1990


BRIEFS Oldest miner dies

A former coal miner regarded by the Guinness Book of Records as the world’s oldest man recently died in Wales at the age of 112. John Evans, whose birth certificate recorded an Aug. 19, 1877, birth da…


Eastfield starts program at Takla-Rainbow

Field work is about to begin on the Takla-Rainbow property, north of Fort St. James, B.C., one of several properties that will be explored by Eastfield Resources (VSE) this season. The Vancouver-based…


Quintette looking to reorganize

To gain time to reorganize, Quintette Coal has obtained a court restraining order keeping third parties from taking action against the company for a period of six months. President Paul Kostuik noted …



FUTURES PRICES (June 25, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) June 115.60 114.40 114.60 + 2.10 July 115.30 112.80 113.00 + 2.40 Aug 112.00 112.00 111.60 + 2.00 SILVER (in US c…



PEOPLE SILVERSIDE RESOURCES

Babu Gajaria elected president succeeding A.L. Hellans who resigned; K. Sethuraman, vice-president succeeding M. Graham who resigned. Bernie Kahlert appointed a director.


Craibbe plans drilling near Campbell mine

Toronto-based Craibbe-Fletcher Gold Mines (COATS), a subsidiary of Placer Dome (TSE), is planning an underground exploration program on its property adjacent to Placer’s Campbell mine near Red Lake, O…


Canchrome uncovers chromite values

Recently completing drilling programs on two chromite properties in Quebec’s Eastern Twps. was Canchrome Mines. On the Reed Belanger property, 22 holes representing 6,425 metres were drilled. The comp…


GOLD FUNDS (June 25, 1990)

MVP BGR Central Capital Net value $10.25 $5.51 $0.34 Price $9.375 $5.500 $0.22 Discount %8.54% %0.2% 35.3% Value $61,003,613 $92,533,650 N/A…


INSIDE Offshore exploration

More Canadian exploration companies are looking beyond North America for exploitable mineral deposits. Many are finding the number of accessible areas in Canada and the U.S. dwindling while the costs …


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