FINANCING (October 08, 1990)
Pacific Summa Capital Corp. — 200,000 shs offered @ 50 cents per sh. AIC International Resources Corporation — 300,000 shs offered @ 35 cents per sh. Tyme Resources Ltd. — 700,000 shs offered @ 20 …
News
NEWS IN BRIEF Canadian-United Minerals
Canadian-United Minerals, Inc. (CUN:VSE) has changed its name to Mansfield Minerals Inc. (MDR:VSE) on a 1-new-for-5-old- share basis. One third of the company’s interest in its Come Mountain property …
NEWS IN BRIEF Christina Exploration Ltd.
Christina Exploration Ltd. (KRX:VSE) has changed its name to I.E.S. Technologies Corp. with no consolidation of capital. Transfer agent is Pacific Corporation Services.
PEOPLE PACIFIC GOLD
Douglas Hooper appointed to the board of directors and on an interim basis, appointed president by the board.
Work suspended
Mill construction at the Ray copper mine expansion in Arizona has been temporarily suspended pending the resolution of an issue related to permitting at the site, Asarco (NYSE) reports. The company sa…
GOLD FUNDS (October 08, 1990)
MVP BGR Central Capital Net value $10.59 $5.88 $0.30 Price $9.375 $5.625 $0.17 Discount 11.47% 4.3% 43.3% Value $63,072,526 $94,636,688 N/A…
NEWS IN BRIEF Falconbridge Ltd.
Falconbridge Ltd. (FL:TSE), in Onaping, Ont., is to develop a computer system which may improve productivity and efficiency in underground mines. Under a $158,000 contract with CANMET, Falconbridge is…
NEWS IN BRIEF Kel d’or Resources
Keld’or Resources Inc. (KED: VSE) has changed its name to Consolidated Keld’or Resources Inc. (CKD:VSE) on a 1-new-for-3-old- share basis. Transfer agent is Montreal Trust.
Correction (October 08, 1990)
LAC Minerals (TSE) purchased its 65% interest in Bond International Gold (TSE) for US$379 million. An incorrect figure was previously reported (T.N.M., Oct.1/90).
Amax amends Coral deal
It appears that Amax Gold (TSE) is prepared to continue with a second phase exploration program on the Robertson gold property, owned by Coral Gold (TSE) in northern Nevada. The two companies reached …
Johnson mine begins commercial output
The Johnson Camp copper mine near Benson, Ariz., has reached commercial production and will be operating at full capacity by mid- October, says owner Arimetco International (TSE). Ore from the mine is…
Wilson explanation ovrlooks key information
Throughout the summer months the Prospectors and Developers Association of Canada conducted a national campaign designed to inform provincial and federal MPs of the dangerous situation into which Cana…