Montreal Exchange Cambior ups offer
When Cambior Inc. decides to pursue an acquisition target, it seems there is no holding back the major Quebec gold producer. Initially bidding $1.50 per share for between 30% and 60% of Nova- Cogesco …
News
Aunore funding
Two private placements totalling $1 million have been completed by Aunore Resources (ME) with Middlefield Resource Fund 1988 Ltd. Partnership II. The company says proceeds from the placements (worth $…
Robex plans start-up of barite project
Start-up by late 1989 of an open- pit barite mining operation near Upton in Quebec’s Eastern Townships, has been announced by Robex Resources (ME). The company reports it is acting on the results of a…
People (December 19, 1988)
SINDOR RESOURCES — Fred H. Loghtner appointed president and chief executive officer.
Metal Prices PRODUCER PRICES (December 19, 1988)
ALUMINUM: MW U.S. Market $1.0725- $1.0975 per lb. (Dec 1, 1988). ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988). BISMUTH: New York dealer $6.25-$6.40 per lb. (Dec 1, 1988). CADMIUM: New Yor…
INSIDER TRADES (December 19, 1988)
Dolphin — P. Brown bought 33,200 (Oct) @ $1-1.05 to hold 88,800. Laverty Red Lake — T. Gillett sold 210,000 (May) @ 72.5 to hold nil. Muscocho — Echo Bay bought 47,000 (Nov) @ $4 to hold 8,846,29…
Metal Prices FUTURES PRICES (December 19, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Dec 156.10 151.65 152.00 + 0.75 Jan 143.00 142.00 142.00 — 2.80 Mar 132.00 128.20 129…
Kewagama drilling at Granada bet
A preliminary underground drilling program at the Granada property in northwestern Quebec has been completed, Kewagama Gold Mines (Quebec) (ME) reports. A total of 3,288 ft of drilling was carried out…
Vancouver Stock Exhange Calpine continues to climb
With the Christmas season drawing near, market activity on the VSE has dropped off considerably. The expected seasonal decline and some tax-loss selling impacted on the VSE Index which was off 2.35 po…
Peruvian strike over
An end to the 8-week-old miners’ strike in Peru appears to be over. The government and miners’ union federation reportedly have signed an accord which will send the country’s 60,000 miners back to wor…
Map available now of B.C. hot spots
A full color map covering one of the most active exploration areas in Canada is now available from Equity Preservation Corp., of Vancouver. Accompanying the 25×37 inch map is a handbook with ownership…
Suntac looks to revive Polaris-Taku mine
The Polaris- Taku mine in northwestern British Columbia which produced 230,000 oz gold from ore grading 0.47 oz from 1938 to 1951, is being evaluated by Suntac Minerals (VSE) for its potential to agai…