22 Ontario projects receive $508,000
This year 11 Ontario universities will receive a total of $508,000 in provincial grants for 22 geoscience research projects, Mines Minister Gilles Pouliot has announced. The funding, about $500,000 e…
News
Wheaton shares get TSE clearance
Shares of Wheaton River Minerals, the first junior mining company to be cleared for listing on The Toronto Stock Exchange this year, were expected to be up and trading July 16. Formed to acquire the f…
IOCC GOLD OPTIONS (July 15, 1991)
The New York closing gold price was $369.40 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each Tuesday by the Montreal Exchange. Only th…
Spot prices at a glance (July 15, 1991)
Price (US) Week’s Change Gold* $370.20 + $ 2.45 Silver* $ 4.48 + $ 0.05 Platinum* $382.90 + $ 2.65 Nickel** $ 4.04 + $ 0.03 Lead** $ 0.25 $ 0.00 …
More good results from Westmin’s Myra Falls drilling
Ongoing drilling by Westmin Resources (TSE) returned more good assay results from the company’s Myra Falls mine property near Campbell River, B.C. Westmin is exploring a previously untested area near …
U.S. REPORT Fairbanks, Ventures Trident settle antitrust suit out
An antitrust suit filed under court seal against Fairbanks Gold (TSE) was recently settled before becoming public. The court seal gives companies five business days to resolve a dispute before it beco…
Alberta Stock Exchange Trump gets to work
Shares of Trump Reserve Minerals traded moderately in the week ended July 9, as surface exploration got under way at the company’s Benoit gold bet in northern Quebec. The 44-claim property is close to…
Repadre revises diamond deal
A joint venture covering diamond exploration between Repadre Capital (VSE) and AMPAL in Botswana has been revised to allow Repadre to earn a 50% interest in the venture. Initially, Repadre agreed to …
LETTERS TO THE EDITOR Prescription of new remedy for industry’s
Regarding James Wade’s letter “Diagnosis of exploration’s malaise” (T.N.M., Jun. 24/91), I am prompted to add some comments, having managed the Canadian Exploration Incentive Program (CEIP) for 1989 a…
EDITORIAL PAGE Foreign investments have unusual risks
Within a few short years of Vasco da Gama’s discovery of a sea route to India in 1498, trade between Europe and Asia began on a new level. Silk and precious stones were in high demand, but the most lu…
Noble, Dejour form new junior
Noble Peak Resources (ASE) and Dejour Mines (TSE) have formed a new company to carry out exploration on their jointly held ground within the Rankin- Ennadai greenstone belt. MH Resources, which recen…
On the Level Australia’s Coronation Hill could happen here
Australia even riskier for foreign investment than Ontario? I was shocked to read recently that the government of Australia, a Commonwealth country with many parallels to ours, has ordered a halt to a…