St. Gen. cancels Swiss debentures
St. Genevieve Resources (TSE) recently bought for cancellation, $10.7 million worth of its 5.625% convertible bonds, through a transaction on the Swiss bond market. The bonds were purchased for the eq…
News
EDITORIAL Miners meet minister
Ontario’s mining industry got a good look at the province’s new mines minister during the first Ontario Mining Week and apparently liked what it saw. Gilles Pouliot charmed his audience at a reception…
Montreal Exchange Latest Douay tonnage
Investors continued to be active but prices tumbled on the ME, with both the general market portfolio index and the mining and minerals index hitting new lows this year during the week ended Oct. 16. …
Tonnage potential at Quet
Initial drilling results from the Quet property, 90 km northeast of Vancouver, returned wide intersects of low-grade gold. Noranda (TSE) is earning a 60% interest in the property from Aranlee Resource…
Bethlehem, Goldnev join forces to explore prospects near Revelstoke
A recent joint venture agreement between Bethlehem Resources (TSE) and Goldnev Resources (VSE) will provide for ongoing exploration of several prospects in the vicinity of the Goldstream polymetallic …
Spot prices at a glance (October 22, 1990)
Week’s Price (US) Change Gold* $365.75 — $26.45 Silver* $ 4.22 — $0.41 Platinum* $395.55 — $48.20 Nickel** $ 4.13 — $0.15 Lead** $ 0.35 + $0.00 Copper- $ 1.17 — $0.12 Zinc– $ 0.60 — $0.01 Court…
Toronto Stock Exchange Gold issues recover as buyers move back
After taking the worst drubbing since Saddam Hussein’s Iraqi forces entered Kuwait, gold managed to regain some of its lustre following the week ended October 16. Pressured by a series of factors incl…
Toronto Stock Exchange Indices (October 22, 1990)
Oct. 16 Oct. 15 Oct. 12 Oct. 11 Oct. 10 HIGH LOW Composite “300” 3009.91 3032.84 3047.94 3055.29 3109.87 4009.47 3009.91 Metals & Minerals 2587.95 2634.56 2624.74 2632.65 2708.95 3453.06 2587.95 Integ…
UBC receives grant from Geddes
Geddes Resources (TSE) is making a $30,000 donation to the University of British Columbia to support glaciology research. The grant will allow the Department of Geophysics and Astronomy to finance res…
Rea Gold evaluating Kookaburra assets
Rea Gold (TSE) is carrying out a due diligence review of the mineral assets of Kookaburra Gold (VSE) as a first step in plans to acquire a controlling interest in the Australian- backed junior. Althou…
GOLDFUNDS (October 22, 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…
Dome mine’s fate hinges on union vote
Gold-producer Placer Dome (TSE) has put the fate of the 80-year-old Dome mine here in the hands of the United Steelworkers of America. On Oct. 11, the company delivered videotaped messages from Anthon…