St. Phillips to acquire Stork
Subject to regulatory approval, St. Phillips Resources (VSE) has negotiated the acquisition of Stork Resources through a share issue. St. Phillips will issue the private company’s shareholders 600,000…
News
Access to land, capital prominent issues in 1991
With 1990 behind us, it is appropriate to review two issues of last year that stood out and are likely to remain prominent in 1991 for not only British Columbia but Canada as a whole — access to land…
Anglo completes drilling program
Having completed the first stage of exploration work on the MWF property in Matheson Twp. near Timmins, Ont., Anglo-Canadian Mining (TSE) reports a final narrow, gold-bearing intersection. Hole No. 11…
Golden Marlin has Northwest assays
A Saskatoon, Sask., company Golden Marlin Resources (VSE), says it has received check assays on several samples extracted from its Northwest gold joint venture with Cameco near Yellowknife, N.W.T. Cam…
Kennecott brings Canadian unit back to life
The long-dormant Canadian subsidiary of Kennecott Corp., backed by its parent company’s renewed commitment to exploration, is beefing up staff, dusting off a decades- old inventory of properties and j…
Belmoral selling 45% stake in Roddy to Metals Research
Belmoral Mines (TSE) has reached an agreement with U.S. company Metals Research (NASDAQ) to sell almost all of its interest in Arizona heap leach gold miner Roddy Resources (TSE). Under the agreement,…
Metal Prices FREE MARKET (January 07, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 1 Dec 31 Dec 28 Dec 27 Dec 26 Copper N/A N/A 1328-1330 1339-1340 N/A Lead N/A N/…
Editorial Mining will survive this recession, too
Old ideas die hard, and one that seems to be taking an inordinate amount of time on its way to the grave is the idea that mining is a dying industry. Remember the “Death of Mining” headlines in the ea…
BOOKS IN REVIEW Guide to international miners
A guide to the international mining community, Mining 1991 is a useful source for those with a global outlook. This annual lists more than 700 public, state-owned and privately held companies, with ad…
Brinco completes acquisition
With the tender of 97.4% of the outstanding shares of Western Canadian Mining, the company’s major shareholder, Consolidated Brinco (TSE), can proceed with its reorganization plan. Shareholders were o…
METALS PRICES PRODUCER PRICES (January 07, 1990)
ALUMINUM: MW U.S. Market US70.25- 71.75 cents per lb. (Dec. 20, 1990). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). C…
Goldteck served Ministry notice
The Ontario Ministry of the Environment recently served Goldteck Mines (TSE) and two of its officers with a notice of its intention to ask the company to take certain steps relating to the overflow of…