Pamour assets on auction block
A Toronto-based securities firm has been retained by Giant Resources of Australia to conduct an international auction for the sale of Giant’s Canadian mining assets. Handling the auction will be Deaco…
News
NO HEADLINE (February 19, 1990)
TEXT: The Committee for Professional Registration of Geoscientists in Ontario is holding an information exchange session March 15 at the Metro Toronto Convention Centre, in Room 205BD. Representative…
Soviet changes provide opportunities for mines
This is the first of a regular monthly column by George Miller, president of the Mining Association of Canada. I recently had the opportunity to visit Moscow and Leningrad to make a preliminary invest…
AUR officers to be honored at PDAC convention in March
The two officers of Aur Resources (TSE), the junior which excited the mining world last year with the large Louvicourt Twp. massive sulphide discovery in northwestern Quebec, will share the 1990 Prosp…
Letters to the Editor Deal upsets shareholder
As a minority shareholder of both Flanagan McAdam Resources and Muscocho Exploration, I write to express my extreme displeasure with the deal made by these companies and Echo Bay Mines, the largest sh…
Battle Mountain files for public offering
Houston-based Battle Mountain Gold (TSE) has filed with the U.S. Securities and Exchange Commission for a proposed public offering of five million common shares. Goldman, Sachs & Co. will be the lead …
New decline and drift for Hecla’s Republic mine
A tour of underground and surface milling facilities at the Republic gold mine owned by Hecla Mining (NYSE) is somewhat reminiscent of a miner’s version of the popular movie Back to the Future. The mi…
Gordex Correction
A recent query on Gordex Minerals (T.N.M., Feb. 5/90) included incorrect information regarding the company’s CIP processing plant in New Brunswick. Contrary to what was printed, the CIP plant at Gorde…
Montreal Exchange Vior big trader
One hole does not make a mine, but the results of a single drill intersection in the Casa Berardi area of Quebec have created quite a stir. Project partners Inco, Cambior and Societe d’Exploration Min…
Insider Trading Bulletin Euro-Nevada boss sells on Carlin News
The well-known saying that lightning never strikes twice in the same place has obviously escaped the ears of Euro-Nevada Mining (TSE) President Pierre Lassonde. How else could one explain the company’…
Inco, Golden Knight drilling
Exploration around the Casa Berardi East and West gold mines, held jointly by Golden Knight Resources (TSE) and Inco Gold, has yielded some encouraging results. After spending $11 million on undergrou…
Alberta Stock Exchange Gowest gains 16 cents
Several junior exploration companies with interests in gold properties in northwestern Quebec made significant gains during the week ended Feb. 13. Gowest Amalgamated tacked on 16 cents to its share p…