Inco gold property open for option
Scominex, a Nova Scotian joint venture made up of Inco (TSE), government-owned Nova Scotia Resources and Husky Oil, is seeking a buyer for its gold property in the central Cape Breton Highlands, N.S. …
News
U.S. REPORT Bunker Hill seeks Chapter 11 protection while filing
In a move to buy time from creditors, Bunker Hill Mining (TSE) has filed for protection under Chapter 11 of the U.S. Bankruptcy Code. Alan Richardson, president, said the company made the move as a re…
Corona sells interest in Wharf Resources
New Venture Equities and Corona Minerals, both units of Corona (TSE), say they have sold 1.32 million shares in Wharf Resources (TSE). In a filing with the U.S. Securities and Exchange Commission, the…
OBITUARY Edwin Warren
Edwin Warren, president of Assayers (Ont.) Ltd., died recently in Toronto. He was 73. Warren graduated from the University of Toronto in 1944 in chemistry and mineralogy. He worked for Alcan, both in …
INSIDER TRADING Vaughan drops stake in Thunderwood Res.
Thunderwood Resources (TSE) director William Vaughan recently sold a considerable portion of his interest in the Toronto-based gold and base metal explorer. According to the Ontario Securities Commiss…
Montreal Exchange Paymaster work planned
While the general market portfolio index enjoyed a gain of almost 21 points for the week ended Jan. 22, the mining and minerals index slipped by more than 5 points. Daily trading volumes were erratic,…
METAL PRICES PRODUCER PRICES (January 28, 1991)
ALUMINUM: MW U.S. Market US70.00- 71.50 cents per lb. (Jan. 10, 1991). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). C…
NovaGold to drill Sears Lake property
An 800-metre drilling program is scheduled to get under way at the Sears Lake property in north- central New Brunswick this month. Geophysical surveys have outlined several anomalies similar to those …
Siderock drilling
Privately owned Siderock Gold is planning a 30-hole overburden drilling program this winter on its Joe 3 & 4 claim group situated about eight miles east of the former San Antonio gold mine in Manitoba…
NCA plans drilling at San Lazarus
A stepout drilling program is being planned by NCA Minerals (VSE) to follow up a recently completed initial drill program on its San Lazarus property in Santa Fe Cty., N.M. The company released result…
U.S. REPORT USMX hits second gold discovery on East Top property
Colorado- based USMX (NASDAQ) announced its second discovery of the year after completing a 32-hole drilling program at its East Top property in White Pine Cty., Nev. The drilling intersected a number…
EDITORIAL PAGE Retail investors
If the Ontario’s securities overseers are convinced that small investors are no longer wanted, they should go ahead with its plan to charge a flat rate of 50 cents for every trade made on The Toronto …