PEOPLE YUMA GOLD
James Hirst appointed president succeeding Michael Philpot.
News
PEOPLE TROPICANA DEVELOPMENT
R. MacNeil appointed director succeeding Timothy Delaney who resigned.
First week in June set for Ontario Mining Week
The Ontario Mining Association, in co-operation with the Prospectors and Developers Association of Canada, Ontario’s Ministry of Northern Development and Mines, the Canadian Institute of Mining, Metal…
Aurtec plans final feasibility in Gabon
Aurtec Mining Development (ME) is trying to raise $500,000 to conduct a final feasibility study on its Bakoudou gold property in Gabon, Africa. Detailed exploration work on the property has outlined a…
Simkar project ships first ore to Belmoral mill
Production recently commenced at the Simkar gold mine of Ronrico Explorations (VSE) following the shipment of 10,500 tons of ore and development muck to Belmoral’s (TSE) mill near Val d’Or, Que. Ronri…
Pioneer settles with Westmin
A tentative agreement between Westmin Resources (TSE) and Pioneer Metals (TSE) calls for Pioneer to transfer to Westmin its 40% interest in the Premier Gold project near Stewart, B.C. In return, Westm…
Unlisted Trading Swansea secures loan
A private Australian company has agreed to provide a $150,000 loan to finance development at Swansea Gold Mines’ Ruby Creek gold prospect near Wisdom, Mont. The property hosts a 2.56-million-cubic-met…
Westmin plans May startup for Tenajon’s SB
Operator Westmin Resources (TSE) plans to begin mining the 35 zone on the SB property before mid-May of this year, with the first batch of ore scheduled to be milled in mid-July. The company is earnin…
Financing agreement will let Nugget Pond work resume
An agreement in principle has been reached between privately owned National Mineral Corp. and Bitech Corp. (ASE) that will see exploration work resume on the latter’s Nugget Pond gold property in nort…
Insider trading Inco insider sells at discount
Driven by threats of a miners’ strike in the Soviet Union, shares of Toronto-based Inco (TSE), the western world’s largest nickel miner, recently equalled their high for the year of $39.63. However, a…
Placer Dome upsstake in Cache
Vancouver-based Placer Dome (TSE) recently increased its stake in Cache Explorations (ME) to 20.5% from 12.5% by purchasing an additional 600,000 shares of Cache at $1 per share. Cache shares recently…
METAL PRICES FREE MARKET (April 15, 1991)
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 9 April 8 April 5 April 4 April 3 Copper 1353-1356 1374-1375 1371-1372 1370-137…