Alberta Stock Exchange Durga begins work
Trading moderately during the week ended June 25, Durga Resources said it is proceeding with exploration on the Chiquita mine property near Sandy Valley, Nev. The first program, which includes mapping…
News
Sikaman focus on North America
Although Sikaman Resources (TSE) has concentrated its activities primarily in Ghana in the past, the mining company now intends to shift its focus to North American ventures. The company recently sol…
TerraGold chief buys Jascan stake
The president of TerraGold Resources (ASE), G.W. Felderhof, has agreed to purchase the majority of Jascan Resources’ (TSE) holdings in TerraGold. Jascan owns 1.35 million shares, or 71%, of TerraGold…
Noble options Timmins-area bet
Noble Peak Resources (ASE) has signed a letter of intent to option 15 claims in Cunningham Twp., near Timmins, Ont. The Isaiah Creek property, part of the Swayze greenstone belt, contains a chert-ir…
QMA proposes “savings plan” for mine closures
The Quebec Mining Association (QMA) introduced its new “environmental evaluation” at its annual meeting staged here recently and also proposed a “savings plan” that would allow mine owners to plan fin…
PEOPLE GLIDER DEVELOPMENTS (July 01, 1991)
Murray Pezim appointed chairman; Don Head appointed president; Atha MacKinnon-Andrew appointed vice-president; Chet Idziszek appointed director.
Royal Oak, dissidents agree on merger terms
Recent discussions between management of Royal Oak Resources (TSE) and a group of dissident shareholders of the Pamour group has resulted in an agreement for a proposed amalgamation between the compan…
PEOPLE MUNDEE MINES/THOR EXPLORATION
Wei Lew appointed president and director; Robert Downes appointed director.
PEOPLE FIRST IDAHO RESOURCES
Wei Lew appointed president and director; Robert Downs appointed director.
EDITORIAL PAGE Where we’re coming from
Statistics aren’t usually a good indication of where we’re going, but they can help clarify where we’ve been and what our strengths and weaknesses are. A report from Energy, Mines and Resources Canada…
Spot prices at a glance (July 01, 1991)
Price (US) Week’sChange Gold* $366.00 — $ 1.30 Silver* $ 4.42 — $ 0.01 Platinum* $374.90 + $ 6.65 Nickel** $ 3.80 — $ 0.06 Lead** $ 0.25 …
U.S.REPORT NEWS IN BRIEF Placer drills Jualin gold bet
A drill program by Placer Dome (TSE) has started on the Jualin gold project near Juneau, Alaska. The major may earn a 50% interest in the project from current 60/40 owners International Curator Reso…