COATS (over-the-counter) Manor makes waves
Newly formed Manor Resources burst on to the exchange this week, taking the volume lead with over 200,000 shares. Opening at $1, Manor picked up 18 cents during the week ended Nov. 20 to close at $1.1…
News
Higher costs hurt MinVen earnings
Lower gold prices coupled with higher operating costs at its mines produced a loss for MinVen Gold (TSE) in the 9-month period ended Sept. 30. MinVen reported a 9-month loss of $3.8 million (13 cents …
Hendrick named `Copper Man of the Year’
The Copper Club of New York recently named Keith Hendrick “Copper Man of the Year.” Currently president of Noranda Minerals, Hendrick is honored for his more than 30 years of service to the mining and…
Low feed at nickel refinery still haunts Sherritt Gordon
Sherritt Gordon (TSE), the Edmonton-based fertilizer and speciality metals manufacturer, continues to suffer the cost of being unable to fill its nickel refinery in Fort Saskatchewan, Alta. The compan…
Hecla, Agnico confirm previous results from Meadowbank gold bet
Lucky Eagle Mines, jointly owned by Hecla Mining (NYSE) and Agnico-Eagle Mines (TSE), has received encouraging results from a 27-hole program on the Meadowbank property, 60 miles northwest of Baker La…
Vancouver Stock Exchange Market receives healthy boost
The Vancouver Resource and Composite Indices both staged rebounds over the reporting period ended Nov. 20. The Resource Index rose 13.8 points to finish at 541.63, while the Composite Index followed s…
FINANCING (November 19, 1990)
Greenstone Resources Ltd. — min of 550,000 and max of 1,750,000 units consisting of 1 common sh and 1/2 series C sh purc wt offered @ $2.75 per unit, plus 386,750 exchange units consisting of 1 commo…
Correction (November 19, 1990)
Intersections from Windy Mountain Explorations’ (COATS) MacLeod Lake property near Chibougamau, Que., include a 75-metre length grading 0.4% copper and a 55-metre length grading 0.53% copper. Incorrec…
NEWS IN BRIEF Tasu Resources Ltd.
Tasu Resources Ltd.(TAS: VSE) has changed its name to Imtrex Industries & Recycling Inc. with no consolidation of capital. Transfer agent is Montreal Trust.
Corona C shares
Burns Fry has announced that it owns or has control over 459,200 convertible first preference C shares of Corona (TSE), representing about 16% of Corona’s outstanding C shares. The securities firm say…
GOLDFUNDS2 (November 19, 1990)
Gold funds as of Oct. 16 MVP BGR Central Capital Net value $10.01 $5.54 $0.28 Price $9.25 $5.125 $0.14 Discount 7.59% 7.5% 50.0% Value $59,611,946 $86,224,538 N/A…
U.S. REPORT Kerr Addison closes grip on RFC board, plans Pend
Kerr Addison Mines (TSE) is moving to take a tighter grip on 44% owned RFC Resource Finance (TSE) before continuing with exploration on RFC’s wholly owned Pend Oreille zinc project in Washington. With…