John Toffan, chairman of Prime’s partner Stikine Resources (TSE), may wind up better off financially though he may never be as recognized for his role in the Eskay Creek gold discovery as Prime Resour…
W. D. Tieman has been appointed Ontario’s new Mining and Lands Commissioner, effective June 1, 1990.
William Grismer appointed president and chief executive officer succeeding William Allan who resigned. People May 22, 1990…
Contrary to what was reported (T.N.M., May 28/90), the average cost of production at Canamax Resources’ (TSE) three Canadian gold mines during the first three months of 1990 was US$372 per oz., compar…
A.M. Sinclair and Don Archibald appointed to the board of directors.
Timmins Land, a privately owned company based in Timmins, Ont., has entered into an agreement with Breakwater Resources (TSE) to buy the South Rundle mine property for $1.5 million. The 800-acre prope…
Vancouver-based Westview Resources (VSE) is funding a 10,000-ft. diamond drilling program this summer on what it considers to be a new “Lupin-type” gold deposit on the REN property in the Northwest Te…
Toronto-based Tandem Resources (ME) has arranged for a flow-through private placement of $250,000 with CMP 1990 Resource Partnership and Co. The placement is priced at the lesser of 30 cents or 95% of…
A market rally sparked by renewed optimism over the U.S. economy appeared to gain some momentum today, May 30. The composite 300 stock index, which represents a wide measure of Canadian share values, …
BGR Metals has declared a regular quarterly dividend of 25 cents per common and class A share, payable April 27, 1990.
An agreement with CMP 1990 will provide Corona (TSE) with $5 million for exploration financing. Under the terms of the agreement, Corona will receive $3.5 million from CMP in return for up to 375,110 …
Today, there may be a faint glimmer of hope for the mineral industry in its continuing concern about access to land. On March 30, the final plan for land use around the Spanish River, in the Sudbury D…
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