Repadre active in Botswana
Toronto-based Repadre Capital (VSE), 49% owned by Corona (TSE), has signed a formal joint venture agreement with AMPAL Ltd. of Botswana to explore for diamonds in the African country. Under the agreem…
Articles by Northern Miner Staff
Breakwater lowers Corona earnings
Despite an 11% increase in gold and gold equivalent production, Corona (TSE) reported slightly lower earnings in 1990 over those reported in 1989. The company’s 1990 net earnings reached $9.2 million,…
NEWS IN BRIEF Riviera Explorations Ltd.
Riviera Explorations Ltd. (RE:VSE) has changed its transfer agent to Pacific Corporate Trust Co.
!Kidd Creek plans to cut zinc output
Falconbridge, a private company held equally by Noranda (TSE) and Trelleborg AB of Sweden, is reducing zinc production at its Kidd Creek, Ont., division by 20,000 tonnes (22,000 tons) this year. Falco…
Obituary Andre Laurin
Andre Laurin, chief executive officer of Societe Quebecoise D’Exploration Miniere (SOQUEM), died suddenly on March 7. He was 62. Laurin, who received a doctorate in geology from Laval University in 19…
Ontario Over-the-Counter New zone at MacLeod
Two holes drilled into the mineralized contact at the MacLeod Lake property north of Chibougamau, Que., have intersected a new copper zone, the South zone, extending over a strike length of 500 metres…
Writedown puts Malartic in red
Lower gold prices combined with asset writedowns and provisions for losses on certain investments put Malartic Hygrade Gold Mines (VSE) in the red durring 1990. The company reported a loss of $5.55 mi…
OBITUARY Ossian Walli
Ossian “Ossie” Walli, a well-known educator and founding architect of the post-secondary Haileybury School of Mines, died recently in New Liskeard, Ont., after a brief illness. He was 88. Born at Copp…
GOLD FUNDS (March 18, 1991)
BGR Central Net Value $ 9.20 $ 5.15 Price $ 8.00 $ 4.650 Discount 13.04% 9.7% Value $54,763,943 $78,232,995…
U.S.REPORT Silverado releases O’Dea reserve
Following a compilation of past drilling and underground development work on the Ester Dome joint venture, 20% owner Silverado Mines (VSE) estimates preliminary reserves on the O’Dea vein stand at abo…
TSE Short Positions (March 18, 1991)
Semi-monthly reports as of Feb 28, showed 25,585,763 shares of 593 issues compared with 26,111,256 shares of 611 issues on Feb 15. Larger individual positions included: Amer.Barrick 204,252, up 32,324…
TORONTO STOCK EXCHANGE INDICES (March 18, 1991)
Mar.12 Mar.11 Mar.8 Mar.7 Mar.6 HIGH LOW Composite “300”3544.41 3555.00 3571.42 3564.04 3571.53 4009.47 3009.91 Metals & Minerals3217.09 3204.19 3235.65 3237.50 3244.10 3453.06 2502.63 Integrated Mine…