Alberta Stock Exchange Dingman gains 29 cents
Little-known Dingman Industries doubled to 60 cents on volume of nearly half a million shares after the company said it has finalized a joint venture deal with a Soviet firm to treat arsenical gold co…
News
Production at QSL smelter delayed until first quarter, 1991
Production at the new QSL lead smelter in Trail, B.C., will not resume until the first quarter of 1991, Cominco (TSE) reports. Long lead times for equipment and an increase in the scope of work to be …
Armistice seeks funds for Virginiatown work
Toronto-based Armistice Resources (TSE) says discussions are under way with a group of private investors to raise funds for additional underground exploration on the company’s McGarry Twp. gold proper…
U.S. REPORT Fairbanks expanding Fort Knox
Development of the Fort Knox property, near Fairbanks, Alaska, has been accelerated with the addition of two drills. The property, 51% owned and operated by Fairbanks Gold (VSE), now has six diamond c…
More good values at New World as five drill rigs work full time
Total drilling exploration at the New World copper-gold-silver property in Montana of Crown Butte Resources (TSE) and Noranda Exploration has reached more than 67,000 ft. in 168 holes, the companies r…
Metal Prices FREE MARKET (October 01, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date September 25 September 24 September 21 September 20 September 19 Copper 1476-1478 14…
U.S. REPORT Gold Standard loses suit against bank
Gold Standard (NASDAQ), the Utah company that is attempting to win back the Mercur gold mine from American Barrick Resources (TSE), recently lost its case against British banking firm Samuel Montagu &…
Reactivated Pamax options Noranda gold properties
Northwestern Ontario will be the focus of an exploration drive by reactivated Pamax Resources (COATS) as it earns an interest in two gold properties in the area. The Rice Bay property, consisting of 2…
Tyranex Gold offering
Aiming for proceeds of $109,620 Tyranex Gold (COATS) is offering one right for every common share held as of Sept. 28. Until Oct. 22, when the rights expire, holders will be entitled to subscribe for …
Goldbelt drilling Casa Berardi bet
An exploration drilling program has started on 48 claims optioned by Goldbelt Mines (VSE) from Jascan Resources (TSE) in Aloigny Twp., near Joutel, Que. The property is situated about 10 miles northwe…
EDITORIAL PAGE A taste for gold
The affluent Japanese community is developing a taste for gold. In March, one department store began offering a $340 cup of coffee brewed with Blue Mountain beans and mineral water, sprinkled with gol…
Nova Scotia govt. drilling on Coxheath’s Tangier mine
A 4,000-ft. drill program designed to test for extensions of a high grade zone at Coxheath Gold Holdings’ (TSE) Tangier gold mine in Nova Scotia got under way recently. Coxheath was forced to shut the…