People GOLDCAP INC.
Arthur Fisher appointed president; Ross Glanville appointed corporate secretary and treasurer; Gary Swanson appointed chairman; Giles Peatfield appointed vice-president of exploration and a director; …
Articles by Northern Miner Staff
GOLDFUNDS2 (November 05, 1990)
MVP BGR Central Capital Net value $10.01 $5.54 $0.28 Price $ 9.25 $5.125 $0.14 Discount 7.59% 7.5% 50.0% Value $59,611,946 $86,224,538 N/A…
Mexico opens door to foreign investors
Foreign investors may be allowed to control 100% of a mining concession in Mexico for up to 12 years after Dec. 10 when the country’s new mining regulations goes into effect. The regulations were issu…
Letters to the editor Managers must be masters of their trade
In reply to Douglas Smith’s letter (T.N.M., Oct. 15/90) on mine management, I would like to note that metallurgists, maintenance engineers and others have at times made very good mine managers. Indeed…
INSIDER TRADING Cominco ups stake in Aur Resources by 150,000
Vancouver-based Cominco (TSE) recently took the opportunity to pick up some Aur Resources’ (TSE) shares. According to the Ontario Securities Commission’s OSC Bulletin, Cominco bought 150,000 Aur share…
Bema boosts reserves potential at project in Chile
Recent drilling by Bema Gold (TSE) has expanded the reserve potential of the Verde deposit, one of three known mineralized bodies on the company’s 50% owned Refugio gold property in northern Chile. Bu…
NEWS IN BRIEF Triangle Resources Inc.
Triangle Resources Inc. (TLI: VSE) has changed its name to Mortcorp Enterprises Inc. with a consolidation of capital on a 1-new-for-3-old-share basis. The new company has no further interest in mining…
NEWS IN BRIEF Fairbanks Gold Ltd.
Fairbanks Gold Ltd. (FX:VSE) has had a change in financial advisers to Yorkton Securities Inc.
Toronto Stock Exchange Indices (November 05, 1990)
Oct.30 Oct.29 Oct.26 Oct.25 Oct.24 HIGH LOW Composite “300” 3083.89 3083.35 3086.50 3129.85 3122.53 4009.47 3009.91 Metals & Minerals 2635.14 2635.71 2627.98 2689.60 2710.10 3453.06 2587.95 Integrated…
Windy extends copper zone by 400 metres
A summer drill program on the MacLeod Lake property north of Chibougamau, Que., has extended the strike length of the known zone of copper mineralization by 400 metres. Drilling to the east and west o…
Hillsborough reports increased earnings
An increase in 9-month net earnings reported by Hillsborough Resources (TSE) was recently attributed to the company’s long-term mine contracting projects. Net earnings for the nine months ended Septem…
Homestake earnings ease
The 1990 third-quarter earnings of Homestake Mining (NYSE) were US$1.7 million, compared with US$2 million reported for the comparable period in 1989. Net income for the first nine months of the year …