Placer `monitoring’ Newmont situation
Placer Dome (TSE) Chairman Fraser Fell has refused to comment on recent reports that his company is interested in acquiring Consolidated Gold Fields’ 49% stake in Newmont Mining Corp. of New York, N.Y…
News
B.C. & Yukon Chamber of Mines’ awards
British Columbia native Edward (Ted) Chisholm and Chester Millar were the recipients of the British Columbia and Yukon Chamber of Mines’ most presitgious awards. This year’s recipient of the annual H….
Feasibility study planned for Platoro mine project
The discovery of a new higher grade zone at the Platoro mine property in southern Colorado was among a number of recent positive developments prompting Panorama Resources (VSE) to initiate a prelimina…
Pegasus/USMX plan merger
A merger is planned between Pegasus Gold Inc. (TSE) and an affiliated company, Denver-based USMX Inc. (NASDAQ). Under the proposed merger arrangement, Pegasus will acquire the remaining 65% of USMX it…
Metals Page Palladium showing a lot more promise
Most people have little knowledge or appreciation of the five “other” platinum group metals and only a few know how to make money out of any of those noble metals in the market. The most important of …
Letter to the Editor Metalore counterclaim against Ontex to
The January 23 issue of The Northern Miner carried an article on Ontex Resources with several slanted references to Metalore Resources (“Ontex completes financing, continues suit against Metalore”). F…
Neptune’s Colomac project at mercy of a frozen road
From the vantage point of a corporate boardroom in downtown Toronto, the plan sounds straight forward enough. Over the next 12 months, Neptune Resources (TSE) will deliver $25 million worth of equipme…
INSIDER TRADES (February 06, 1989)
Augdome — G. Chilian bought 200,000 (amended, Dec) @ 30 cents to hold 700,974. Bitech — G. Angelov sold 83,000 (Dec) @ 55 cents -82 cents to hold 245,924. Breakwater — N. Goodman bought 22,470 (Nov…
Letter to the Editor Provincial parks ban (February 06, 1989)
The handwriting is on the wall for mining and timber companies in northern Ontario. Mr Bradley with glee announced that there would be no hunting, trapping, logging or prospecting in 53 new provincial…
Corona bids cash for Dickenson
An all-cash takeover bid for the B shares of Dickenson Mines (TSE) and the common shares of Dickenson-associated company Kam-Kotia Mines (TSE) has been made by Corona Corp. (TSE). It marks the second …
Sun River eyeing production from Arizona mine (February 06, 1989)
Based on a recent positive pre- feasibility study, Sun River Gold Corp. (VSE) is projecting a production rate of 400 tons per day for its United Western Mine gold deposit located near Oatman, Ariz. Th…
PGW compiling magnetic map of African continent
By 1991 exploration geologists will have access to high-definition color maps showing the regional geological features of the continent of Africa. Toronto-based geophysical consultants Paterson, Grant…