Joutel find may give new life to Agnico mine
Encouraged by a strengthening gold price, investors pushed Agnico-Eagle Mines (TSE) to its 52-week high of $6.25 when news of a gold discovery at the Joutel division in northwestern Quebec hit Bay Str…
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PEOPLE — NERCO COAL
Nicholas Moros appointed president.
Ontex names date for Metalore appeal
The next round in the 6-year-old legal battle between Metalore Resources (TSE) and Ontex Resources (ASE) over 189 gold claims near Beardmore Ont., is set to begin on Jan. 11, 1993. On that date, an On…
PEOPLE — SISKON GOLD (July 20, 1992)
David Lawler appointed president.
Galico drops Hurdman project
After carrying out a limited exploration program, Galico Resources (VSE) terminated its option with Noront Resources (VSE) to acquire an interest in the Hurdman polymetallic project near Cochrane, Ont…
PEOPLE — REA GOLD
Larry Reaugh appointed chairman; W. Hogan appointed president and chief operating officer.
PEOPLE — NAXOS RESOURCES
Carl Campbell and Ian Gordon appointed directors.
PEOPLE — COAL ASSOCIATION OF CANADA (July 20, 1992)
Dick Drozd elected chairman.
PEOPLE — SEVEN MILE HIGH
W. White appointed director.
PEOPLE — GOLDEN CROWN RESOURCES
Ronald Woznow appointed director.
Customer cuts Uranium deliveries
The largest customer of Uranium Resources (TSE) has reduced significantly the amount of 1993 deliveries. The company says the client has cut back its requirements for its nuclear reactors to 72,000 lb…
Arbor eyeing major deal
By the end of July, Arbor Resources (VSE) and associated company Wealth Resources (VSE) expect to enter into a joint venture agreement allowing an undisclosed senior mining company to earn a 51% inter…