Who’s Who in U.S. mining
Another 25 mining greats of the U.S. were inducted into the National Mining Hall of Fame at its third annual banquet, held recently in New Orleans, La. The list of participants, about 400, reads like …
1990
Amax amends Coral deal
It appears that Amax Gold (TSE) is prepared to continue with a second phase exploration program on the Robertson gold property, owned by Coral Gold (TSE) in northern Nevada. The two companies reached …
Vancouver Stock Exchange Prime manages to hold its ground
The Vancouver Stock Exchange ushered in October by racking up its worst trading day in eight years. To top that off, the VSE composite index fell to an all-time low of 588.99 for the week ended Oct. 2…
Royal Oak’s Pamour acquisition delayed
Giant Resources of Australia has agreed to extend the closing of Royal Oak Resources’ (TSE) acquisition of a controlling interest in the Pamour (TSE) group of companies. Royal Oak says it now expects …
EDITORIAL Exploration is heading south
The climate for mineral exploration in Canada has become so oppressive that a great many companies are now looking beyond our borders for opportunities. The following quotation, taken from the 1990 an…
Johnson mine begins commercial output
The Johnson Camp copper mine near Benson, Ariz., has reached commercial production and will be operating at full capacity by mid- October, says owner Arimetco International (TSE). Ore from the mine is…
Wilson explanation ovrlooks key information
Throughout the summer months the Prospectors and Developers Association of Canada conducted a national campaign designed to inform provincial and federal MPs of the dangerous situation into which Cana…
Toronto Stock Exchange Middle East, global exonomy drive shares
In a week when Murray Pezim and Ned Goodman were promising either to quit or distance themselves from the mining scene, share prices continued to take a hammering. Rio Algom and Galactic Resources wer…
Royal Scot starts drilling
A small drilling program totalling 2,500 ft. in six holes is under way at the Summit Lake property, owned by Royal Scot Resources. Located north of Stewart, B.C., Summit Lake is a former producer whic…
NEWS IN BRIEF Kel d’or Resources
Keld’or Resources Inc. (KED: VSE) has changed its name to Consolidated Keld’or Resources Inc. (CKD:VSE) on a 1-new-for-3-old- share basis. Transfer agent is Montreal Trust.
News in brief (October 08, 1990)
The department of geology at the University of Toronto is hosting its 1990-91 department seminars from September to March. Among the speakers are Jim Franklin of the Geological Survey of Canada, Verno…
PEOPLE GOLDEN TRUMP RESOURCES
George Scott, Robert Barbero and Chet Idziszek appointed directors succeeding Arthur Clemiss and Leonard Clemiss who resigned.