News

Some observers say find the best since Kidd Creek

Mining analysts and industry executives are calling it the most significant base metals strike since the Kidd Creek orebody was discovered near Timmins, Ont., by Texas Gulf back in 1964. The copper-zi…



COATS (Over-the-Counter)

Trading was quiet on COATS this week with share prices generally unchanged to fractionally lower. Last month’s average daily value traded on the over-the-counter market reached a 12-month low of less …



INSIDER TRADES (June 26, 1989)

Bema Gold — G. Nordin sold 57,000 (May) @ $1.01-$1.05 to hold 545,516. Citadel Gold — Sherfam Ind. bought 833,176 (Apr, May) @ $1.15-$1.50 to hold 4,680,096. Cominco — Teck bought 244,879 (May, pri…



Coeur d’Alene Mines produces gold too

Traditionally known as a silver mining company, Coeur d’Alene Mines Corp. (AMEX) is increasingly being perceived as a significant gold producer. Dennis Wheeler, president and chief executive officer o…


Hall of Fame nominations

The Canadian Mining Hall of Fame will induct eight new members early in 1990 to join the 12 members selected this year. The new members — four living and four deceased — will be honored at a dinner …


IOCC GOLD OPTIONS (June 19, 1989)

Options Open Series Volume Last Interest Aug 370 C . 158 7.00 552 Aug 380 C . 999 4.00 1,792 Aug 390 C . 261 2.50 1,690 Aug 400 C . 167 1.50 2,570 Aug 420 C . 187 1.00 1,49…



Obituary (June 19, 1989)

Daniel Audet, a well-known and respected prospector, died recently after a lengthy illness. Born in 1908, Audet prospected throughout Canada, particularly in Ontario and Quebec. In 1985 he was named “…


Others emulate mining’s vitality

From a speech by Jake Epp, minister of Energy Mines and Resources Canada, to the Mining Association of Canada I am well aware of the enormous contribution of the mining industry to the Canadian econom…


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