FINANCING (December 17, 1990)
Dundee Resources Corp. — 1,800,000 shs offered @ 17 cents per sh. Sundance Resources Ltd. — 2,000,000 shs offered @ 27 cents per sh. Mountain Beaver Resources Ltd. — 2,700,000 units consisting of 1…
Articles by Northern Miner Staff
BOOKS IN REVIEW Yellowknife founders tell their stories
The first volume of Yellowknife, N.W.T., an Illustrated History, published recently, is a project initiated by Susan Jackson to commemorate the city’s 50th anniversary celebrated in 1984. Although she…
Ivanhoe in control of S.A. Goldfields with private placement
The board of directors of South American Goldfields (TSE) has been strengthened following the recent completion of a private placement with Ivanhoe Capital Corp. .TControl of the junior gold explorer …
Grizzly Creek plans to boost interest in Philippines project
Vancouver-based Grizzly Creek Resources (VSE) says it will increase its interest in Golden Valley Explorations, owner of the Pinkian copper and gold property in the Philippines. Grizzly Creek has a 40…
NEWS IN BRIEF Black Hawk Mining
Shareholders of Black Hawk Mining (TSE) have until Dec. 21 to exercise rights issued at a rate of one right for every 2.3 shares. (Fractional interests in rights will be rounded down to the nearest lo…
Alberta Stock Exchange Biron Bay steady
Despite a lacklustre gold market, Biron Bay Resources managed to hold on to its recent price gains by closing at $1 on volume of 64,500 shares in the week ended Dec. 11. The company is bullish on the …
Metal Prices FREE MARKET (December 17, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date December 11 December 10 December 7 December 6 December 5 Copper 1274-1276 1279-1280 …
U.S. REPORT Galactic, Cornucopia seek cash for overruns
Cost overruns and a shortfall in planned gold production from the Ivanhoe joint venture in Nevada have forced partners Galactic Resources (TSE) and Cornucopia Resources (TSE) to obtain an additional U…
IOCC GOLD OPTIONS (December 17, 1990)
Options Open Series Volume Last Interest Feb. 380 C 162 10.10 884 Feb. 390 C 344 8.50 1,310 Feb. 400 C 380 4.50 1,734 Feb. 410 C 116 3.60 1,382 Feb. 430 C 350 2.70 2,269 Feb. 450 C 300 1.50 843 May 43…
Partners planning program at Skookum
Equal partners Noront Resources (VSE) and Blue Emerald Resources (VSE) are planning a second-phase program for their Skookum property, 3.4 miles from the Eskay Creek deposit in northwestern British Co…
People DICKENSON MINES AND WHARF RESOURCES (December 17, 1990)
Robert McEwen appointed president of these companies succeeding David Libby who resigned; John Cook appointed both companies’ vice- president of operations.
Davidson purchase
An agreement to purchase the shares of private Ontario company Aurora Steel Services for $2.17 million has been concluded by Davidson Tisdale Mines (TSE), the mining company reports. Aurora manufactur…