1990

Freewest reserves explanding _ New figure out soon

Partners Noranda (TSE) and Freewest Resources (TSE) are likely to announce a major increase in reserves soon for the Lightning gold zone on their Holloway project near Matheson, Ont. At the beginning …


METAL PRICES PRODUCER PRICES (December 31, 1990)

ALUMINUM: MW U.S. Market US69.25- 71.25 cents per lb. (Dec. 6, 1990). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…



Jonpol plans drilling on new claim block

Jonpol Explorations (TSE) and affiliate T&H Resources (TSE) have signed an option to acquire 25 mining claims adjacent to their gold property in Garrison Twp, Ont. The new claims, which lie to the wes…







Stratmin making rights offering

Montreal-based Stratmin (ME) is hoping to receive about $6 million from a rights offering. Holders of the company’s A shares, as of the close of business Dec. 19, will receive three rights for each sh…


EDITORIAL PAGE Let operators decide

“When the Sullivan lead-zinc mine in Kimberley, B.C., was closed, British Columbia’s Energy Minister Jack Davis was very disappointed. Seeking an explanation of the company’s terse, two-paragraph anno…


Losses mount for Alta

Losses for Alta Gold (NASDAQ) continued for the third quarter ended Sept. 30. The company lost US$369,000 in the quarter, down from the US$1.3 million reported in the third quarter of 1989. The loss f…


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