FINANCING (June 24, 1991)
Barkhor Resources Inc. – 1,000,000 units consisting of 1 sh and 2 wts offered @ 47 cents per unit.
News
U.S. REPORT Rochester drops South Mercur
In late May, Rochester Minerals (VSE) announced it had relinquished all interest in the South Mercur gold project in Utah. The company said attempts to renegotiate the terms of the agreement with the …
American Bullion (June 24, 1991)
A private placement of 200,000 units at 50 cents each with United Mineral Services will net American Bullion Minerals (VSE) $100,000. United is a private firm wholly owned by Robert Dickinson. The uni…
Pezim group dominant in northwestern B.C. activity
The onset of summer means the start of exploration programs in northwestern British Columbia, and once again Murray Pezim’s stable of juniors appear to be the dominant group active in the region. A dr…
EDITORIAL PAGE Time for a continental nuclear energy policy
The war in the Persian Gulf should have reminded the U.S. just how dependent it is on foreign sources for its energy needs. That, in turn, should make it equally clear how desirable it is to the U.S. …
Corona subject of speculation as takeover rumors continue
The proposed merger between gold mining giants American Barrick and Newmont Mining has some industry analysts predicting further rationalization of the North American gold mining industry. Peter Mille…
NEWS IN BRIEF St Andrew puts Stock mine on hold
Citing the need to cut costs, St Andrew Goldfields (TSE) will suspend underground mining operations at the Stock Township mine just west of Matheson, Ont., for two months. In the meantime, a total of …
Miller’s Musings MAC hears why constitutional accord unlikely
At their annual meeting, held this year in Montreal on June 6, members of the Mining Association of Canada had a rare opportunity to hear an articulate analysis of the nation’s constitutional situatio…
Vancouver Stock Exchange Pockets of excitement
Despite some pockets of excitement, the general market in Vancouver was recently characterized by a local mining analyst as “bleeding badly.” Both the Vancouver Stock Exchange composite and resource i…
EDITORIAL PAGE Leading indicators
If you want numbers on the gross domestic product, on inventories, on the trade balance, employment or inflation, Statistics Canada and other sources have more than enough data to keep you busy. Unfor…
Copper price reflects trend in supply figures
Having surprised analysts with its resilience since the early stages of the recession, copper has finally reacted to the fundamentals of supply and demand. It fell through the US$1 threshold last mont…
U.S. REPORT Van Stone shows operating profit during startup
The Van Stone zinc-lead mine in northeastern Washington state produced 1,947.4 tons of zinc concentrate and 702.3 tons of lead concentrate from startup in early March to the end of May. Equinox Resour…