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Editorial Commercializing Christmas

As Christmas shoppers rush from store to store, who can fail to lament the commercialization of the holiday season? Somehow the spirit of giving has been lost since the Magi bore their gifts of franki…


Mono seeks funds for gold property

A $1.7-million exploration program has been recommended for Mono Gold Mines’ (VSE) Bannockburn gold project, in Madoc Twp., north of Belleville, Ont. The Vancouver-based company has been exploring the…


Geological Survey Minerals Colloquium set for Ottawa

The Geological Survey of Canada will hold its first Minerals Colloquium in Ottawa, Jan 17-18, at the Ottawa Congress Centre. The colloquium will immediately follow the GSC’s Forum 1990 (Jan 15-17) at …


Atlanta slate reinstated

The British Columbia Court of Appeal has overturned the decision rendered in July by the Supreme Court of British Columbia which gave control of Atlanta Gold (TSE) to U.S. Gold (NASDAQ). Consequently,…


Zinc demand, supply on rise in 1990

Global consumption of zinc is forecast to rise in 1990 as its supply, according to the International Lead and Zinc Study Group which recently staged its annual meeting in Austria. The organization’s p…


Professor preparing environmental report

Toronto-based Consolidated Professor Mines (TSE) hopes to complete an environmental assessment report sometime next year for its proposed Duport gold mining operation at Shoal Lake near Kenora, Ont. L…


Armeno to explore copper deposit in Africa’s Sudan

Vancouver-based Armeno Resources (ME) has entered into a joint venture agreement with the government of Sudan for the exploration and development of a large copper-gold deposit in the African nation. …


Study bullish for international gold market

According to a recently published study of the international gold market by Metal Market Consultants of Lakewood, Colorado, the demand for gold should exceed supply and keep prices modestly buoyant in…


Aumisko name change

Shareholders of Exploration Aumisko (ME) have approved a consolidation of the company’s A shares on a 2-for-1 basis. Shareholders also approved changing the company’s name to Ressources Granisko. The …


The Japanese way to boost gold assets

The recent upswing in the price of gold is being accounted for in several ways by analysts. New legislation in Japan allowing non-life insurance companies to invest up to 3% of their assets in gold bu…


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