obituaries Ovide D. Maurice
Ovide Dollard Maurice, a former director of the Geological Exploration Services of the Quebec Department of Natural Resources, died recently at age 70. Born near Midland, Ont., Maurice graduated from …
1989
Hemlo dispute ends Court upholds decision awarding Williams gold
The largest underground gold mine in Canada belongs to Corona Corp. (TSE), the Supreme Court of Canada has ruled. The court upheld a decision rendered in 1986, which awarded the Williams mine in the H…
China First options Union Nickel deposit
China First Capital Corp. (VSE) of Toronto says it has obtained an option to earn a 100% interest in the Union Nickel-Copper deposit in Knox County, Maine. The agreement requires China First to pay an…
Toronto Stock Exchange Falconbridge, Corona keep mining sector hot
Mining activities continued to generate plenty of excitement on the Toronto Stock Exchange for another week. The Supreme Court of Canada handed down its landmark ruling on the LAC-Corona battle over t…
Queries Peterson certificates rich in history
I would appreciate knowing the history of a company called Peterson Cobalt Mines Ltd. I hold a stock certificate for 500 shares purchased back in 1928 for $1 per share. Also, please advise me regardin…
Metal Prices (August 21, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Aug 15 Aug 14 Aug 11 Aug 10 Aug 9 Copper 1752-175…
Pegasus joins LAC at New Mexico bet
An option has been obtained by Pegasus Gold (TSE) to earn a 50% interest in the Ortiz gold project of LAC Minerals (TSE) in New Mexico. Pegasus may earn its interest by spending $27.5 million(US) on e…
Three drills probe McNickel prospect
Although no assay results are yet available, McNickel Inc. (COATS) has completed drilling more than 30 holes on its copper-nickel property situated north of Lac St. Jean, Que. President John McAdam sa…
Dynatec, Northfield sign private deal
An agreement in principle has been signed between Dynatec International and Northfield Minerals (ASE) which will see Dynatec purchase 5.3 million Northfield shares at 45 cents per share. Total procee…
Newmont does it again: new hole grades 350 ft of 0.77 oz gold
A $404-million(US) development program at Newmont Gold’s Carlin, Nev. operations is paying off for the 90%-owned subsidiary of Denver-based Newmont Mining. The development program, now almost complete…
Montreal Exchange Focus on legal ruling
Resolution of the lengthy court battle between Corona Corp. and LAC Minerals vied for investor attention this week with the ongoing Louvicourt Twp. copper-zinc exploration project of Aur Resources and…
Westfield options Dynasty gold bet
Toronto-based Westfield Minerals (TSE) and Northern Dynasty Exploration (TSE) have signed an agreement allowing Westfield to earn a 50% stake in an 86-claim gold property 20 miles north of Savant Lake…