Judge queries Pezim case ruling
A judge with the British Columbia Supreme Court disagrees with part of a ruling of the B.C. Securities Commission concerning a case against promoter Murray Pezim and two associates over insider-tradin…
News
FUTURES PRICES (April 22, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in UScl per lb.) Apr 108.35 108.10 108.15 +1.45 May 108.80 108.10 108.55 +1.40 Jun 108.05 107.95 108.05 +1.65 SILVER (in UScl per oz.)…
Dickenson’s gold mine at Red Lake a steady producer over the years
Right next to Placer Dome’s Campbell mine is Dickenson Mines (TSE) Arthur White mine. They are close neighbors and work essentially the same type of ore in a similar geological environment. They have …
Pair of brokers once controlled Campbell, White mines at Red Lake
Two-Up — the famous, or could it be notorious? — Australian game of chance. Place two coins on a flat stick, flip the coins and when they are in midair, make your call, “Odds” or “Evens.” Nothing co…
Goldstrike’s growing output boosts Barrick’s earnings
American Barrick Resources (TSE), the power house of the North American gold mining industry, continues to build on its own success. The Toronto-based company reported record first-quarter earnings of…
Mimiska encouraged by Nabish drilling Mimiska encouraged by Nabish
Nickel values returned from a 7-hole drilling program representing 610 metres at the Nabish Lake property near Dryden, Ont., are encouraging, Societe Minere Mimiska (ME) reported. The drilling was aim…
Codes of practice back up environment policy
As most people know by now, The Mining Association of Canada was the first national mining body to adopt an environmental policy. It was approved in 1989 and is endorsed by all MAC members. It is a co…
No comment yet on Brunswick strike
Striking miners at Brunswick Mining & Smelting’s (TSE) lead-zinc operation in New Brunswick recently voted 64% against the company’s latest offer, which included a 24% wage increase over 42 months. Re…
U.S. REPORT New assay standards available
According to the Nevada Bureau of Mines and Geology, there are widespread reports among prospectors and geologists of specific laboratories or assayers whose results are suspect, unreliable or unverif…
U.S. gold industry faces concentration
Ownership of the U.S. gold industry is likely to become increasingly concentrated during the next decade as producers grapple with rising interest charges, stringent environmental regulation and a pro…
Teck buys stake in Prime, picks up property options
Following the collapse of an estimated $5-million financing deal earlier this year with a “major mining company” widely believed to be Kennecott, Prime Equities (VSE) has negotiated a funding deal wit…
Madeleine trial postponed
Lawyers representing Madeleine Mines (TSE) will appear in court in Thunder Bay, Ont., May 7 to answer charges brought about by the Ontario Ministry of the Environment. The Toronto-based company was sc…