EDITORIAL PAGE Dirty work?
Mining is all too often considered a dirty word when it comes to career choices. That image is changing as young people become aware of the variety of jobs available in the industry — not just engine…
News
Aranlee cuts Fire Mountain deal
A recently completed deal with Plaskey Development Enterprises gives Aranlee Resources (VSE) the right to earn up to an 80% interest in the Fire Mountain property in the New Westminster Mining Divisio…
GOLD FUNDS (June 03, 1991)
BGR Central Net Value $8.66 $5.05 Price $7.25 $4.650 Discount 16.28% 7.9% Value $51,575,297 $78,232,995…
Unlisted Trading Rhinelander results
Partners Placer Dome, Pelangio-Larder Mines and Quote Resources believe they have intersected the edge of a conductor stretching for several thousand feet along their Rhinelander property in northern …
Drilling at Holloway indicates zone tapers off down plunge
The latest results from the Holloway project indicate that the Lightning zone, which has been characterized by consistently strong widths and grades since its discovery in 1989, may be coming to a dra…
Piedmont chalks up loss due to lower gold price
A drop in gold prices as well as a decrease in ore grade pushed Piedmont Mining (NASDAQ) into a US$394,000 loss for the first quarter ended March 31. Piedmont reported net income of US$406,000 in the…
Cominco sells stake in Indian smelter
After-tax proceeds of about $2.4 million were realized by Cominco (TSE) from the recent sale of its 40% shareholding in Cominco Binani Zinc, a company which operates a zinc smelter in southern India. …
Montreal Exchange Share values jump
The stock market rallied during the week ended May 28, with the market portfolio jumping by 32.6 points and the mining and minerals index climbing by 44.7 points. Daily trading volumes ranged between …
PEOPLE CHELAN RESOURCES (June 03, 1991)
Brian Koehn and George Graham appointed directors succeeding Luke Manicaros who resigned.
Alberta Stock Exchange Golconda up 18 cents
Planning to launch a second drilling phase on each of three gold properties, Golconda Resources traded heavily in the week ended May 28, gaining 18 cents to close at 60 cents. The Calgary-based explo…
World’s biggest gold miner in the making — Barrick, Newmont talk
American Barrick Resources (TSE) and Newmont Mining (NYSE) are discussing the possibility of marrying their vast gold producing assets into a single entity that analysts say will be the world’s larges…
Vancouver Stock Exchange NCA sees heavy action
The VSE remained relatively stable during the week ended May 28. The composite index was virtually unchanged at the 560 level while the resource index staged a rebound to finish at 518.8, up by 13.7 p…