Antioch seeks funds for N.S. Mines
Westminer (Canada) may have done another company a favor when it abruptly dropped an option on the Logan gold property here in November, 1988. Its sudden departure, after spending $5 million on drifti…
News
Correction (December 04, 1989)
Contary to what was reported (N.M., Nov 27/89), NovaGold Resources (TSE) President Gerald McConnell currently holds 577,000 of the company’s shares. Secretary-treasurer Angus McIssac holds 758,837 Nov…
Brazil Gold ’91
Brazil Gold ’91, an international conference on the geology, genesis and exploration of gold deposits, is scheduled to take place May 7-22, 1991, at Belo Horizonte, Minas Gerais, Brazil. Attendants at…
Fish Lake deposit before the courts
On page 12 of your Nov 13 issue in your news item regarding Pioneer Metals, you indicate that the Fish Lake deposit is owned by Cominco Ltd. The Fish Lake deposit is a porphyry copper-gold deposit con…
Maufort names new president
Junior Maufort Resources (ME) has a new president following the recent resignation of the company’s board of directors. Paul Billette has replaced Maurice Fortin in the president’s chair. A couple of …
Little gold, Plenty goes
Plenty River Mining, an Australian company, has terminated its option to earn a 50% interest in the Kramer Hills gold deposit from Beaver Resources (TSE). Situated in California, Kramer Hill hosts res…
Inco in Botswana
Inco Ltd. (TSE) has signed a joint venture agreement with Molopo Australia to explore Molopo’s platinum concessions in Botswana, Africa. Under the terms of the deal, Inco will fund the first year’s ex…
Toronto Stock Exchange Indices (December 04, 1989)
1989 Nov 28 Nov 27 Nov 24 Nov 23 Nov 22 HIGH LOW Composite “300”3928.003930.703933.483915.773920.554037.833353.13 Metals & Minerals3353.313339.243342.523337.663351.963919.203207.50 Integrated mines…
Sikaman, partner plan placer gold project in Ghana
A joint venture agreement has been entered into between Sikaman Gold Resources (TSE) and ITM International for development of the former’s two placer gold mining concessions in Ghana, West Africa. ITM…
Toronto Stock Exchange LAC share volumes soar on takeover talk
Furious trading in the shares of LAC Minerals, fuelled by talk of a takeover, led the issue to the top of the most active list. Activity during three days ended Nov. 29, today, saw more than 7.6 milli…
Managing Canada’s Mines Mining has meant trael for Lawyers’
“Working in the mining industry has enabled me to travel widely, learn a foreign language (Spanish) and meet many interesting and unique people,” says V.E. Smith, operations manager of the Law0000,050…
Goldpost, Mining Corp. finalize Hislop sale
An agreement has been finalized between Goldpost Resources (TSE) and Mining Corp. of Canada for the sale of Goldpost’s Hislop West gold property in northern Ontario. Situated east of Timmins in Hislop…