Gold mines’ `hidden’ costs edging higher
If it weren’t for forward sales, more than half of North America’s top gold producers would have reported pretax losses in the first quarter, says a recent report by Yorkton Natural Resources. North A…
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Alberta Stock Exchange Kingswood active (July 22, 1991)
As drillers moved on to its 133-claim property in La Gauchetierre Twp., Que., during the week ended July 16, Kingswood Explorations bounced up five cents to 18 cents. Noranda, earning a 75% interest i…
Spot prices at a glance (July 22, 1991)
Week’s Price (US) Change Gold* $369.20 – $ 1.00 Silver* $ 4.40 – $ 0.08 Platinum* $380.00 – $ 2.90 Nickel** $ 3.91 – $ 0.13 Lead** $ 0.25 $ 0.00 Copper{ $ 1.00 – $ 0.01 Zinc{{ $ 0.48 $ 0.00 Courtesy o…
Akiko-Lori’s suit dismissed
In early July, the British Columbia Supreme Court dismissed a lawsuit initiated by Akiko-Lori Gold Resources (VSE) against Ecstall Mining (VSE) relating to the Forgold property in northwestern British…
GOLD FUNDS (July 22, 1991)
BGR Central Net Value $9.52 $5.33 Price $8.63 $4.950 Discount 9.35% 7.1% Value $56,686,151 $83,280,285…
LETTERS TO THE EDITOR Ontario’s gold camps revisited
I am working on a book titled Gold in Ontario and would like to call on your readers for their help. The book will cover the historical growth of all of the gold camps in the province from Hastings Ct…
NEWS IN BRIEF Noranda tests Kingswood claims
Drillers have moved on site at Kingswood Explorations (ASE) 133-claim property in La Gauchetierre Twp., near Matagami, Que. Earning an interest in the claims, Noranda (TSE) will drill a 1,300-ft. hole…
Exploration under way at Kirkton bet
A $750,000 exploration program is under way at Kirkton Resources’ (CDN) Shunsby base metal property, 130 km southwest of Timmins, Ont. Based on evaluation of more than 200 holes previously completed o…
Freewest options Bathurst claims
Freewest Resources (TSE) has optioned an 18-claim base metal property in the Bathurst area of New Brunswick. The property, west of the Wedge deposit, contains disseminated copper-lead-zinc mineralizat…
Newhawk, Granduc budget $1.5 million for Sulphurets
Project operator Newhawk Gold Mines (TSE) will be continuing surface geological work during the first-phase drill program currently in progress on the Sulphurets property north of Stewart, B.C. The co…
Enforcement of mine reclamation regulations weakest in Sask., Que.
Mine operators and project lenders in Saskatchewan and Quebec are less liable for the cost of mine reclamation work than their counterparts in other provinces, says Normand Champigny, a senior consult…
Brenda cited for reclamation
Reclamation programs from mines across British Columbia were recognized recently in Kamloops, B.C., at the 15th annual Mine Reclamation Symposium. Six companies received awards, with Brenda Mines, a r…