PRODUCER PRICES (July 22, 1991)
ALUMINUM: MW U.S. Market US60-61 cents per lb. (Jul. 2, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$3.05-3.15 per lb. (Jun. 27, 1991). CADMIUM: …
News
Van Ollie raises exploration funds
Marchment & MacKay, underwriter for Van Ollie Explorations (CDN), has exercised a compensation option to purchase 1.36 million common shares of Van Ollie at 13 cents per share. The option was granted …
INSIDER TRADING Carnell profits from Ontex shares
Johan Carnell, secretary-treasurer at Ontex Resources (ASE), profited recently after exercising options on shares of the Toronto-based exploration company. According to the Ontario Securities Commissi…
Goldstream back in operation thanks to Japanese financing
Arranging financing appears to have been the trickiest part of bringing the Goldstream underground copper-zinc mine back into production after a 7-year hiatus. Joint owners Bethlehem Resources (TSE) a…
Aber options Anki base metal bet
Calgary-based Westfort Petroleums (TSE) has agreed to finance exploration on Aber Resources’ (TSE) Anki nickel-copper property in the Northwest Territories. Under an option agreement, Westport can ear…
Pulse drilling Barb project
A field crew and diamond drill has been mobilized to the Barb property, a lead-zinc-silver project, 160 km north of Watson Lake, Yukon. Pulse Resources (VSE), a company associated with Prime Equities …
Pollution fine will likely go unpaid
St. Lawrence Fluorspar will probably never pay the $30,000 fine it was given for polluting a nearby pond, but an Environment Canada official says it was worth pressing ahead with the case anyway. The …
Industry needs to be assessed
The undertaking of a government-industry study on human resources in the mining industry was announced recently by the minister of employment and immigration, Bernard Valcourt. The 10-month review wil…
EDITORIAL PAGE Land claim settlements are overdue
Mention native land claims to anyone in the mining industry and you’re likely to get a strong response. Individuals have their personal views on the legitimacy of these claims and the political maneuv…
Newhawk, Granduc budget $1.5 million for Sulphurets
Project operator Newhawk Gold Mines (TSE) will be continuing surface geological work during the first-phase drill program currently in progress on the Sulphurets property north of Stewart, B.C. The co…
Brenda cited for reclamation
Reclamation programs from mines across British Columbia were recognized recently in Kamloops, B.C., at the 15th annual Mine Reclamation Symposium. Six companies received awards, with Brenda Mines, a r…
Aurizon options Hoblitzell claims
Having recently obtained the right to earn a 60% stake in Hoblitzell Twp. claims held jointly by Golden Dragon Resources (VSE) and Glen Auden Resources (TSE), Aurizon Mines (TSE) is preparing to start…