Equity posts $16-million reclamation bond
The costs associated with closing a mine in these environmentally sensitive times have become an important issue for Equity Silver Mines (TSE). The Vancouver-based company posted a $16-million reclama…
News
Letters to the Editor No connection
I write to draw attention to an error (T.N.M., Feb. 12/90) in the article “Rio, Denison sue each other over Elliot Lake practices.” In the closing paragraph, the writer attributes the pending closure …
McNickel to earn 50% of Spud Valley bet
Toronto-based McAdam Resources (TSE) has entered into an agreement with McNickel (COATS), giving the latter company the right to acquire a 25% interest in McAdam’s Spud Valley gold property on Vancouv…
FUTURES PRICES (February 19, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb105.50 100.65 105.45 + 5.45 Mar104.40 99.00 104.20 + 5.00 Apr102.90 102.70 102.90 + 4.40 SILVER (in US cents p…
Gold funds as of Feb. 13
MVP BGR Central Capital Net value $12.72 $6.53 $0.43 Price $11.50 $6.88 $0.40 Discount 9.59% 5.3% 7% Value$75,719,542 $109,925,672 N/A…
Another Rock Room planned by NBPDA
Members of the New Brunswick Prospectors and Developers Association (NBPDA) will raffle a dore bar at the 58th annual convention of the Prospectors and Developers Association of Canada (PDAC) in Toron…
Brynelsen and Specogna honored at Cordilleran Roundup
The highlight of the annual Cordilleran Roundup held in Vancouver, B.C., each year is the presentation of the prestigious H.H. “Spud” Huestis Award and the Edgar A. Scholz Medal. Established in 1977 t…
Conwest, MRI deal
Conwest Exploration (TSE) is making a proposal to acquire a 100% interest in two affiliate companies, Mineral Resources International (TSE) and Barons Oil (TSE). Conwest already holds a 50.5% in MRI w…
Cactus-Pegasus deal
A unit of Cactus West Explorations (VSE) recently signed a letter of intent agreement with Pegasus Gold (TSE) for continuing development of its Century gold project in southwestern Idaho. Pegasus can …
First gold pour at Golden Bear
Despite a rocky start on the road to production, the Golden Bear mine in northwestern British Columbia poured its first gold bar on Jan. 31. Sized at 360 tonnes per day, the mine is operated by North …
SAM drilling at Timmins gold bet
Southern Arizona Mining & Smelting (COATS) has acquired a 19-claim gold property in Mallard Twp., near Timmins, Ont., and a 10,000-ft. diamond drilling program is scheduled to get under way this month…
COATS (over-the-counter) Milestone active
Shares of Milestone Exploration came to life recently with trading activity in the 40-55 cents range after a long period of dormancy at around the 20 cents -level. There were four transactions involvi…