PEOPLE ONTARIO SECURITIES COMMISSION
Dean Kitts appointed commissioner succeeding Malcolm Taschereau; William Moull appointed vice-chairman.
News
PEOPLE PAMOUR INC.
Robert Needham appointed president and chief executive officer of Pamour Inc., Giant Yellowknife Mines, Pamorex Minerals, Mate Yellowknife Gold Mines, Akaitcho Yellowknife Gold Mines and ERG Resources…
Flagship steers away from mining sector
Unable to turn a profit in the mineral exploration sector, Flagship Resources (COATS) has joined an ever growing number of over-the-counter companies to abandon their mining interests. Flagship is neg…
Hydra entitled to royalty on Nighthawk
As part of a revised agreement with Pamorex Minerals (TSE), Hydra Explorations (TSE) will relinquish all title to the NightHawk Lake property near Timmins, Ont., in exchange for $45,000 and a royalty …
Mineta options claims to Corona
A joint venture agreement between Mineta Resources (VSE) and Corona (TSE) will give the latter company the right to earn up to a 75% interest in the Golden Loon claims by spending $1.2 million on the …
Spot prices at a glance (August 13, 1990)
Week’s Price (US) Change Gold* $384.75 + $13.65 Silver* $4.87 + $0.06 Platinum* $479.65 — $5.50 Nickel** $4.99 + $0.36 Lead** $0.40 + $0.01 Copper- $1.32 + $0.03 Zinc $0.75 + $0.05 Courtesy of Scotia…
Record production fails to improve Hope Brook results
Despite record production at Hope Brook Gold’s (TSE) underground gold mine on the southwest coast of Newfoundland, lower gold prices and high production costs continue to hurt the company’s balance sh…
Metal Prices FREE MARKET (August 13, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 7 August 6 August 3 August 2 August 1 Copper 1562-1564 1492-1550 1547-1550 15…
Noranda defers Lynne results
Further results from the Lynne project in Wisconsin, where Noranda (TSE) made a major zinc discovery in June, will not be released until Aug. 21, said Walter Nash, director of U.S. exploration. Nash s…
Golden Triangle McLeod’s home base
Projects in the Golden Triangle of northwestern British Columbia have upstaged star performers in other provinces to become Canada’s hottest plays this summer. Among them is Newhawk Gold Mines’ Sulphu…
NEWS IN BRIEF Home Lake Resources Ltd.
Home Lake Resources Ltd. (HLAK:COATS) will use $120,663 to complete a zinc evaluation and exploration program on its mineral property in the Saganagons Lake area. The money was raised after 160,350 co…
Moss-Power, NAR buy Pickle Lake bets
North American Rare Metals (ME) and Moss-Power Resources (TSE) have agreed to purchase the remaining 41% interest in the Dorothy Lake and Dobie River properties near Pickle Lake, Ont. The interest, cu…