See Eagle River last paragraph
Hemlo Gold this week acquired an additional 486,600 shares of Central Crude at an undisclosed price through a private purchase agreement with an unspecified seller. Shares of Central Crude have traded…
News
Spot prices at a glance (August 28, 1989)
Week’s Price (US) Change Gold*$366.80–$0.80 Silver*$5.23–$0.01 Platinum*$485.35–$2.65 Nickel**$5.65–$0.34 Lead**$0.32+$0.00 Copper$1.31+$0.05 Zinc$0.88+$0.05 Courtesy of Scotiabank. Information…
Gold funds as of August 22
MPV BGR Central Capital Net value $11.71 $ 5.94 $0.57 Price $10.00 $ 5.75 $0.35 Discount 14.60% 3.2% 38.6% Value $69,723,231 $99,9…
Vancouver Stock Exchange Pezim revives beleaguered VSE
With the help of some spectacular assay results from the Eskay Creek gold project in northwestern British Columbia, Vancouver’s irrepressible Murray Pezim is credited with being a one man revival band…
FUTURES PRICES (August 28, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug125.70 125.30 125.15 + 3.30 Sep126.20 124.20 125.35 + 3.85 Dec122.20 120.80 121.85…
Managing Canada’s Mines Keeping it simple the key to Cameco’s
Th Sta Lak gol min a L Ronge Sask. i goo exampl o ho cos t-consciou managemen ca ge th jo don efficientl by keeping things simp le and prudent. That’ ho Camec brough Sta Lak int product…
Aur estimates reserves of 18 million tons at 2.8% copper, 2.8%
Toronto-based Aur Resources (TSE) has attempted to put an end to speculation regarding the size of its 50%-owned Louvicourt Twp. base metal discovery by announcing a preliminary reserve estimate. Usin…
Aur suing for $81 million as Louvem mum on law suit
The already frosty relations between Aur Resources (TSE) and Societe Miniere Louvem (TSE) are expected to get a shade cooler following news that Aur has launched a second lawsuit against its Quebec- b…
Cominco group to develop Chilean copper mine
A bid by Cominco Resources International (TSE) and parent company Cominco Ltd. (TSE) to develop the Quebrada Blanca copper deposit in northern Chile was recently accepted by ENAMI, a Chilean governmen…
Controversy growing over Shoal Lake mine
A confrontation over interprovincial jurisdiction on environmental matters relating to a proposed gold mine at Shoal Lake, Ont., is certain to be one of the issues raised at a mines ministers’ confere…
B.C. mining industry revenues reach record high
Higher base metal prices, increased sales volumes and continued productivity improvements contributed to a substantial increase in gross revenues and profits for the British Columbia mining industry i…
Montreal Exchange Legal complications
Market action heated up this summer following news of the discovery of a massive sulphide copper-zinc discovery by Aur Resources and Societe Miniere Louvem near Val d’Or, Que. Now the scene has shifte…