Acadia board in state of flux
A shakeup is in the works at Acadia Mineral Ventures (TSE) which could cost President Donald Smith his job. Before the company’s annual meeting in Toronto could be properly constituted, Smith announce…
News
Zinc, copper prices boost Cominco earnings
Higher prices for zinc and copper brought about an increase in unaudited consolidated earnings for Cominco Ltd. (TSE) during the first nine months of 1989. The company reported earnings of $175.5 mill…
Belmoral, Aur sign milling deal
A custom-milling agreement has been signed between Belmoral Mines (TSE) and Aur Resources (TSE) whereby the former will mill all gold ores produced from Aur’s Kierens and Norlartic projects for four y…
IOCC GOLD OPTIONS Options Open SeriesVolumeLastInterest Nov 360 C
01,263 ** Feb 380 P 16210.001,582 ** ** May 380 P 101 8.50 178 ** The New York closing gold price was $374.20 per oz. Last quotations for IOCC gold options…
Books in Review Book examines remedies for shareholders
At a time when leveraged buy- outs, poison pills and junk financings are becoming almost daily occurrences, it is more important than ever for shareholders of public and private companies to know thei…
Amalgamation plan tabled by Queenston Gold, HSK
Queenston Gold Mines (TSE) and HSK Minerals (TSE), both of Toronto, are joining the growing list of companies who have agreed to amalgamate. By combining their various exploration assets, mostly in th…
COATS (over-the-counter) Teddy Bear active
After forming a joint venture with Noranda Exploration to continue work on a Harker Twp., Ont., gold property, Teddy Bear Valley Mines advanced to $1.50 this week on news of recent drill results from …
Golden Trio, Locke $4.7 m placement
Golden Trio Minerals (TSE) recently entered into a $4.7 million private placement deal with Locke Rich Minerals (VSE). Under the agreement, Locke Rich will purchase either five million special warra…
Metal Prices (November 06, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 31 Oct 30 Oct 27 Oct 26 Oct 25 Copper 1724…
Southam buys The Northern Miner
The Southam Business Information and Communications Group Inc. and Mr Richard Pearce have announced that Southam has purchased The Northern Miner weekly newspaper and other publications, along with No…
Minig exploration
Mining exploration in Quebec received a boost this past summer from a base metal play in the Val d’Or camp known traditionally for its gold deposits. Other highlights of the province’s active explorat…
Waswanipi Crees form own company
The Waswanipi Crees of northern Quebec have become a player in the mining industry. The Indian band, from the province’s Chibougamau area, has set up its own mining company, Cree Exploration. Presiden…