Costigan deal
Following an agreement between NovaGold Resources (TSE) and Kennecott to explore and develop the Sears Lake and Sewell Brook claims in New Brunswick, Costigan Gold (CDN) has agreed to convert its part…
News
PEOPLE INTERNATIONAL PLATINUM CORP.
Glen Varty appointed president, chief executive officer and director; Leif Bristow, Elwyn Cathcart and William Bateman appointed directors.
PEOPLE FIRST IDAHO RESOURCES
Wei Lew appointed president and director; Robert Downs appointed director.
Low metal prices stall Audrey deal
Quebec-based Audrey Resources (TSE) is close to completing the sale of its assets of the Mobrun mine and mill and its 50% interest in the 1100 project at Rouyn-Noranda, Que., to a European firm, Presi…
METAL PRICES FUTURES PRICES (July 01, 1991)
N.Y. Commodity Exchange High Low Close Week’s Change COPPER (HG) (in US cents per lb.) Jul 102.30 100.20 101.55 + 1.50 Aug 101.10 99.75 100.95 + 2.75 Sep 101…
Gaspe region prospectors hold meeting
The Association of Gaspesian Prospectors, bolstered by financial assistance from both the federal and provincial government, has grown into a vibrant organization with at least 250 members. Gathered i…
U.S.REPORT NEWS IN BRIEF Rio Algom acquires properties
A unit of Rio Algom (TSE) recently agreed to purchase all of the outstanding common shares of Uranium Resources (TSE) at US$6.40 per share. The major company already holds about 8% of Uranium Resourc…
Toronto Stock Exchange Royal Oak settles with dissidents in Pamour
The consolidation that has become fashionable lately in the gold industry gathered steam during the week ended June 25, with Royal Oak Resources cutting a deal with dissident shareholders in the Pamou…
Lower costs at White mine help Dickenson up earnings
The new management team at Dickenson Mines (TSE) has achieved a 40% jump in earnings for the first five months of the year, said Rob McEwen, chairman, president and chief executive officer at the annu…
Hyder options West Pride ground
A recently signed option deal gives Hyder Gold (VSE) the right to earn a 50% interest in the Railway-Zetu Creek property owned by West Pride Industries (VSE). The property is in the north Iskut regio…
IOCC GOLD OPTIONS (July 01, 1991)
The New York closing gold price was $364.70 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each Tuesday by the Montreal Exchange. Only th…
Alberta Stock Exchange Durga begins work
Trading moderately during the week ended June 25, Durga Resources said it is proceeding with exploration on the Chiquita mine property near Sandy Valley, Nev. The first program, which includes mapping…