Skyrocket sues VSE for $230,000
A writ of summons has been filed in the Supreme Court of British Columbia by Skyrocket Exploration and Resources (VSE) against the Vancouver Stock Exchange and a number of its employees. The writ invo…
Articles by Northern Miner Staff
COATS (over-the-counter) Gold Bar drops 25 cents
Gold Bar Resources’ announcement that it has hired the firm of James Wade Engineering to prepare a prefeasibility report on Gold Bar’s Chester Twp. Ont., gold property didn’t do much to help that issu…
FUTURES PRICES Metal Prices (December 25, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec106.30 104.00 106.20 + 3.10 Jan104.50 102.50 104.80 + 2.20 Feb103.10 103.10 104…
Editorial More on interest rates
From a speech by John Crow, Governor of the Bank of Canada, to the Winnipeg Chamber of Commerce In what I have just said I have aimed to make clear why the Bank of Canada has been seeking in recent …
Greenstone to test mill at Millie Mack
Toronto-based Greenstone Resources (TSE) and partner Dragoon Resources (VSE) have mobilized a 50-ton-per-day flotation mill which will begin processing material from the company’s 4,407-acre Millie Ma…
Agnico, Dumagami merger can’t stop takeover talk
It is business as usual at the Agnico-Eagle Mines (TSE) group now that shareholders of 43% owned Dumagami Mines have approved a merger with Agnico. At a special meeting in Montreal, 90% of Dumagami sh…
Miner library closed to public
Beginning Jan 1, 1990, The Northern Miner’s library will no longer be open to the public. Reports of companies’ current status will still be provided in response to written requests that are accompani…
News in Brief (December 25, 1989)
Quartz Creek Gold Mines (B.C.) has changed its name to Pilot Peak Gold Inc. (VSE) on a 1-new-for-3-old-share basis. Transfer agent is Pacific Corporate Services Ltd.
Obituaries Robert Halet
Dr Robert Halet of Milton, Ont., a geologist instrumental in several significant discoveries, died recently. He was 79. Born in Brussels in 1910, he graduated with a B.Sc. in geological engineering fr…
FINANCING (December 25, 1989)
Foresthill Res — gross proceeds rec $250,000. Annax Ventures — min 500,000 offered @ 50 cents per sh. Kendra Gold — 600,000 shs sold in 300,000 units @ $1 per unit.
Metal Prices (December 25, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 19 Dec 18 Dec 15 Dec 14 Dec 13 Copper 1488-149…
Hillman increasing Cal Graphite stake
A minority shareholder of Cal Graphite (VSE) is planning to increase its holdings in the junior to more than 15%. Wilmington Securities, a Delaware subsidiary of The Hillman Co., controlled by Pittsbu…