News

Aur to complete 20,000 ft program at Louvicourt bet

A new $3-million surface exploration program is under way after a short delay at the massive sulphide discovery, east of Val d’Or, Que., of Aur Resources (TSE) and Societe Miniere Louvem (TSE). “Our o…


Editorial Gold price unlikely to stay down long

One can’t help but get the jitters watching gold drop $US20 in a single day as it did this past week on the London market. In New York the April futures contract sank almost $30 March 26, its steepest…


Eden Roc gives production nod to African bet

The African Ivory Coast gold concession of Eden Roc Mineral (ASE) will be brought into production, says the controlling shareholder of Eden Roc. Marshall Minerals (ASE), with more than a 50% interest …




New promise for gold, silver in Minnesota

Recent geologic studies in northern Minnesota indicate a greater potential for gold and silver in the area than was previously estimated, J.R. Clark, a U.S. Geological Survey scientist, told a meeting…


New Horne contract

More than 700 unionized workers at the Horne division of Noranda Minerals at Rouyn-Noranda, Que., recently voted 62% in favor of a new 3-year labor contract. Salaries will have risen by about 19% by t…


Asarco grant

Asarco (NYSE) is contributing a grant of US$200,000 to Montana Tech in the state of Montana to endow a US$150,000 professorship in minerals engineering and provide US$50,000 for scholarships. Active i…


Teeshin acquires 100% of Dome Mountain

For the purchase price of $1.27 million, Teeshin Resources (VSE) has bought the remaining 33% interest in the Dome Mountain project near Smithers, B.C., from its partner Canadian-United Minerals (VSE)…



FINANCING (March 26, 1990)

VANCOUVER Eurogold Res — gross proceeds rec $225,000. Ticker Tape — 600,000 offered @ 57 cents per unit. Pioneer Northern — 600,000 offered @ 40 cents per sh.


RFC increases reserves at Pend Oreille zinc project

RFC Resource Finance (TSE) says it will soon be in a position to make a production decision at the old Pend Oreille zinc mine project, 55 miles south of Trail, B.C. All the necessary field studies hav…


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