People DUNFRAZIER GOLD EXPL.
Ivan Christopher appointed president succeeding Walter Cummings.
News
Biron drilling at Summit gold project
Biron Bay Resources (ASE) says exploration diamond drilling has resumed at its Summit gold project in the Steeple Rock mining district of New Mexico. The target of Biron’s current work is the Norman K…
Insider Trading Toffan benefitting from Eskay activity
John Toffan, chairman of Prime’s partner Stikine Resources (TSE), may wind up better off financially though he may never be as recognized for his role in the Eskay Creek gold discovery as Prime Resour…
Denison not selling coal, potash assets
Denison Mines’ (TSE) chief executive Helen Roman-Barber said the company “has not put its interests in Quintette Coal or Denison-Potacan Potash up for sale,” in response to media reports circulated la…
U.S.REPORT Uranium stock split
Dallas-based Uranium Resources (TSE) says it will seek regulatory and shareholder approval for a reverse stock split on a 4-for-1 basis. The company, using low-cost in-situ solution mining techniques,…
People MARSTON & MARSTON
Terry Kremmel appointed project manager; Scott Herr appointed project manager; Don Ewart Jr. appointed senior mining engineer; Michael Fabio appointed project engineer; Dwight Kinnes appointed senior …
Funding of bet to be eased by Westlake, Minera merger
Westlake Industries (VSE) and 23% owned Minera Rayrock (TSE) are hoping to facilitate the development of a jointly held Costa Rican gold project by merging their respective assets into a single compan…
FINANCING (June 11, 1990)
ONTARIO Tri Link Res — 1,800,000 Cl A com offered @ $4.20 per sh to net $7,106,400. VANCOUVER Rinsey Mines — 650,000 offered @ 45 cents per sh. Royce Ind — 700,000 sold for gross $245,000. Woodridg…
Belmoral sees some hope at Val d’Or
Belmoral Mines (TSE) will put all of its cash flow into the Val d’Or gold operations, Gordon Strasser, the new chief executive officer of Belmoral, told shareholders at the company’s annual meeting. “…
IOCC GOLD OPTIONS (June 11, 1990)
Options Open Series Volume Last Interest Aug. 370 C 200 8.50 200 Aug. 380 C 270 4.50 879 Aug. 390 C 114 2.50 1,210 Aug. 440 C 285 0.40 1,253 Nov. 380 C 195 13.00 200 Nov. 400 C 369 5.10 458 Nov. 410 C…
Timmins Land to buy Breakwater’s Rundle
Timmins Land, a privately owned company based in Timmins, Ont., has entered into an agreement with Breakwater Resources (TSE) to buy the South Rundle mine property for $1.5 million. The 800-acre prope…
U.S.REPORT Copper Range buys mill section for mine
For US$4 million, Copper Range Mining has purchased a 6,000-ton- per-day mill section from Round Mountain Gold. Copper Range is a unit of Metall Mining (TSE), while Round Mountain is a subsidiary of E…