NEWS IN BRIEF P.T.INCO
P.T. International Nickel Indonesia (P.T.INCO) has declared an interim dividend in respect of 1990 of US35 cents, payable Oct. 25 to shareholders of record as of Sept. 25.
News
Aur, Louvem settlement could renew Val d’Or activity
All has been quiet lately on the Val d’Or, Que., exploration front as litigation over the discovery of Aur Resources (TSE) and Societe Miniere Louvem (TSE) and a lack of available funding has slowed t…
PEOPLE ARMISTICE RESOURCES
Frank Smeenk appointed director and president succeeding Harvey Atkin who has assumed the position of chairman of the board; Douglas Towers appointed a director; Stephen McIntyre and Koos Schippers re…
NEWS IN BRIEF Info-Stop Communications Inc.
Info-Stop Communications Inc. has changed its name to Alpha Gold Corp. (ALQ:VSE) with no consolidation of capital.
ROM
The mineral collection of the Royal Ontario Museum in Toronto will take centre stage in January when the mineralogy department presents its Cocktails with Curators IV. Curator Fred Wicks and his staff…
Corrections (October 15, 1990)
Deak Resources (TSE) says it will begin mining an open pit reserve of 50,000 tons averaging 0.18 oz. gold per ton at the Garrison gold project near Kirkland Lake, Ont. An incorrect figure was publishe…
PEOPLE (October 15, 1990)
RINSEY MINES Charles Main elected president succeeding Carl Schepannek who has been appointed secretary and chief financial officer; Joseph Faulkner appointed vice-president, Investor Relations.
PEOPLE NEW YORK MERCANTILE EXCHANGE
Richard Henken appointed vice-president of marketing.
Metal Prices FREE MARKET (October 15, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 9 October 8 October 5 October 4 October 3 Copper 1460-1464 1454-1456 1470-14…
Improvements continue at the Teck-Corona Williams mine.
The Teck-Corona Williams mine at Hemlo, Ont., is expected to produce about 500,000 oz. of gold this year, maintaining its 1989 status as the largest gold bullion producer in the nation. The mine’s imm…
Noble Peak releases assays from Utah polymetallic bet
Cyprus Metals Exploration and equal partner Mitsui of Japan have tabled the first results from an 8,000-ft. drill program on Noble Peak Resources’ (ASE) Crypto zinc deposit in Utah. The first of five …
New mines minister named in Quebec
A new minister for mines for Quebec has been named following a cabinet shuffle by Premier Robert Bourassa. Deputy premier Lise Bacon has assumed direct responsibility for the mines portfolio under her…