NEWS IN BRIEF Teeshin Resources Ltd.
Teeshin Resources Ltd. (TEE:VSE) has changed its name to Habsberg Resources Inc. (HAB:VSE) with a consolidation of capital on a 1-new-for-8-old-share basis. The transfer agent is Central Guaranty Trus…
Articles by Northern Miner Staff
Mimiska plans work program
An electromagnetic survey undertaken at the Pusticamica property in Mountain Twp. in northwestern Quebec identified three strong bedrock conductors, Societe Miniere Mimiska (ME) reported. The company …
NO HEADLINE (May 27, 1991)
TEXT: GOLD FUNDS…
Denison to sell Zemex interest
An agreement to sell its 33.9% interest in Zemex Corp., a producer of industrial minerals and mineral powders in the U.S., for US$8.6 million has been entered into by Denison Mines (TSE). In addition…
Kennecott, NovaGold form joint venture on Sewell Brook
Kennecott Canada, the recently revived exploration arm of Kennecott, is planning to make a substantial investment in the Plaster Rock area of New Brunswick. As part of a recent agreement, Kennecott w…
Smelter problems for Falconbridge
Production problems were recently experienced by Falconbridge at the company’s Sudbury smelter. The nickel producer, owned 50-50 by Noranda Inc. and Trelleborg AB, said the smelter’s number one furn…
Sale of Chilean deposits extended
Potential buyers will have until the middle of June to make offers for certain Chilean gold properties held by Cominco Resources International (TSE) and a joint venture partner. The partners are join…
Moving up the environmental spectrum
Endorsing the concept of sustainable development implies that a company will make a commitment to “develop management skills to a level comparable with those we use in economic management,” says the G…
Kingswood takes options on gold prospect
Kingswood Explorations (ASE) has acquired an option to earn a 100% interest in a gold property straddling Bryce, Truac and Robillard twps., 5.5 km north of Heather Lake, Ont. Based on recommendations…
Spectrum changes
Spetrum Gold (ME) is proposing a consolidation and reclassification of its A shares on the basis of one common share for each two A shares outstanding, and a company name change. A $300,000 private pl…
International gold show in Boston
An “international outlook” focusing on the gold-mining scenes in the U.S., Latin America, South Africa and Australia will be on the agenda of the annual Boston Gold Show set for June 5-7 in the Massac…
Diana awaiting results of deep holes on Chevrier bet
Vancouver-based Diana Resources (VSE) is awaiting the completion of a deep hole next to its Obatogamau property near Chibougamau, Que. Collared to test extensions of the zone Chevrier, a discovery ma…