1990

After completing over $2.5 million in expenditures on the Inel property, Avondale Resources (VSE) has elected to terminate its option agreement with Gulf International Minerals (VSE). Under the terms …

After lying inactive, Vangold Resources (VSE) is back in business with the completion of a private placement of 300,000 flow-through shares at a price of 50 cents per share. Non-transferable share pur…

Shareholders of Atlanta Gold (TSE) voted in favor of optioning the company’s Idaho properties to a unit of Newmont Mining (NYSE). Newmont can earn a 51% interest by making staged cash payments totalli…

A US$150,000 grant over a 5-year period is being provided by Asarco (NYSE) to the University of Missouri-Rolla School of Mines and Metallurgy to establish the Asarco Endowment Fund. The fund will be u…

The Department of Mining & Metallurgical Engineering at McGill University will hold a seminar, April 29-May 1. Topic is “refining and recycling of precious metals — a technology update.” The seminar …

Jan. 1 Dec. 31 Dec. 28 Dec. 27 Dec. 26 HIGH LOW Composite “300” Holiday 3256.75 3237.46 3233.69 Holiday 4009.47 3009.91 Metals & Minerals Holiday 2739.73 2727.00 2742.94 Holiday 3453.06 2502.63 Integr…

Toronto-based Madeleine Mines (TSE) has applied to the Ontario government for permission to operate a 3,000-ton-per-day palladium- platinum mine on a 5,000-acre property at Lac des Iles, near Thunder …

A 25,000-ft. drilling program has been completed by equal partners Thunderwood Resources (TSE) and Greenstone Resources (TSE) on their Scott Lake polymetallic property, 12 miles west of Chibougamau, Q…

Market activity got off to a slow start as investors finally said goodbye to 1991 and got down to business. Today, Jan 2., only 10.5 million shares changed in a lacklustre session that one can only ho…

The past year was a cruel one for the Vancouver Stock Exchange as the Composite Index plunged 26% to 527.37 from its year-earlier level of 713.71. The high and low for the period were 802.20 and 505.8…

A drill program is planned for early 1991 on the Fireweed property north of Smithers, B.C. Mansfield Minerals (VSE) granted Minnova (TSE) the right to earn a 70% interest in the polymetallic project b…

The area surrounding Elliot Lake, Ont., will receive $15 million from the provincial government to help diversify and revitalize its economy after a series of job losses at the community’s uranium min…