People Emerald Star Mining Explorations
Norris Proskin appointed a director succeeding Rodney Smith.
News
Minera proceeds with Ivan study
Toronto-based Minera Rayrock (TSE) says initial capital costs to build a new copper mine at 100% owned Ivan property in Chile are estimated at US$19.5 million, including US$3 million for working capit…
Longold acquires Benoit properties
Vancouver-based Longold Resources (VSE) has acquired two properties in Benoit Twp., Que. where several juniors have recently become active following a recent gold discovery by TSE-listed Freewest Reso…
Alberta Stock Exchange Gold stocks fade
During the report period ended March 19, the price of gold bullion remained in the doldrums at around US$364 per oz., causing several speculative mining stocks to drift lower amid lacklustre trading. …
Noranda reports Lynne reserves, limited potential seen for increase
Results from the first 39 holes completed at the Lynne project in Oneida Cty., Wis., indicate the property contains preliminary reserves of 6.14 million tons grading 7.10% zinc, 0.34% copper, 1.84% le…
Mine management course offered
For senior managers who are interested in self-development, the Coopers & Lybrand Consulting Group is holding a 3-day mining management course in Toronto next month. The course, which is geared toward…
PRODUCER PRICES (March 25, 1991)
ALUMINUM: MW U.S. Market US70.5-71.5 cents per lb. (Mar. 7, 1991). ANTIMONY: New York dealer US86-88 cents per lb. (Feb. 28, 1991). BISMUTH: New York dealer US$2.80-2.90 per lb. (Jan. 31, 1991). CADMI…
Phelps, Scotia plan to drill targets
Phelps Dodge of Canada, a unit of Phelps Dodge (NYSE), has signed an agreement to option a 51% interest in each of three Nova Scotia properties from Scotia Prime Minerals (ASE). The agreements pave th…
Thunderwood aims to drill gold, base metal prospects
Working hard to become an operating mining company in the near future is Thunderwood Resources (TSE). Management’s goal is to aggressively develop top quality mineral properties in areas with establis…
Busby steps down from juniors
Donald Busby, a well-known promoter and financier, has resigned as a director of International Mahogany (TSE) and Kap Resources (VSE). International Mahogany holds a 70% interest in the Jolu gold mine…
U.S. REPORT Pegasus to option Fischer property
A letter of understanding has been signed by Pegasus Gold (TSE) and Fischer-Watt Gold (NASDAQ) allowing Pegasus to earn a 77% interest in the Emigrant Gulch prospect in Park Cty., Mont. To earn the in…
U.S. REPORT Bend project-Wisconsin NDU seeks partner for expensive
Vancouver-based NDU Resources (VSE) is seeking a major partner to finance its share of exploration and development on the Bend copper-gold deposit in Taylor Cty., northern Wisconsin. To date, NDU has …