Metal Prices FREE MARKET (November 19, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date November 13 November 12 November 9 November 8 November 7 Copper 1331-1332 1308-1310 …
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FINANCING (November 19, 1990)
Greenstone Resources Ltd. — min of 550,000 and max of 1,750,000 units consisting of 1 common sh and 1/2 series C sh purc wt offered @ $2.75 per unit, plus 386,750 exchange units consisting of 1 commo…
U.S. REPORT Hecla declares dividend and earnings
As a result of increased gold production and lower costs at its silver operations, Hecla Mining (NYSE) reported net earnings of US$591,000 for the third quarter ended Sept. 30, compared to a loss of U…
NEWS IN BRIEF Tasu Resources Ltd.
Tasu Resources Ltd.(TAS: VSE) has changed its name to Imtrex Industries & Recycling Inc. with no consolidation of capital. Transfer agent is Montreal Trust.
Pouliot `under siege’ as mines minister
Ontario’s newly appointed mines minister says he is placed on the defence during a recent interview with The Northern Miner. “I am under siege,” jokes Gilles Pouliot, 48 — a feeling that may be inevi…
A darker shade of green Mining and the environment
Environmental responsibility is a hot topic these days. The corporate communit ha no move t suppor th gree revolution Bu th corporat officer an directors statutor liabilit fo environmenta matter i con…
IOCC GOLD OPTIONS (November 19, 1990)
Options Open Series Volume Last Interest Nov. 360 C 238 23.00 393 Nov. 370 C 177 15.00 559 Nov. 380 C 686 6.00 1,162 Nov. 390 C 426 1.50 1,910 Nov. 400 C 437 0.20 2,915 Feb. 420 C 416 7.50 1,566 Feb. …
COATS (over-the-counter) Anglo gains 28 cents
Almost tripling in value, Anglo Swiss Mining topped the most active list for the week ended Nov. 13, as more than 300,000 shares changed hands. Anglo, which gained 28 cents to close at 45 cents, is pr…
Output up, losses down at Hope Brook
Record high gold output of 34,571 oz. helped to stem the flow of red ink at Hope Brook Gold’s (TSE) underground gold mine in Newfoundland for the three months ended Sept. 30. But, the company blamed h…
Princeton expects new estimate of minable reserves by year-end
With the recent completion of a third phase exploratory drilling program, Princeton Mining (TSE) expects to have an updated minable reserve in hand by year end for its Similco copper mine project near…
EDITORIAL PAGE EMR report tells only half the story
The federal Department of Energy, Mines & Resources (EMR) has come up with an important document outlining its view of the current state of affairs in the Canadian mineral exploration industry. What m…
Cusac encouraged by drill results
A drill program operated by Total Energold (TSE) at the Cassiar gold project in northern British Columbia is returning encouraging results for Total and partner, Cusac Industries (TSE). Total is drill…