Status of rhodium likely to increase
Rhodium will probably be upgraded to primary metal status as a result of this year’s surge in the rhodium price. At least two new mines in South Africa will probably concentrate on rhodium rather than…
News
EDITORIAL Buying back shares adds liquidity
Cash is king, they say, and the truth of that homily is reaffirmed each time the stock market slumps. Those that have cash can ride out the rough times, pick up bargains and generally look after the b…
Red Lake working to broaden tax base
Annual exploration expenditures in the Red Lake district of Northwestern Ontario hit a peak in the $45-million range during the heyday of flow-through share funding and exploration was, at that time, …
Ontario Mining Week launched to raise public awareness
Ontario’s first ever Ontario Mining Week, Oct. 15-19, has been launched with proclamations by the Minister of Mines and by the mayors of 36 mining municipalities. Events during the week, sponsored by …
Rouyn Mining part of research effort
Rouyn Mining Resources (TSE) has joined forces with the Quebec Industrial Research Centre in an effort to improve the efficiency in mining methods of vein type deposits. The pair will build a movable …
Langmuir nickel production near – Low-cost access to orebody
The Langmuir No. 1 deposit of Timmins Nickel (TSE) should be in full production by mid-November, The Northern Miner learned during a visit to the project, 14 miles south of here. The company is curren…
Geddes confirms third zone at Windy Craggy
The discovery of a third massive sulphide zone at the Windy Craggy project in the far northwestern corner of British Columbia is being viewed by Geddes Resources (TSE) as an important new development….
Government inaction threatens to lead to the demise of junior
This excerpt is taken from “Working Together,” a brief presented by the Prospectors and Developers Association of Canada to the 47th Mines Ministers Conference at Winnipeg, Man., Aug. 28, 1990. The ca…
FINANCING (October 08, 1990)
Pacific Summa Capital Corp. — 200,000 shs offered @ 50 cents per sh. AIC International Resources Corporation — 300,000 shs offered @ 35 cents per sh. Tyme Resources Ltd. — 700,000 shs offered @ 20 …
NEWS IN BRIEF Canadian-United Minerals
Canadian-United Minerals, Inc. (CUN:VSE) has changed its name to Mansfield Minerals Inc. (MDR:VSE) on a 1-new-for-5-old- share basis. One third of the company’s interest in its Come Mountain property …
NEWS IN BRIEF Christina Exploration Ltd.
Christina Exploration Ltd. (KRX:VSE) has changed its name to I.E.S. Technologies Corp. with no consolidation of capital. Transfer agent is Pacific Corporation Services.
PEOPLE PACIFIC GOLD
Douglas Hooper appointed to the board of directors and on an interim basis, appointed president by the board.