1991

An antitrust suit filed under court seal against Fairbanks Gold (TSE) was recently settled before becoming public. The court seal gives companies five business days to resolve a dispute before it beco…

Australia even riskier for foreign investment than Ontario? I was shocked to read recently that the government of Australia, a Commonwealth country with many parallels to ours, has ordered a halt to a…

Pacific Metals (ASE) has proposed a private placement of 1.4 million special warrants at a price of $1 to replace a previously announced common share placement. Each warrant will be exchangeable into…

Operators at the Golden Rule prospect in Arizona have exposed the property’s main vein on the second level. Cochise Resources (ASE) says that although grade along the 270-ft. drift exposure is varia…

A review of trading activity for the first half of 1991 shows a distinct drop compared with the same period last year. Daily volume during the first half fell by more than 14%, with daily value decrea…

Newfoundland’s mining industry is beginning to look askance at the province’s drive to protect more Crown land from mineral and other forms of economic development. The industry is afraid the provinc…

A joint venture agreement has been signed with a subsidiary of RTZ of London covering the exploration and possible development of four mineral licence areas in Greenland, Platinova Resources (TSE) rep…

Partners Greenstone Resources (TSE) and Boliden International Mining of Sweden have reported a “new area of surface gold mineralization” at their Santa Rosa heap leach project in Panama. Owned 49% by …

Fifteen years after it first went into production, Niobec, the only underground niobium mine in the world and the only mine of its kind in North America, continues to turn out at a relatively low cost…

Looking for massive sulphide deposits, Cross Lake Minerals (VSE) has purchased 51 claims at Timmins, Ont., for $4,080 and 100,000 shares. The claims cover a rhyolite-basalt contact thought to be part …

Planning to diversify its activities in North America, Osborne & Chappel Goldfields (TSE) has agreed to sell half of its 50% interest in the Los Lilenes SA group of Panama to its major shareholder, Od…

Horne had been negotiating with a U.S. partner for a 50% interest in the project for which leaching, the company said, may be the preferred method for metal extraction. That partner, Horne said, has a…