News

Sudbury Contact drilling for kimberlites on Panthco

Toronto-based Sudbury Contact Mines (CDN) is currently drilling on ground held by Panthco Resources (CDN) as part of an exploration drive to find more kimberlite pipes around Kirkland Lake, Ont. In or…


New Geddes CEO seeks dialogue

Geddes Resources (TSE) is changing its emphasis from exploration to public consultation in an effort to communicate more effectively with governments and opponents of its Windy Craggy copper project i…


Wharf deal frees up Golden Reward reserves

A settlement agreement allowing Wharf Resources (TSE) to purchase a 60% interest in the Golden Reward mine from MinVen Resources (TSE) will free up several million tons of reserves for further develop…



EDITORIAL PAGE (June 22, 1992)

The accepted wisdom is that all the easy finds in Canada have been made. Discoveries such as Hemlo a stone’s throw off the Trans-Canada Highway and Louvicourt in the shadow of Val d’Or’s existing head…


NEWS ROUNDUP (June 22, 1992)

Shareholders of Homestake Mining (NYSE) will be meeting July 15 to vote on a proposed plan to acquire International Corona (TSE) through a share exchange. Homestake recently received clearance from th…


Lack of new information hurts Lac de Gras players

Without any hard information to feed on, Toronto Stock Exchange issues involved in the Lac de Gras diamond play lost some momentum during the week ended June 16. Nervous investors have been told not t…


Spot prices at a glance (June 22, 1992)

Week’s Price (US) Change Gold* $342.10 + $4.25 Silver* $ 4.11 + $0.05 Platinum* $369.25 + $2.00 Nickel** $ 3.24 + $0.01 Lead** $ 0.25 $0.00 Copper $ 1.04 + $0.01 Zinc $ 0.59 – $0.07 Courtesy of Scotia…


STOCK MARKETS (June 22, 1992)

Markets were mixed during the period ended June 16, but a bright spot was gold managing to edge above US$340 per oz. to finish at the US$342 level. The Vancouver Stock Exchange resource index closed u…


GOLD FUNDS (June 22, 1992)

BGR Central Net Value $8.07 $5.03 Price $6.38 $4.60 Discount 21.01% 8.50% Value $48,056,000 $77,391,780…


TORONTO STOCK EXCHANGE INDICES (June 22, 1992)

June 16 June 15 June 12 June 11 June 10 High Low Composite “300” 3407.27 3409.77 3407.98 3385.37 3368.63 4009.47 3009.91 Metals&Minerals 3168.64 3174.53 3196.97 3182.40 3170.99 3453.06 2502.63 Integra…


MINER DETAILS (June 22, 1992)

Whether we’re ready or not, a global economy will be a reality of the next decade and century. And in this world of interdependence hurtling toward us, those that can’t accommodate cultural and social…


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