Supplier’s notes
Scintrex Ltd. of Concord, Ont. has been awarded C$2.7 million in contracts by Romenergo, Romania’s second Canadian deuterium uranium (CANDU) reactor. Scintrex supplied simlar equipment for Romania’s f…
News
Thompson – The other INCO
Inco Ltd. is spending heavily to secure its future in Thompson, Man. In addition to the C$108 million already committed to the 1-C orebody at the main Thompson mine, Birchtree reactivation and the Tho…
50 years ago – December, 1940
DEMAND FULLY MET Robert Stanley, president of International Nickel Co. of Canada, reports that all war and ordinary demands are being fully supplied. He adds that none of the company’s products is bei…
Calendar (December 07, 1990)
Jan 7-11, Reno, Nev. Short Course on Hydrothermal Alterations. Contact Mining, Division of Continuing Education MS 048, University of Nevada, Reno, Nev. 89557-0024. Phone (702) 784-4046. Jan 8-12, Ren…
U.S. REPORT Court demands Mercur document
U.S. exploration company Gold Standard (NASDAQ) has successfully gained access to more documentation relating to the acquisition by American Barrick Resources (TSE) of the Mercur gold mine in Utah. A …
U.S. REPORT Fairbanks boosts Fort Knox reserves
The preliminary “resource” estimate at the Fort Knox gold deposit at Fairbanks, Alaska, has jumped 50% from what was indicated at the end of 1989, Fairbanks Gold (VSE) reports. At a cutoff grade of 0….
Equity sale keeps CoCa in black
Earnings reported by CoCa Mines (TSE) for the third quarter ended Sept. 30 declined to US$52,700 from earnings of US$255,000 in the third quarter of 1989. The sale of the company’s remaining position …
Alberta Stock Exchange Kingswood up 7 cents
With the price of gold remaining at a lacklustre US$377 per oz. in the report period ended Nov. 20, a handful of junior base metal stocks showed the only signs of life in a quiet market. For example, …
Spot prices at a glance (November 26, 1990)
Week’s Price (US) Change Gold* $377.35 — $6.10 Silver* $4.11 — $0.09 Platinum*$413.85 — $2.75 Nickel** $3.96 — $0.07 Lead** $0.31 — $0.02 Copper- $1.18 — $0.00 Zinc $0.58 — $0.00 Courtesy of Sc…
FINANCING (November 26, 1990)
Simon Fraser Resources Ltd. — 300,000 shs offered @ $1.00 per sh. Golden Eagle Resources Ltd. — 1,500,000 shs offered @ 10 per sh.
U.S. REPORT Santa Fe plans corporate split
The railway parent of Santa Fe Pacific Minerals is spinning off its oil and gas and real estate assets into public companies but has no plans at the moment to take the mining company public. Santa Fe …
Onitap and Orex discuss settlement
The possible settlement of litigation related to the Goldboro gold property in Nova Scotia is being discussed by Onitap Resources (TSE) and Exploration Orex (ME), the companies jointly announced. Orex…