1989

Suntac financing for Polaris-Taku

A public issue is planned by Vancouver-based Suntac Minerals (VSE) for a third-phase work program at the Polaris-Taku gold project in northwestern British Columbia. A statement of material facts is be…


Agnico, Dumagami merger plan given nod by directors

Directors of Toronto-based affiliates Agnico-Eagle Mines (TSE) and Dumagami Mines (TSE) have given approval to the terms of a proposed merger of the two companies. Pending approval of Dumagami shareho…


Alberta Stock Exchange Guinness, Holmer up

In a week when trading patterns could only be described as lacklustre, slight gains were made by a couple of issues which haven’t been in the limelight lately. Guinness Gold Resources advanced by 20 c…



St. Genevieve income

Montreal based St. Genevieve Resources (TSE) reported a 9-month net income of about $1.3 million (3 cents per share), compared to a loss of $2.9 million (20 cents per share) for the same period in 1…


FUTURES PRICES (November 20, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov– — 115.75 + 1.90 Dec116.40 116.40 116.20 + 1.85 Jan116.00 116.00 114.20 …


Metal Prices (November 20, 1989)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 14 Nov 13 Nov 10 Nov 9 Nov 8 Copper 1701-17…


TSA forms joint venture with Teck

A joint venture involving TSA Explorations (VSE) and Teck Corp. (TSE) was formed to explore a lead-zinc-silver prospect 90 km east of Quesnel, B.C. Teck will act as operator for a 52% interest, while …


Bond reports loss of $1.9 million (US)

A net loss of $1.96 million(US), or 3 cents per share, was reported recently by Bond International Gold (TSE) for the company’s first quarter ended Sept 30. That figure compares with net income of $1….


Chelsea suspends mining operations

Mining operations were recently suspended at the Spotted Horse underground gold mine operated by Chelsea Resources (TSE). The company indicated that resumption of operations at the Montana mine would …



Deak Resources joining metal producer ranks

Spearheaded by mining executive Malcolm Slack, Deak Resources (TSE) has been organizing and assembling gold and base metal properties in the Rouyn-Noranda, Que., and Virginiatown, Ont., areas with the…


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