Adrian results cause sell-off
Drilling results from the SKI project, directly north of the rich Eskay Creek property north of Stewart, B.C., were greeted with a mass of sell orders. Adrian Resources (VSE) owns the project and Prim…
News
Noranda returns Sunrise to Aber
The Sunrise polymetallic property, 70 miles north of Yellowknife, N.W.T., is back in the hands of the Aber Resources (VSE) and Hemisphere Development (VSE) partnership after a unit of Noranda (TSE) op…
Highgrading, Part 1 (First of a 4-part series) Cobalt shop owner
From the far reaches of Alaska and the Yukon to the near- Antarctic lands of South Africa, gold has drawn fortune-seekers like honey bees to pollen. A good many of the adventurists took advantage of p…
U.S. REPORT LAC, Norgold form joint venture on Nevada properties
Vancouver-based Norgold Resources (VSE) and a U.S. subsidiary of Toronto-based LAC Minerals (TSE) have formed an exploration joint venture on two gold properties near the Rosebud discovery in Nevada. …
U.S.REPORT Coeur d’Alene earnings slide
A decline in silver prices and lower gold and silver production reduced the net earnings of Coeur d’Alene Mines (NASDAQ) during its latest quarter ended June 30. The Idaho-based company reported net i…
Quarterly earnings drop as Rayrock boosts exploration
Despite higher revenues, Rayrock Yellowknife Resources (TSE) reported a 50% drop in second- quarter earnings this year. Net income for the three months ended June 30 was $1.65 million (16 cents per sh…
Joutel rights offer
Toronto-based Joutel Resources (TSE) has raised nearly $711,500 from a recent shareholders’ rights offering which was fully subscribed for the maximum of 4.4 million units. Under the terms of the righ…
Letter to the editor Kirkland Lake `an entity unto itself’
Since when is Matachewan near Timmins, Ont., in relation to mining concerns? It is within the Larder Lake mining division, and the Ministry of Northern Development & Mines Office overseeing the distri…
Effect of Middle East crisis on metals is hard to predict
If Middle East tensions escalate to the point where gun fire is exchanged, investors who have been selling their gold assets to take advantage of recent price increases could move back into the market…
Avondale discovery at Forrest Kerr
A large gold- silver-copper mineralized system and several new gold showings were recently discovered by Avondale Resources (VSE) on its Forrest Kerr project north of Stewart, B.C. The discovery of th…
PEOPLE (August 27, 1990)
DICKENSON MINES Rolando Francisco appointed senior vice- president and chief financial officer.
Early Lynne relults confirmed by Noranda
There is little doubt that Noranda Exploration has touched on something big at the Lynne project in Wisconsin. As the results from some of the most recent holes confirm, Noranda’s zinc discovery is no…