USMX pours gold from Casino mine
Joint venture partners USMX (NASDAQ) and Pegasus Gold (TSE) marked the official start of production at the Casino mine near Ely, Nev., by pouring a dore bar containing about 850 oz. gold. The partners…
1990
Asamera gears up to increase work on Meliadine find
With assay results now in from a 14-hole drill program, Asamera Minerals (TSE) is busy planning an expanded 1991 exploration program for its new gold discovery near Rankin Inlet in the Northwest Terri…
Breakwater closes Caribou mine cites zinc outlook, mill expenses
Bleak forecasts on the zinc price combined with production shortfalls have prompted Breakwater Resources (TSE) to suspend operations at its Caribou lead-zinc-silver mine near Bathurst, N.B. Last week,…
Seven Mile High rejects Hamelin offer
Shareholders of Seven Mile High Group (VSE) rejected an unusual offer by former president Maurice Hamelin to drop his $1.3 million lawsuit against the company on the condition they elect a board of di…
EDITORIAL PAGE Taxed to death
Governments just can’t handle money. The more they get, the more they spend. Politicians just do not have the backbone to say no to any request that carries even the slightest whiff of votes. The resu…
NEWS IN BRIEF (November 05, 1990)
An information forum on professional registration of geoscientists will be held this month in three Ontario cities: Sudbury (Nov. 14, 8 p.m.), Timmins (Nov. 15, 7 p.m.) and Ottawa (Nov. 16, 1 p.m.). T…
Ramrod drilling Spanish property
A drilling program is under way on the Marta gold-silver property owned by Consolidated Ramrod (VSE) in northwestern Spain. The program is testing a gold-bearing quartz vein system known as Las Llagas…
Experts to give advice on Bill 208
Many of the provisions in Bill 208, Ontario’s new occupational health and safety law, will come into effect Jan. 1, 1991. Advisers from the government and the province’s top employers will give guidan…
Low potash prices hurt Potash Corp.
Low potash prices continue to take their toll on on Potash Corp. of Saskatchewan (TSE) whose annual potash output represents about 15% of the world’s total production capacity. For the three months en…
People GOLDCAP INC.
Arthur Fisher appointed president; Ross Glanville appointed corporate secretary and treasurer; Gary Swanson appointed chairman; Giles Peatfield appointed vice-president of exploration and a director; …
People MULTIPLEX RESOURCES
Craig Ishikawa appointed to the board of directors.
COATS (over-the-counter) Windy extends zone
Drilling results from Windy Mountain Explorations’ MacLeod Lake property near Chibougamau, Que., indicate that the low-grade copper deposit extends past a block of previously outlined reserves. Result…