Arimathaea boss exercises options
Graham Ferguson Lacey, the new chairman of Toronto-based Arimathaea Resources (TSE) recently exercised his rights under a management stock option plan to acquire 85,000 of the company’s common shares….
News
New SOQUEM president named
The mineral exploration arm of the Quebec government, Societe quebecoise d’exploration miniere (SOQUEM), has a new chief. Yves Harvey, 41, was recently nominated by the Quebec cabinet as president and…
Spot prices at a glance (August 19, 1991)
Week’ Price (US) Change Gold* $356.50 + $ 0.65 Silver* $ 3.95 — $ 0.02 Platinum* $348.25 — $ 6.25 Nickel** $ 3.72 + $ 0.01 Lead** $ 0.25 $ 0.00 Copper{ $ 1.01 + $ 0.01 Zinc{{ $ 0.48 $ 0.00 Courtesy …
Beauchamps, Skeena active at Sustut project in B.C.
A $120,000 field program is under way on the Sustut copper-gold project about 200 km north of Smithers, B.C., Beauchamps Exploration (VSE) reported. Sustut is a 50-50 joint venture between Beauchamps …
Parlake renamed Concord Capital
Toronto-based Parlake Resources has changed its name to Concord Capital Corp. (TSE) to more accurately reflect its status as a holding and investment company rather than as a resource-based concern.
OBITUARY (August 19, 1991)
Passed away, on August 11th, 1991, at the age of 76, at Rouyn-Noranda’s Hospital, Dr. Walter Norman Ingham, from Markham, Ontario. He leaves his 6 children: Mary-Margaret, Jane, Edward, Diane, Norman …
Montreal Exchange (August 19, 1991)
Mixed trading marked the week ended Aug. 13, with the market portfolio gaining 2.7 points and the mining and minerals index dropping by 18.6 points. Daily volumes, weakest during the middle of the rep…
Tailings yield gold for operators
A pair of tailings retreatment projects continue to yield gold in the Kirkland Lake, Ont., area, while a similar project at Timmins, Ont., has been shut down and a fourth in the Northwest Territories …
Toronto Stock Exchange (August 19, 1991)
Two of Canada’s newest issues made their presence felt during the week ended Aug. 13 despite more depressing news on the metals front. As metal inventories on the London Metal Exchange reached a recor…
FINANCING (August 19, 1991)
Canarc Resource Corp. – 900,000 units (600,000 of which are guaranteed.) consisting of 1 sh and 1 wt offered @ $1.40 per unit. Butter Rock Resources Inc. – 600,000 shs offered @ 40 cents per sh. Galic…
GOLD FUNDS (August 19, 1991)
BGR Central Net Value $8.99 $5.02 Price $8.25 $4.700 Discount 8.19% 6.4% Value $53,503,370 $79,074,210…
Carina, Manchester commence second-phase ROK exploration
A second-phase exploration program has started on the ROK property, an equal joint venture between Consolidated Carina Resources (VSE) and Manchester Resources (ASE). The copper-gold property is in th…