News

Pezim’s penalty: Will the VSE be able to survive?

The British Columbia Securities Commission (BCSC) is keeping the industry guessing as to what penalties, if any, will be handed out to Vancouver promoter Murray Pezim and two of his associates. Analys…


News In Brief (November 26, 1990)

Visible Gold Inc. (VIG:VSE) has changed its name to Lansing Enterprises Inc. (LEI:VSE) with a consolidation of capital on a 1- new-for-3-old-share basis. The transfer agent is National Trust.


Executive changes at Dickenson, Wharf

The chairman and chief executive officer of Dickenson Mines (TSE) and Wharf Resources (TSE) will become president of the two companies, Dec. 1. Robert McEwen, president of Goldcorp Investments, the co…


Corona income drops despite higher output

A substantial decline in interest, investment and other income led to a 19% drop in third-quarter earnings for Corona (TSE). Net income for the quarter was $12.3 million (6 cents per share) compared w…


U.S. REPORT BMR expects reserve expansion

As a US$5-million, 2-year exploration program gets under way at the American Mine gold project in San Bernardino Cty., Calif., BMR Gold (ASE) is confident that its new partner, Nerco (NYSE), will be a…


Correction (November 19, 1990)

Intersections from Windy Mountain Explorations’ (COATS) MacLeod Lake property near Chibougamau, Que., include a 75-metre length grading 0.4% copper and a 55-metre length grading 0.53% copper. Incorrec…


INSIDER TRADING M.I.M ups Granges interest to 34.2%

M.I.M Holdings (Canada), a unit of Australian mining company M.I.M Holdings, recently increased its stake in Granges (TSE) to approximately 34.2% from 32.5%. According to the Ontario Securities Commis…


Blue Falcon, Moapa option deal off

An option agreement between the partners of the Moapa Valley precious metals project in Nevada and Blue Falcon Mines will not proceed at this time, Micron Metals Canada (ASE), one of the Moapa partner…


MER to hold seminar

Quebec’s Ministry of Energy and Resources (MER) will hold a seminar on exploration, Nov. 21-22, at the Chateau Frontenac in Quebec City. This seminar will highlight the latest developments in explorat…




Agnico encouraged by new Eagle West gold discovery

More encouraging results were released by Agnico-Eagle Mines (TSE) from surface exploration of the Eagle West discovery 2,600 ft. west of the company’s Eagle shaft in the Joutel area of northwestern Q…


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