News


The Ukraine attempts to recover gold cache

The Soviet republic of the Ukraine says it will attempt to recover gold deposited by a soldier in the vaults of the Bank of England 270 years ago, according to a report by the Reuters news service. Th…


Corona acquires Prime shares

As part of a recent agreement with Murray Pezim and two associates, Corona (TSE) has acquired 5.6 million shares of Prime Resources Group (VSE). Pezim, Lawrence Page and Arthur Clemiss also granted Co…


Corona now largest Dundee shareholder

Corona (TSE) has become the largest shareholder in Dundee Capital, following the purchase of an additional 750,000 shares and 187,500 share purchase warrants. Corona now owns 2.25 million shares of Du…


Westmin progressing at the Premier project

Although still experiencing cash losses, the Premier project operated by Westmin Resources (TSE) appears to be making progress toward profitability. The open pit gold-silver mine, north of Stewart, B….


Buick-Doe Run wins safety award

St. Louis-based Doe Run’s Buick lead mine in Missouri recently won an award for its 1989 safety record, which showed 147,624 employee hours without lost time to injuries. Called the Sentinels of Safet…


Bailey buying

Recently acquiring 412,500 B shares of Vancouver-based junior Hughes Lang (VSE) was Gregory Bailey and a company he controls, Premier Medical Investments. The shares, combined with 116,000 B shares al…


FINANCING (August 27, 1990)

Coronet Metals Inc — 700,000 offered @ 50 cents per sh. Avondale Resources Inc — 2,000,000 offered @ $1.22 per unit.


Brosnor meeting

Shareholders of Brosnor Exploration (ME) will vote on a proposed corporate consolidation at a Sept. 29 meeting. Proposed is a consolidation based on seven old shares for one new share. Also proposed i…


Ego financing

Toronto-based Ego Resources (TSE) has arranged a private placement of 1.25 million units at 40 cents per unit with Nanisivik Mines, a unit of Conwest Exploration (TSE). The units consist of a mixture …



Positive results from Tulsequah Chief

Impressive assay results from the first hole drilled this season at the Tulsequah Chief polymetallic project in northwestern British Columbia have prompted partners Cominco (TSE) and Redfern Resources…


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