area. The money was raised after 160,350 co…


Moss-Power, NAR buy Pickle Lake bets

North American Rare Metals (ME) and Moss-Power Resources (TSE) have agreed to purchase the remaining 41% interest in the Dorothy Lake and Dobie River properties near Pickle Lake, Ont. The interest, cu…


Toronto Stock Exchange Indices (August 13, 1990)

Aug. 7 Aug. 6 Aug. 3 Aug. 2 Aug. 1 HIGH LOW Composite “300” 3470.68 Holiday 3516.94 3546.97 3569.15 4009.47 3334.13 Metals & Minerals3189.64 Holiday 3295.38 3350.09 3382.78 3453.06 2850.84 Integrated …


Anglo has trouble wedging drill hole

Anglo Canadian Mining (TSE) has experienced some difficulties while wedging a second drill hole on its MWF gold property near Timmins, Ont., where Anglo is spending $250,000 to earn a 50% project inte…


Dickenson, Wharf boost production

Net earnings of $2.3 million (13 cents per share) on revenue of $32.7 million were reported by Dickenson Mines (TSE) for the first six months of 1990, compared with net income of $6.6 million (40 cent…


Cambior will fund Lac Knife

A partner has been lined up by Societe d’Exploration Miniere Mazarin (ME) to bring its Lac Knife graphite project near Fermont, Que., into production. Gold producer Cambior (TSE) has agreed to fund th…


PRODUCER PRICES (August 13, 1990)

ALUMINUM: MW U.S. Market US73-75 cents per lb. (Jul. 26, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Jul. 5, 1990). CADMIUM: …


Royal Crest loss

Toronto-based Royal Crest Resources (COATS) continues to lose money as it enters the second half of 1990. For the nine months ended May 31, Royal Crest reported a net loss of $4,202 compared with a lo…


Lyon raises financing for Costa Rican bet

A recent issue of $675,000 worth of flow-through financing will allow Lyon Lake Mines (ME) to proceed to the feasibility stage on the Beta Vargas gold deposit in Costa Rica. Lyon Lake can earn a 50% i…


PEOPLE PAMOUR INC.

Robert Needham appointed president and chief executive officer of Pamour Inc., Giant Yellowknife Mines, Pamorex Minerals, Mate Yellowknife Gold Mines, Akaitcho Yellowknife Gold Mines and ERG Resources…


Iskut J.V. drilling north of Snip

The initial phase of drilling on the Iskut Joint Venture Project has been completed. The project is an equal joint venture between Prime Resources Group (VSE), American Ore (VSE) and Golden Band Resou…


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