News


Letters: Sherritt Overlooked

The article “the refractory Riddle,” in your August, 1990 issue, was a very comprehensive compilation of information on the subject of recovering gold from arsenopyrite . . . Or was it? One point not …


On the Move (February 01, 1991)

Viola MacMillan is among nine new inductees to the Canadian Mining Hall of Fame. MacMillan, 88, was renowned as a mine-finder and financier and was instrumental in transforming the Prospectors & Devel…


Spot prices at a glance (January 28, 1991)

Week’s Price (US) Change Gold* $377.90 — $25.80 Silver* $3.98 — $0.24 Platinum*$403.50 — $20.50 Nickel** $3.81 + $0.03 Lead** $0.27 Copper- $1.05 — $0.01 Zinc $0.53 + $0.01 Courtesy of Scotiabank….


Golden Dragon, Glen Auden report assays

Partners Golden Dragon Resources (VSE) and Glen Auden Resources (TSE) have released more assays from their Beatty Twp. gold project under option to Noranda (TSE) in northern Ontario. Noranda Explorati…


Inco gold property open for option

Scominex, a Nova Scotian joint venture made up of Inco (TSE), government-owned Nova Scotia Resources and Husky Oil, is seeking a buyer for its gold property in the central Cape Breton Highlands, N.S. …


Inland mining at Toiyabe

After a brief winter shutdown, Inland Gold and Silver (NASDAQ) started mining operations at its Toiyabe project in central Nevada. The modest-sized heap leach operation is expected to produce about 6,…




Denison unable to redeem its shares

Toronto-based uranium producer Denison Mines (TSE) has announced that it doesn’t have enough cash to redeem any of its 7-million series B preferred shares on March 15. Bill James, appointed president …


NEWS IN BRIEF Millstream placement

Millstream Mines (COATS) has completed a private placement of 909,198 common shares at 20 cents per share. The company says proceeds of $181,839 will be used to pay off outstanding debts.


Corona sells interest in Wharf Resources

New Venture Equities and Corona Minerals, both units of Corona (TSE), say they have sold 1.32 million shares in Wharf Resources (TSE). In a filing with the U.S. Securities and Exchange Commission, the…


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