As one pundit put it the day after Ontario elected an NDP majority government: “It can’t mean any good for mining.” That seems to sum it up. We would be delighted if proved wrong, but the election of …
Canarc Resource Corp. — 250,000 shs offered @ $1.69 per sh. Consolidated Acorn Resources Ltd. — 1,000,000 units offered @ 40 cents per unit. American Barrick Resources Corporation — 5,000,000 shs o…
Akiko-Lori Gold Resources (VSE) has exercised its right to option a 50% interest in Lansdowne Minerals’ (VSE) Lean-To property in the Omenica district of British Columbia. Akiko can earn its interest …
The four participants in the Louvicourt Twp. base metal discovery emerged recently with a deal that removes all of the litigation surrounding the deposit, while guaranteeing Noranda’s (TSE) right to t…
Five months after entering production, the Silidor gold mine lying just outside of this city has reached its planned production capacity of 33,000 tonnes per month. The mining operation, officially op…
Henry Ewanchuk, a former senior executive with the Toronto- based Corona (TSE) group, recently made a substantial profit after exercising an option to purchase shares of the company at a discount to t…
Recent drilling on the South Kemess project in the Toodoggone region of north- central British Columbia has returned wide intercepts of copper- gold mineralization. El Condor Resources (VSE) and a uni…
An earlier story (T.N.M., Sept. 3/90) on Inco’s (TSE) purchase of a 6% stake in Explaura Holdings (COATS) used incorrect currency symbols. Inco purchased four million shares of Explaura at 40 pence pe…
ALUMINUM: MW U.S. Market US81.00- 83.00 cents per lb. (Aug. 30, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.00 per lb. (Aug. 30, 1990). C…
Equal partners Thermal Exploration (ASE) and Western Copper Holdings, an affiliate of Teck (TSE), are moving closer to a production decision at their Williams Creek copper deposit in the Yukon. The Wi…
The latest drill results from the Grevet zinc project owned by Serem and VSM Exploration (ME) in northern Quebec have confirmed the recently discovered 97-zone is more than just a one-hole wonder. Alt…
Investments were the primary source of income for Westfield Minerals (TSE) in the first half of 1990. Westfield reported earnings of $832,000 (5 cents per share) for the six months ended June 30, comp…
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