OSC rules on Barbour
The Ontario Securities Commission has suspended the personal trading rights in Ontario of Noranda (TSE) officer Wilson Barbour for two years and his trading in securities on behalf of his company’s pe…
News
U.S.REPORT Fairbanks outlining large gold system on Fort Knox
Encouraged by results from this year’s drill program, Fairbanks Gold (VSE) is optimistic of a significant increase in the size and extent of the Fort Knox “porphyry” gold discovery near Fairbanks, Ala…
50th anniversary at Noranda High
Noranda High School, founded 50 years ago, will have a reunion in Rouyn-Noranda, Que., Aug. 3-6. Many of its graduates are now in the mining or mining-related professions. Some hold important position…
Partners fail to duplicate earlier results from Fontana
With the completion of five additional holes on the Fontana property on northwestern Quebec, Bay Resources and Services (ASE) has been unable to reproduce the exciting results that raised a stir in th…
Geophysics reunion planned at U of T
Former students, faculty, associates and friends of geophysics at the University of Toronto are invited to attend a reunion Nov. 2-4 marking the sesquicentennial of the discipline’s study at the unive…
Onitap is named in Orex lawsuit
Legal proceedings have been instituted by Exploration Orex (ME) against Onitap Resources (TSE), Narex Ore Search Consultants and the president of Onitap and Narex, Karl Naert, over the Goldboro gold p…
IOCC GOLD OPTIONS (July 16, 1990)
Options Open Series Volume Last Interest Aug. 360 C 118 6.70 381 Aug. 370 C 78 2.70 596 Aug. 380 C 29 1.30 763 Nov. 350 C 47 21.50 63 Nov. 380 C 38 7.00 381 Nov. 390 C 55 5.00 351 Nov. 400 C 86 3.60 7…
Drill program starts at Cat Mountain
The area surrounding the Mt. Milligan gold- copper project north of Prince George, B.C., is expected to be a busy exploration camp this year, second only to the “Golden Triangle” in the northwestern c…
International Platinum seeks $5 million to fund exploration
When International Platinum (TSE) President John Hansuld goes to the risk capital markets in New York and London this year, he hopes to come away with more than $5 million. “Our priority is to maintai…
PEOPLE DORSET EXPLORATION
Edward Molnar appointed president and chief executive officer.
PEOPLE GOLD CANYON RESOURCES
Michael Levinson appointed director and chairman of the board.
EDITORIAL Interest rates must come down quickly
The time is right for Bank of Canada Governor John Crow to ease up on interest rates. Fighting inflation may have been sufficient reason to jack up rates during the past two years. Today, the threat o…