1990


Govt. watchdog reviewing Northgate, Westfield deal

A determined effort by some shareholders of Westfield Minerals (TSE) to persuade regulatory authorities to review the sale of Westfield’s interest in a Chilean gold mine to Northgate Exploration (TSE)…



Freewest in position to fund Noranda bet

A flow-through financing agreement with CMP 1990 Resources and Co. has put Freewest Resources (ME) in a position to fund its share of a 100,000-ft. drill program at its 40% owned Harker Holloway gold …


Alberta Stock Exchange Louisiana eyes copper

A copper project in New Mexico near the town of Silver City has caught the attention of Louisiana Mining. The junior has entered into a letter of intent with an individual to acquire a 51% interest in…



Million-oz. coin

Sales of the Australian Nugget gold coin recently reached one million ounces, less than three years after it was introduced. Government agency Goldcorp Australia says the coin, released in April, 1987…


Westar income slashed by higher costs

Higher costs associated with its forest products division have slashed earnings for Westar Group, the controlling shareholder of Westar Mining (TSE). Westar reported first-quarter net earnings of $0.4…


Golden Rule has 22% stake in Waddy Lake

GR Capital Corp., a subsidiary of Golden Rule Resources (TSE), says it will not be acquiring more shares of Waddy Lake Resources (TSE), except in compliance with all legal and regulatory requirements….



Pine Point earnings fall in first quarter

Lower zinc prices in the first quarter of 1990 resulted in a 38% earnings drop for Pine Point Mines (TSE). Net earnings for the quarter totalled $14 million ($3.02 per share), compared with $22.5 mill…


Metal Prices (May 07, 1990)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 1 Apr. 30 Apr. 27 Apr. 26 Apr. 25 Copper 1755-1760 1578-1579 1624.50…


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