News

Royal Oak Res. negotiates purchase of Pamour assets

The Australian owner of the Pamour group of companies has found a buyer for a large portion of its Canadian mining assets. Giant Resources of Sydney says it has entered into an agreement with Royal Oa…


Pezim hearings to be televised

The British Columbia Securities Commission will allow certain television and radio stations to record and broadcast a hearing into insider trading and other allegations against Murray Pezim and other …


Extraordinary gain boosts Pioneer

The conversion of the balance of a 52,000-oz. gold loan to a U.S. dollar loan has brought about a $5.5-million profit for Pioneer Metals (TSE). As a result, net earnings for the first quarter ended Ma…


TVX seeking deal on big Brazilian nickel deposit

Toronto-based Consolidated TVX Mining (TSE), a growing gold producer with interests in four projects in South America, is moving toward becoming a nickel miner. Shareholders at the recent annual meeti…


MAC to adopt product stewardship approach

The 100 members of the Mining Association of Canada (MAC) will be taking on added responsibilities for protecting the natural environment under its new Chairman Keith Hendrick. He is also president of…


Graphicor options SOQUEM property

An option to earn a 50% interest in the Lac Carmin graphite property near St. Jovite, Que., has been acquired by Exploration Graphicor from SOQUEM, the Quebec Crown- owned mining exploration company. …


Canchrome uncovers chromite values

Recently completing drilling programs on two chromite properties in Quebec’s Eastern Twps. was Canchrome Mines. On the Reed Belanger property, 22 holes representing 6,425 metres were drilled. The comp…


Dynamic changes

Shareholders of investment management company Dynamic Capital Corp. recently approved a name change to Dundee Capital Corp. and a reorganization of the share capital. Each holder of common or subordin…


Gem Safari planned for `Down Under’

A Vancouver mining engineer and gemmologist will lead a tour of Australia for hunters on the trail of opals, sapphires and other gems. Led by Ron Stokes, the opal and gem safari will run from late Oct…



North Lily to drill

A trenching program on the Nine Mile property has prompted owners North Lily Mining (NASDAQ) to proceed with a drilling program. The trenching program tested a 4,400-ft. long east-west trending fault …


Toronto Stock Exchange Indices (June 25, 1990)

June 19 June 18 June 15 June 14 June 13 HIGH LOW Composite “300” 3529.05 3519.85 3569.09 3577.11 3605.71 4009.47 3334.13 Metals & Minerals 3181.04 3183.21 3217.65 3229.20 3250.72 3453.06 2850.84 Integ…


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