Agnico finds new zone at Baker Lake
Exploration on new, Lupin-type targets at the Meadowbank project, 27 miles north of Baker Lake, N.W.T., has confirmed the presence of a new gold-bearing structure stretching for at least 730 ft. along…
News
Plasma blast marks opening of addition to R&D facility
Resources giant Noranda (TSE) has officially opened the $20-million expansion of its research facility in suburban Montreal — the Noranda Technology Centre. The expansion unites researchers, who were…
Dundee shares
The chairman of Dundee Bancorp (TSE), Ned Goodman, recently increased his interest in the company by acquiring 60,985 B common shares. Goodman now owns or controls 615,277 B common shares and 116,711 …
PEOPLE (December 02, 1991)
W. Zinn appointed president and director.
Placer, Outokumpu in joint effort
The exploration subsidiaries of two international mining companies have joined forces to launch a new exploration thrust for gold and base metals into certain East European and African countries. Vanc…
METAL PRICES (December 02, 1991)
N.Y. Commodity Exchange Weeks High Low Close Change COPPER (HG) (in US cents per lb.) Dec 105.30 104.60 104.65 + 0.90 Jan 104.60 103.10 104.25 + 1.10 Feb 103.80 103.70 103.70 …. SILVER (in US cents …
Hall of Fame to induct GSC’s Logan
The founding director of the Geological Survey of Canada (GSC), which will celebrate its 150th anniversary next year, will be inducted into the Canadian Mining Hall of Fame in January, it was announce…
FMC quarterly earnings slip
Chicago-based FMC Gold (NYSE) produced 95,000 oz. gold in the 1991 third quarter ended Sept. 30, a slight increase from the 89,000 oz. produced in the comparable period last year. But the company’s ne…
U.S.REPORT (December 02, 1991)
Aside from Noranda’s (TSE) recent decision to option ground held by Great Lakes Minerals (TSE) on the Keweenaw Peninsula, the early 1990s can hardly be described as vintage years for mining in the sta…
INSIDER TRADING (December 02, 1991)
Robert Hallbauer, president of Vancouver-based resource giant Cominco (TSE), recently earned a paper profit of about $215,000 by exercising stock options. In October, according to the Ontario Securiti…
Ottawa must hone mining’s competitive edge: Hendrick
How to gain a competitive edge in a climate of continuing globalization was the theme of the ninth annual Mineral Outlook Conference staged here recently. Five hundred delegates heard Mining Associati…
Applegath firms plan merger
A trio of companies in the Albert Applegath fold, Tundra Gold Mines (VSE), Oneida Resources (VSE) and Golden Pond Resources (VSE) plan to amalgamate into a new company called TGO Resources. The group’…