News


Drill program to test IP targets at Fireweed

A drill program is planned for early 1991 on the Fireweed property north of Smithers, B.C. Mansfield Minerals (VSE) granted Minnova (TSE) the right to earn a 70% interest in the polymetallic project b…


Elliot Lake to receive $15-million financing

The area surrounding Elliot Lake, Ont., will receive $15 million from the provincial government to help diversify and revitalize its economy after a series of job losses at the community’s uranium min…


Noranda drills copper-gold bet

Drill results were released by Yellowjack Resources (VSE) from a recent drilling program carried out by a unit of Noranda (TSE) on the Katie porphyry copper-gold prospect near Salmo, B.C. Four anomalo…


Orcana, Morgain drop Findore bet

Toronto-based Findore Minerals (COATS) says Morgain Minerals (VSE) and Orcana Resources (VSE) have dropped their option to earn 65% on five patented Garrison Twp., Ont., claims which Findore holds und…


Agnico chief tells board of illness

The board of directors of Agnico- Eagle Mines (TSE) was recently told that the company’s president and chief executive officer, Paul Penna, is being treated for cancer. In a press release from the gol…


IOCC GOLD OPTIONS (January 07, 1990)

Options Open Series Volume Last Interest Feb. 360 C 50 36.50 303 Feb. 380 C 47 20.50 940 Feb. 400 C 85 10.00 1,925 Feb. 410 C 40 6.75 1,568 Feb. 420 C 72 5.25 2,280 Feb. 430 C 125 3.00 635 Feb. 460 C …


Ruling clears the way for FirstMiss spinoff

First Mississippi (NYSE) hopes to spin off its gold mining subsidiary, FirstMiss Gold (NASDAQ), some time in 1991, the company says. The resource and technology company recently received a long- await…



Coral to sell Loco property

An agreement was reached between Coral Gold (TSE) and Avino Mines and Resources (VSE) over the sale to Avino of the company’s 30% interest in the Loco property. Avino will pay Coral $278,000 in cash p…


New technologies to refine gold, pgm

The Department of Mining & Metallurgical Engineering at McGill University will hold a seminar, April 29-May 1. Topic is “refining and recycling of precious metals — a technology update.” The seminar …


Toronto Stock Exchange Indices (January 07, 1990)

Jan. 1 Dec. 31 Dec. 28 Dec. 27 Dec. 26 HIGH LOW Composite “300” Holiday 3256.75 3237.46 3233.69 Holiday 4009.47 3009.91 Metals & Minerals Holiday 2739.73 2727.00 2742.94 Holiday 3453.06 2502.63 Integr…


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