Brenda Mines seeks new ventures
For the year ended Dec. 31, Brenda recorded a loss of $1.5 million on revenues of $26.8 million. Brenda Mines (TSE) 3 months ended Dec. 31 1990 1989 Revenue $3,810 $11,260 Net earnings (loss) 140 (3,9…
News
Is the gold pric of today `good as gold’?
For at least 6,500 years, gold has been treasured for its beauty and rarity. The enormous amount of labor put into gold production since prehistoric times has yielded cumulative world production of go…
Goldex extends gold zone on Val d’Or property
Continuing exploration on the Goldex Extension (GE) zone near Val d’Or, Que., has extended the strike length of gold mineralization on the property by an additional 400 ft. The Goldex Extension projec…
Metal Prices FREE MARKET (March 25, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date March 19 March 18 March 15 March 14 March 13 Copper 1344-1345 1344-1345 1307-1309 12…
People Boise Creek Resources
Rand Buhler appointed a director.
People Florin Resources
Philip Speyer appointed president succeeding Logan Anderson who resigned; William Timmins appointed director succeeding Harold Moll who resigned.
Teck options NEBEX prospect
Vancouver-based Teck (TSE) has signed an option agreement with NEBEX Resources (ASE) to earn a 51% stake in NEBEX’s 7,200-acre Brunswick Extension base metal property near Bathurst, N.B. Situated two …
Offshore plays draw Canadian juniors
As the 1990s unfold, many Canadian mining companies are looking beyond our borders to develop low-cost gold or base metal projects in Central and South America. One obvious benefit of this internation…
Insider Trading Mentor ups stake in Agnico-Eagle
Mentor Exploration & Development (TSE), which controls Agnico-Eagle Mines (TSE), continues to increase its stake in the Toronto-based gold producer. During the first week in February, according to the…
Holmes elected chairman of OMA
The Ontario Mining Association (OMA) recently elected Warren Holmes to serve for a 2-year term as its new chairman. Holmes is vice-president and general manager of Falconbridge Ltd.’s Kidd Creek base …
Cominco, Redfern planning more deep drilling at Tulsequah Chief
The details have yet to be finalized, but Cominco (TSE) and junior partner Redfern Resources (TSE) are planning a 1991 drilling program for the Tulsequah Chief massive sulphide project in coastal nort…
Cameco layoffs
As part of a plan to further downsize and streamline its Ontario fuel services division, Cameco is laying off 58 employees this summer at its Blind River and Port Hope operations. The downsizing will …