1990



Market slump bring bargains for buyers

Recession woes may have people tightening their belts and investors wary of the stock markets, but economists at the International Bank Credit Analyst say mid-1991 will “see a bottom in world equity m…



Nevada flexes regulatory muscle with hefty fine

Echo Bay Mines (TSE) was recently forced to pay one of the stiffest fines ever levied against a mining company in the State of Nevada. After more than 1,000 birds were killed while drinking from the t…


Toronto Stock Exchange Indices (November 19, 1990)

Nov. 13 Nov. 12 Nov. 9 Nov. 8 Nov. 7 HIGH LOW Composite “300” 3135.08 3119.97 3077.42 3060.55 3071.14 4009.47 3009.91 Metals & Minerals 2593.85 2587.88 2523.81 2492.87 2502.63 3453.06 2502.63 Integrat…


NovaGold options more lead-zinc claims

Following its success on the Sewell Brook lead-zinc property in New Brunswick, NovaGold Resources (TSE) has optioned another 27 claims, 25 km east of its recent discovery. NovaGold says the Sears Lake…



GOLDFUNDS2 (November 19, 1990)

Gold funds as of Oct. 16 MVP BGR Central Capital Net value $10.01 $5.54 $0.28 Price $9.25 $5.125 $0.14 Discount 7.59% 7.5% 50.0% Value $59,611,946 $86,224,538 N/A…


Aurora to drill Best Chance

A 4-hole reverse circulation drill program is planned for the Best Chance copper property by junior Aurora Gold (VSE). Aurora has the right to earn a 100% interest in the Yukon property from Hudson Ba…


Montreal Exchange Agnico reports find

News of a gold discovery near the producing Eagle/Telbel mining project of Agnico-Eagle Mines in the Joutel, Que., area helped shares of the company to jump by $1.25 to $7. The company traded 263,400 …


Siam to mine kaolin deposit in Thailand

Calgary-based Siam Trading (ASE) has signed a joint venture agreement to develop and mine a kaolin deposit situated about 150 km east of Bangkok, Thailand. The company has obtained a 10% working inter…


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