1990


Arsenic metal soars

Plant shutdowns in China and the cutback on shipments by that country have helped push the price of arsenic metal skyward to US$4.50 per lb. The price of arsenic metal was 60 cents in late December, …


Exploration to commence at Golden Pacific project

Golden Pacific Resources (ASE) says exploration has begun at the Penon Blanco claims on the Mother Lode vein system in Mariposa Cty., Calif. The program is expected to include surface exploration, sur…


Trader ends deal

Trader Resources (TSE) has decided not to exercise its option to purchase 1.6 million shares of Ronnoco Gold Mines (COATS) at $1.25 per share. According to the vendors of the shares, Cabre Exploration…


Mazarin acquires exploration arm

A new exploration arm has been acquired by Societe d’Exploration Miniere Mazarin (ME), which wants to concentrate on development of its graphite property near Fermont, Que. Mazarin and Gestion Ressour…


Startup required partners for Muscocho

The long startup periods required to bring the Magino and Magnacon gold mines to the projected levels of operation and the depressed gold price in 1989 resulted in a substantial cash drain on the owne…


Charges dropped in fatal cave-in at Belmoral mine

Charges against Belmoral Mines (TSE) related to a mining accident 10 years ago at Val d’Or, Que., will not be pursued by the Province of Quebec, the company reports. The May, 1980, cave-in killed eigh…


LAC gets good values on Jonpol bet

Good grades and widths are being confirmed by underground drilling on the Garrison Twp. gold project owned by Jonpol Explorations (TSE) and T & H Resources (TSE) in northeastern Ontario. The property,…


Granges exploring Terragold project

Vancouver-based Granges (TSE) is evaluating several gold showings at a former copper producer in the Baie Verte region of Newfoundland, having optioned the property from Terragold Resources (ASE). Und…


Louvem fails to have courts stop Aur drilling

Societe Miniere Louvem (TSE) and parent company St. Genevieve Resources (TSE) have failed to have drilling stopped at the Louvicourt Twp. massive sulphide discovery near Val d’Or, Que. But St. Genevie…


Menora in deal with Black Cliff

An agreement has been worked out between Menora Resources (ME) and Black Cliff Mines (TSE) whereby the latter will sell its interests in the Squaw Creek and O’Donnel River placer gold properties to Me…


Victoria planning graphite production

Production at a graphite deposit near Portland in southeastern Ontario is scheduled to begin during the first half of this year, Victoria Graphite (COATS) reports. The company recently completed a dri…


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