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,…
1988
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…
Bunker Hill mine reopening planned later this year
Companies are taking a serious look at dormant base metal producers, including Bunker Hill Mining (U.S.), a subsidiary of VSE-listed Bunker Hill Mining Co. Wright Engineers of Vancouver is preparing a…
Lower quarterly profit reported by Louvem
A gross profit of $108,000 and a net profit of $65,000 were recorded by Louvem Mines (TSE) during the first quarter of this year, compared with a gross profit of $1.5 million and a net profit of $322,…
Huntington shakes VSE
What has been described as a “barn burner” of a drill hole yielded spectacular gold values at Huntington Resources’ (VSE) Brett property west of Vernon, B.C. The intersection that may have jolted th…
Riverton, Cogema in exploration deal
An option to acquire a 51% interest in the Belleterre mine property in Guillet Twp., in northwestern Quebec, has been granted to Cogema Canada by Riverton Resources (VSE) for $2 million. Riverton purc…
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…
San Paulo share sale
Subject to a July 15 closing, San Paulo Explorations (ASE) has entered into an agreement to sell, on a private basis, one million shares in the capital stock of the company at $1 per share with warran…
Toronto Stock Exchange Inco, Falconbridge reach highs as minerals
A summer rally which began last week, continued to roll along adding more than 87 pts to the composite index this week. Today, the TSE index advanced 33.98 pts to close at 3,366.53 pts on volume of 23…
U.S. coal-miner Nerco moves solidly into gold
Choosing between tenure at the University of Alaska or forming his own exploration company, Lawrence Heiner opted out of academia in 1970 and created Resource Associates of Alaska. He hasn’t looked ba…