Montreal Exchange Changes for La Sarre
The senior mining companies fared well during the week ended April 30 in terms of trading activity, although the general daily volumes, in the range of 2.9 million to 5.2 million shares, were off from…
News
U.S. REPORT Roby Partnership, Santa Fe boost reserves at Marigold
Drilling continues on the Marigold property in Nevada where the owners, the Roby Partnership (70% interest) and Santa Fe Pacific Minerals (30% interest), have identified several zones. In addition to …
Uranium mines in Saskatchewan subject to joint environmental review
Proposed uranium mine developments in northern Saskatchewan will be subject to a joint federal-provincial environmental assessment following an agreement between the Saskatchewan and federal governmen…
Queenston, Strike plan third drilling phase at Robertson prospect
Encouraged by evidence of volcanogenic massive sulphides, partners Queenston Mining (TSE) and Strike Minerals (CDN) are planning a third drill program for their Robertson copper-zinc prospect near Mat…
Grange looks for partners (May 06, 1991)
A consulting firm was recently hired by Grange Gold (VSE), a junior company looking to investigate possible joint ventures or partnership arrangements for its 50% owned Lovitt Mining. Lovitt owns abou…
Toronto Stock Exchange Newmont drilling sparks Atlanta Gold stock
A new “socialist budget” in Ontario and a drop in both Canadian and U.S. interest rates were among the items to be considered during the week ended April 30. There was little in store for mining in an…
Atlanta moves up on Newmont deal
As European investors moved to buy up shares of Vancouver-based gold explorer, Atlanta Gold (TSE), the issue has risen to $2.85 from its April 6 trading level of $1.26 on heavy volume. Investors are b…
Vancouver Stock Exchange Takeover bid could stir market
Trading activity in Vancouver may be stuck in a sideways pattern, but some observers think things could change if a takeover battle begins to heat up over St. Philips Resources. Today, May 1, El Cond…
Pulse drilling in South Carolina
A drilling program recently commenced on the Hinson gold project, about three miles southwest of Jefferson, S.C. Pulse Resources (VSE) can earn a 100% interest in the property by making cash payment…
Inco’s Indonesian subsidiary reports lower revenue, profit
P.T. International Nickel Indonesia, the 58% owned subsidiary of Toronto-based Inco (TSE), recently reported a 48% decline in its first-quarter earnings compared with last year’s levels. P.T. Inco., w…
Black Hawk to test Kirkland Lake bet
Black Hawk Mining (TSE) says it will begin drilling on a 24-claim nickel property in McElroy Twp. near Kirkland Lake, Ont., after signing an option agreement for the claims. By spending $475,000 on e…
Mineral potential on Indian lands
Completion of a national inventory and data base which identify and rate the mineral potential for economic development on 2,267 reserves across Canada has been announced by Indian Affairs and Norther…