Newmont declares quarterly dividend
The board of directors of Denver- based Newmont Mining recently declared a regular quarterly dividend of 15 per share of common stock, payable Dec 9 to shareholders of record at the close of business…
News
Editorial Tomorrow’s leaders
Thomas Meyer wants someday to be a mine manager and Craig Bournes wants to study rock mechanics. The two second- year students at the University of Toronto will likely attain those goals and the minin…
Westmin/Nexus exploration tunnel on schedule
The exploration tunnel at the Debbie gold project on Vancouver Island is proceeding “on schedule and on budget” say partners Westmin Resources (TSE) and Nexus Resource Corp. (TSE). Designed to access …
Monique financing (November 14, 1988)
A financing to allow Monique Exploration (ME), formerly Monicor Exploration, to increase its interest in the Monique gold property east of Val d’Or, Que., is being arranged by the company. A prelimina…
Skukum, Berglynn cut wide sections, good grade
Several high grade drill hole intersections were reported by 50/50 partners, Skukum Gold (VSE) and Berglynn Resources (VSE) from the newly discovered Goddell Gully structure on their joint-ventured pr…
Calpine plans to drill deeper at Eskay Creek
A diamond drill with greater depth capacity is being moved into the Eskay Creek project of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) 60 air miles north of Stewart, B.C. A satellite…
Gunnar, Mill City raise $2 m to explore Fifteen Mile bet
A fifth company has been signed up by Gunnar Gold (TSE) and Mill City Gold (ME) to participate in Pan East Resources’ (ASE) Fifteen Mile Stream gold exploration project in Nova Scotia. In return for p…
Agnico-Eagle to sell real estate holdings
A lucrative offer for Agnico-Eagle Mines’ (TSE) Ontario real estate holdings has proved too good to refuse. Agnico-Eagle says it will sell the holdings which include a parcel of industrial land in Sca…
Dispute holds up Dome Mountain project
The ongoing dispute among the participants in the Dome Mountain project is heating up, and in the process holding up construction of the new gold- silver mine near Smithers, B.C. The project has minea…
Metals used in health and medicine
Laying in a United States hospital bed after emergency abdominal surgery recently, I got to wondering about the role of metals and their compounds in our bodies and in their deliberate application to …
Cream-colored cans clue to mysterious diamond rush
Maxim Pellack’s doubters may have been legion, but that didn’t dissuade him from his belief that Prince Albert, 150 km north of here, and better known for its wheat fields, was in fact diamond country…
COATS trading features (November 14, 1988)
A cease trade order was issued by the OSC this week against Carolin Mines for failure to file financial statements. Carolin closed in the 60 to 70 range when trading was stopped. The company has been…