Bridger seeks damages from Teck
An action for damages was recently filed by Bridger Resources (VSE) against Teck (TSE) in the Supreme Court of British Columbia relating to the La Pepa gold mine project in Chile. Bridger held a 68% i…
News
Princeton losses on the rise
Revenues for the 1991 third quarter ended Sept. 30, were down sharply for Princeton Mining (TSE), falling to $12.5 million from $33.6 million in the third quarter of 1990. The drop is primarily the re…
Hall of Fame ponders list of 16 nominees for 8 openings
Departing from its previous procedure, The Canadian Mining Hall of Fame has announced the names of all nominees for induction. Of the 16 names put forward, eight successful candidates will be announce…
Robex, Bateman in option deal
An option to earn a 25% interest in property in Roy and Mckenzie twps. in the Chibougamau area of Quebec has been acquired by Ressources Robex (ME) from Bateman Bay Mining (ME). To earn its interest, …
Royal Oak stakes at Shining Tree
Royal Oak Mines (TSE) has staked 123 claims in the Shining Tree area of northeastern Ontario following Fort Knox Gold Resources’ (TSE) discovery of ore-grade nickel and copper mineralization on its pr…
Pre-concentration method could reduce Sikaman costs
A 3-year extension was recently given to Sikaman Gold (TSE) on its option to bring the Snow Lake tailings project into production after tests showed that an alternative pre-concentration method could …
Unlisted Trading (November 18, 1991)
The results of a bulk-sampling program on Swansea Gold Mines placer property near Wisdom, Mont., indicate that the gold-bearing material has an average recovery of 0.055 oz. gold per cu. yd. The resul…
Cambior reports higher gold output
Higher output was reported by Cambior (TSE) for the third quarter of 1991 but net earnings decreased. The gold producer attributed the earnings dip to a large drop in the net selling price for gold du…
Tantalus earning Jamaican interests
In what may be the start of an area play, Tantalus Resources (VSE) has reached an agreement in principle with a subsidiary of Citadel Gold Mines (TSE) to acquire a 100% interest in that company’s pros…
Westar reports more losses
An increase in the value of the Canadian dollar as well as a drop in coal shipments and price pushed Westar Mining (TSE) into a loss position. The company reports a loss of $1.6 million in the third q…
Black Cliff plans feasibility study
A feasibility study will be performed on two properties in Chile by Fluor Daniel Wright Engineers, Black Cliff Mines (TSE) reports. The study on the Los Loros and Los Carrera properties in the South A…
PROFILE (November 18, 1991)
Discouraged by Maine’s cumbersome permitting processes, mining companies have shunned the state for more than a decade. On July 31 when Maine replaced the various sets of regulations with a single leg…