INSIDER TRADES (June 13, 1988)
Audrey — Northgate Expl bought 140,845 (private) to hold 140,845. Barron Hunter Hargrave — J. Hargrave sold 75,000 to hold 4,367,200. S. Hargrave sold 48,000 to hold 2,471,200. Cominco — N. Keevil,…
News
Placer miners welcome new policy for Yukon
A new federal government policy governing placer-mining in the Yukon Territory has met with approval from the territory’s placer mining industry. Released in mid-May, the Yukon Fisheries Protection Au…
Small mine raises big hopes for northern Sask.
Joan Duncan, the new Minister of Northern Affairs, is no stranger to the healing power of gold. As a pharmacist in Maple Creek, Sask., Duncan prepared gold compounds as a treatment for arthritis. And …
Neil de Gelder ushering in new securities era for VSE
Keeping his finger on the policy-making pulse of North America’s leading venture capital market, British Columbia’s superintendent of brokers, Neil de Gelder, is exceedingly bullish about the future o…
Australian conference draws 1,300
The conference Bicentennial Gold 88 held in Melbourne, Australia, May 14-19 brought together some 1,300 geologists, geochemists and geophysicists from 40 countries and a strong delegation from nine Ca…
Homestake takes position in Vancouver companies
Developing “strategic relationships” has become an important part of Homestake Mining’s investment strategy in recent months, particularly in Canada. A few weeks ago the company entered into a series …
Audrey’s new sulphide lens, biggest since Quemont find
With four drills on site, Audrey Resources (TSE) is beginning to outline the dimensions of a new massive sulphide lens discovered recently near the company’s 70%- owned Mobrun mine workings at Rouyn-N…
Income from Barrick down, Horsham says
Due to the dilution of its ownership position in American Barrick Resources (TSE) of Toronto, The Horsham Corp.’s (TSE) share in the gold producer’s income declined this year. Horsham reported first q…
Gold City producing gold at Indian River placer bet
After brief delay, gold production is under way at Gold City Resources’ (ASE) placer operation at Indian River, Yukon, the company said recently. Thought to contain about two million oz of fine gold, …
Gold not the only mineral being sought in Madoc camp
Ontario’s oldest gold camp — the Madoc area in the eastern part of the province — is still the site of exploration activity, although other minerals are being sought in addition to gold. One of the …
Pegasus, CoCa merger ends in disagreement
A proposed merger between Pegasus Gold (TSE) and CoCa Mines (NASDAQ) has collapsed because the “two companies were unable to agree on certain provisions relating to management of the merged company,” …
Silverado mine profit
An operating profit was generated by the Grant gold mine, owned 100% by Silverado Mines Ltd. (VSE). Located in Alaska, the Grant mine produced 856 oz of gold in April which resulted in an operating pr…