News

U.S. REPORT Placer drilling on Talapoosa project

An 8,000-ft. drilling program has started on the Talapoosa project in Lyon Cty., Nev. The U.S. unit of Placer Dome (TSE) is the operator on the property and can earn a 51% interest from Athena Gold (V…




Memorial scholarships for student engineers

Scholarships and an award program, established in memory of the women students slain at Ecole Polytechnique last year, are available for application. Two scholarships, worth $5,000 each, will be award…


Asset sales among corporate activities

By putting its oil and gas assets on the selling block at the beginning of the year, Placer Dome (TSE) signalled that it intended to stick to its core business of mining. New acquisitions, such as the…



Montreal Exchange Orex, Minnova dealing

Fresh from settling its legal dispute over the Goldboro gold project in Nova Scotia, Exploration Orex announced it is negotiating with Minnova for exploration and hopefully development of the east-coa…


Jonpol plans drilling on new claim block

Jonpol Explorations (TSE) and affiliate T&H Resources (TSE) have signed an option to acquire 25 mining claims adjacent to their gold property in Garrison Twp, Ont. The new claims, which lie to the wes…



GOLD FUNDS (December 24, 1990)

MVP BGR Central Capital Net value $9.38 $5.39 $0.26 Price $8.25 $4.850 $0.13 Discount 12.05% 10.0% 50.0% Value $55,826,331 $81,597,855 N/A…


Metal Prices FREE MARKET (December 24, 1990)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date December 18 December 17 December 14 December 13 December 12 Copper 1288-1289 1294-12…


Orex, Onitap reach agreement on suit

A legal dispute related to the Goldboro gold project in Nova Scotia has been settled out of court by Onitap Resources (TSE) and Exploration Orex (ME). (T.N.M., Dec. 17/90. Orex, which initiated the le…


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