U.S. REPORT Amax Gold output down
A drop in production due to adverse climatic conditions at the Sleeper gold mine in Nevada resulted in lower output and earnings for Amax Gold (TSE). The Colorado company reported first quarter net e…
News
Thai coal mine study scheduled
A $1-million environmental assessment study is to be undertaken in Thailand by Monenco Consultants in connection with the proposed development of a surface coal mine and power plant. The project will …
Unlisted Trading Strike remains active
News of plans for a third drill program at the Robertson Twp. copper-zinc prospect near Matachewan, Ont., kept Strike Minerals active. Trading on a volume of 23,500 shares, the company closed at 35 ce…
GOLD FUNDS (May 06, 1991)
Gold funds as of Apr. 30 BGR Central Net Value $8.67 $4.98 Price $7.38 $4.700 Discount 14.88% 5.6% Value $51,639,780 $79,074,210…
CIM unveils new policy on environment
With sunshine and spring bursting out all over, this city proved to be an ideal setting for the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) to unveil its new policy statement on the e…
Adonos placement
Adonos Resources (VSE), an affiliate of Balck Cliff Mines (TSE), reported arranging a private placement involving a minimum of 800,000 units and a maximum of one million units at $1.25 per unit.
News In Brief Consolidated Del Norte Ventures
Consolidated Del Norte Ventures (CDV:VSE) has changed its name to Idaho-Maryland Mining Corporation (IHM:VSE) with no consolidation of capital. The transfer agent is Central Guaranty Trust.
PEOPLE NORTHWIND VENTURES
Gerald Ross appointed chairman of the board and chief executive officer; Hugh Ross appointed president and chief financial officer; Ketan Panchmatia appointed secretary-treasurer.
GUEST COLUMN Unique solutions to problems of arctic mining
Cominco began its high Arctic development with the Black Angel silver-lead-zinc mine in Greenland in 1973. In 1982, it opened the Polaris lead-zinc mine in the Arctic Islands. And in late 1989, tune-u…
U.S. REPORT Crown makes new gold discovery
Denver-based Crown Resources (VSE) is adding yet another new gold discovery to its already impressive exploration track record. The company recently announced a new find on its Kings Canyon project in…
METAL PRICES FREE MARKET (May 06, 1991)
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date April 30 April 29 April 26 April 25 April 24 Copper 1449-1451 1483-148…
Mining escapes NDP budget, but interest rate fears grow
The mining sector escaped relatively unscathed recently from an Ontario New Democratic Party budget that will drive the provincial deficit up to $9.7 billion in fiscal 1991-92. In a bid to bolster rev…