News

PEOPLE HORSHAM CORP.

Howard Beck, David Gilmour, Robert Helman, Duke Ligon and James Tory elected to the board of directors. Camuel Zell resigned from the board.


PEOPLE VINTA EXPLORATIONS

David Yue appointed president and chairman; Barney Magnusson, executive vice-president and secretary; Ernest Cruz, vice-president of exploration; Bernard Stannus, vice- president of operations; Kagiti…


PEOPLE STIKINE RESOURCES

Norman Anderson, Stuart Angus, John Ivany, Gil Leathley and Peter Steen elected to the board of directors.



Westfield reaps profit from investments

Investments were the primary source of income for Westfield Minerals (TSE) in the first half of 1990. Westfield reported earnings of $832,000 (5 cents per share) for the six months ended June 30, comp…


VSM-Serem confirm new lens at Grevet

The latest drill results from the Grevet zinc project owned by Serem and VSM Exploration (ME) in northern Quebec have confirmed the recently discovered 97-zone is more than just a one-hole wonder. Alt…



PRODUCER PRICES (September 17, 1990)

ALUMINUM: MW U.S. Market US81.00- 83.00 cents per lb. (Aug. 30, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.00 per lb. (Aug. 30, 1990). C…


CORRECTION (September 17, 1990)

An earlier story (T.N.M., Sept. 3/90) on Inco’s (TSE) purchase of a 6% stake in Explaura Holdings (COATS) used incorrect currency symbols. Inco purchased four million shares of Explaura at 40 pence pe…


Kemess drilling cuts wide intersects

Recent drilling on the South Kemess project in the Toodoggone region of north- central British Columbia has returned wide intercepts of copper- gold mineralization. El Condor Resources (VSE) and a uni…


Insider Trading Ewanchuk profits from Corona deal

Henry Ewanchuk, a former senior executive with the Toronto- based Corona (TSE) group, recently made a substantial profit after exercising an option to purchase shares of the company at a discount to t…


New Silidor mine achieves planned production rate

Five months after entering production, the Silidor gold mine lying just outside of this city has reached its planned production capacity of 33,000 tonnes per month. The mining operation, officially op…


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