1990

Denison not selling coal, potash assets

Denison Mines’ (TSE) chief executive Helen Roman-Barber said the company “has not put its interests in Quintette Coal or Denison-Potacan Potash up for sale,” in response to media reports circulated la…


U.S.REPORT Uranium stock split

Dallas-based Uranium Resources (TSE) says it will seek regulatory and shareholder approval for a reverse stock split on a 4-for-1 basis. The company, using low-cost in-situ solution mining techniques,…


People MARSTON & MARSTON

Terry Kremmel appointed project manager; Scott Herr appointed project manager; Don Ewart Jr. appointed senior mining engineer; Michael Fabio appointed project engineer; Dwight Kinnes appointed senior …



FINANCING (June 11, 1990)

ONTARIO Tri Link Res — 1,800,000 Cl A com offered @ $4.20 per sh to net $7,106,400. VANCOUVER Rinsey Mines — 650,000 offered @ 45 cents per sh. Royce Ind — 700,000 sold for gross $245,000. Woodridg…


Belmoral sees some hope at Val d’Or

Belmoral Mines (TSE) will put all of its cash flow into the Val d’Or gold operations, Gordon Strasser, the new chief executive officer of Belmoral, told shareholders at the company’s annual meeting. “…


IOCC GOLD OPTIONS (June 11, 1990)

Options Open Series Volume Last Interest Aug. 370 C 200 8.50 200 Aug. 380 C 270 4.50 879 Aug. 390 C 114 2.50 1,210 Aug. 440 C 285 0.40 1,253 Nov. 380 C 195 13.00 200 Nov. 400 C 369 5.10 458 Nov. 410 C…



Atlantic changes name to Dexus

In keeping with its move out of the mining industry and into the iron and steel foundry business, Atlantic Goldfields (COATS) has changed its name to Dexus Inc. To coincide with the name change, Atlan…


Insider Trading Pezim ups stake in Goldnev Res.

Vancouver promoter Murray Pezim recently moved to tighten his hold on Goldnev Resources (VSE), which has a 50% stake in the Goldstream copper-zinc property, north of Revelstoke, B.C. According to the …



Spending slump hurts Hillsborough

Reduced expenditures on exploration and development by the mining industry have had a negative effect on Hillsborough Resources’ (TSE) 1989 revenue. The mining contractor reported revenues of $31 mill…


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