Pouliot to speak at CIM luncheon
Gilles Pouliot, Ontario’s new mines minister, will spell out the government’s priorities in the mining industry at a luncheon, Nov. 15. The meeting, to be held at the Royal York Hotel in Toronto, is s…
News
Toronto Stock Exchange Indices (November 12, 1990)
Nov. 6 Nov. 5 Nov. 2 Nov. 1 Oct. 31 HIGH LOW Composite “300” 3094.67 3095.24 3085.48 3085.00 3081.26 4009.47 3009.91 Metals & Minerals 2543.57 2575.26 2600.39 2612.30 2606.99 3453.06 2543.57 Integrate…
Anglo encouraged
Narrow intersections carrying visible gold have been reported by Anglo Canadian Mining (TSE) from some recently completed drill holes on its MWF property near Timmins, Ont. The claims are situated in …
Commodity index on the rebound
Helped in part by rising base metal prices, the all-commodity price index of Scotiabank, on the rebound since the first quarter of the year, is riding slightly above levels of 12 months ago. In Septem…
Audrey, Minnova officials blame brokers for rumors
Rumors sparked by a 55 cents increase in the price of Audrey Resources (TSE) shares and a shortage of reserves at four mines held by Minnova (TSE) recently led investors to conclude that Audrey may be…
Swiss bank case could force Comaplex to sell more assets
Under normal circumstances, recent assays from the Meliadine gold project in the Northwest Territories would have offered Comaplex Resources International (TSE) a financial shot in the arm. The announ…
EDITORIAL PAGE Staking rush, or facsimile thereof
The last of Ontario’s great races from claim staking to the mining recorder’s office turned out to be little more than a race to the telephone. The biggest problem was finding a telephone. When 2,400 …
Forbex agreement
A preliminary agreement has been reached between Ressources Miniere Forbex (ME) and Minnova (TSE) regarding the optioning of property in Beauchastel Twp., near Rouyn-Noranda, Que. The agreement will g…
Avondale, Gulf report assays
Underground drilling of the AK zone on the Inel project in the Iskut River area of northwestern British Columbia is returning mixed results for partners Avondale Resources (VSE) and Gulf International…
GOLDFUNDS (November 12, 1990)
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…
Koala, Manridge planning merger
The proposed merger of Toronto- based Manridge Exploration (TSE) with Koala Resources (VSE) of Vancouver is expected to pave the way for exploration in the Eskay Creek region of British Columbia regio…
NEWS IN BRIEF Golden Chance
Golden Chance Resources Inc. (GCH:VSE) has changed its name to Trimark Resources Ltd. (TRK: VSE) on a 1-new-for-9-old-share basis. Transfer agent is Central Guaranty Trust.