Quartz Mountain to drill TAY-LP
An exploration program to consist primarily of drilling is slated to begin early next year on the TAY-LP claims held by Pacific Comox Resources (VSE). The company acquired its interest in the claims f…
News
Noranda drops Deception Lake
After completing a 2-hole, 400-metre diamond drill program on the Deception Lake property this summer, a unit of Noranda (TSE) decided not to proceed with the formal option agreement with Pine Channel…
Forward selling dulls gold’s volatility
One of the most hotly debated investment topics in recent weeks has been the question of why gold bullion failed to stage a dramatic rally in the wake of the Kuwait crisis. Gold, traditionally a barom…
Hall of Fame inducts eight
The Canadian Mining Hall of Fame welcomed eight new inductees (five posthumously) at its second annual dinner at Toronto’s Royal York Hotel in January. The three surviving members inducted were Eldon …
Goldcorp boosts Platinova holdings
The recent purchase of about 2.2 million shares of Platinova Resources (TSE) has given Goldcorp Investments of Toronto a commanding direct and indirect interest in the junior. Goldcorp said it acquire…
METAL PRICES FUTURES PRICES (December 31, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec 112.50 114.20 112.60 Jan 111.50 113.30 111.50 Feb 112.00 112.30 112.00 SILVER (in US cents per oz.) Dec 410.0…
1990 _ A look back Flamboyant west-coast promoter among year’s top
Some of the key players of previous years returned to centrestage in 1990, each with a new role. Under the spotlight was Vancouver promoter Murray Pezim — this time the target of a British Columbia S…
U.S. REPORT Hecla’s Republic mine draws interest to northern
The Republic district in northeastern Washington State is being given a close look by a growing number of mining companies hoping to duplicate the success encountered by Crown Resources (VSE) on sever…
NEWS IN BRIEF High Level Resources Ltd.
High Level Resources Ltd.(HLR:VSE) has changed its name to Colorfax International Inc. with a consolidation of capital on a -new -for-4-old-share basis. The new company has no interest in mining. 0303…
Adelaide problems ironed out
A settlement has been reached between Gold King Consolidated (VSE) and the mining contractor at the Adelaide Crown gold mine in Nevada. Operations at the mine were suspended recently as a result of a …
Alberta Stock Exchange Valdez gains 14 cents
A recent upward trend in the price of gold bullion helped boost the shares of Valdez Gold 14 cents higher to the 44 cents level during the week ended Dec. 24. Valdez, an indirect wholly owned unit of …
Toronto Stock Exchange Profit-takers spell end to brief gold price
It is, as they say, the season to be jolly. But as the Christmas festivities moved into full swing during the week ended Dec. 24, mining executives were contemplating what moves to make after the turk…