Atlas Copco awards $2,500 scholarship
In 1982, Atlas Copco Canada established at Haileybury School of Mines an annual scholarship of $500 for a student in the school’s mine maintenance program. In 1989, the value of this scholarship was i…
News
Charlim financing
A private placement of 3.3 million flow-through shares by Charlim Explorations (VSE) will allow the company to fund exploration on mineral prospects in Ontario and Quebec. The placement was completed …
People (November 13, 1989)
PIONEER METALS — The new board of directors consists of Stephen Sorenson, chairman; Dr Stewart Blusson, vice-president, exploration; and Wayne Smith.
Hope Brook loss
The Hope Brook gold mine in Newfoundland continues to operate at a loss, owner Hope Brook Gold (TSE) says. For the third quarter ended Sept 30, Hope Brook lost $3.9 million or 13 cents per share. Alt…
Cominco increases stake in smelter
A wholly owned subsidiary of Cominco Ltd. (TSE), Cominco American, has purchased a 50% interest in the Glenbrook nickel smelter from USA Investments. The Glenbrook nickel smelter is in Riddle, Ore. It…
Toronto Stock Exchange Indices (November 13, 1989)
1989 Nov 7Nov 6Nov 3Nov 2Nov 1HIGH LOW Composite “300” 3923.253906.753929.103935.703935.594037.833353.13 Metals & Minerals 3401.823380.953430.763441.143447.863919.203207.50 Integrated mines 3539.4735…
Gold funds as of Nov 7
MVP BGR Central Capital Net value $11.70 $5.96 $0.52 Price $10.75 $5.62 $0.26 Discount 8.12% –5.6% 50% Value $69,681,890 100,299,963 N/A…
UNB open house
The Geological Engineering Society at the University of New Brunswick (UNB) is hosting its fifth annual open house on Nov 20. The open house provides members of industry and government to become famil…
Potash Corp. listed
Trading in the shares of Potash Corporation of Saskatchewan (TSE) began trading on an “if, as and when issued basis” on The Toronto Stock Exchange. The common shares of the company were to trade on a …
Conference set for workers compensation
The third annual conference on Workers’ Compensation, sponsored by the Employers Council on Workers’ Compensation, will be held at the Metro Toronto Convention Centre Nov 29. The conference will begin…
FINANCING (November 13, 1989)
ONTARIO Alta Ventures — min 700,000 offered @ 35 cents per sh. Int’l Azora — gross proceeds rec $600,000. Yukon Spirit Mines — gross proceeds rec $275,000. Golden Peaks Res — 250,000 flow-through…
Integrated encouraged at Goat
Edmonton-based Integrated Resources (ASE), which is making a takeover bid for Northern Minerals (TSE), recently obtained some encouraging results from exploration at its Goat gold project near Telegra…