11 Toronto Stock Exchange Indices
Aug. 21 Aug. 20 Aug. 17 Aug. 16 Aug. 15 HIGH LOW Composite “300” 3457.65 3487.69 3491.90 3509.99 3508.08 4009.47 3334.13 Metals & Minerals 3064.07 3129.37 3147.33 3168.33 3197.88 3453.06 2850.84 Integ…
News
Metal prices, dollar affect Audrey results
Weak precious metal prices and a strong Canadian dollar were two factors that forced Audrey Resources (TSE) to break out the red ink when reporting its first-half financial results. The Rouyn-Noranda,…
Early Lynne relults confirmed by Noranda
There is little doubt that Noranda Exploration has touched on something big at the Lynne project in Wisconsin. As the results from some of the most recent holes confirm, Noranda’s zinc discovery is no…
Nickel prices slash profits at P.T. Inco
Following in the footsteps of its parent company, P.T. International Nickel Indonesia suffered a 53% drop in earnings in the first half of 1990. Lower realized nickel prices continued to drain the com…
Brosnor meeting
Shareholders of Brosnor Exploration (ME) will vote on a proposed corporate consolidation at a Sept. 29 meeting. Proposed is a consolidation based on seven old shares for one new share. Also proposed i…
Hillsborough reports higher net income
Earnings are up for Hillsborough Resources (TSE). In the first six months of 1990, Hillsborough reported a net income of $997,711 (20 cents per share), compared with $581,000 (12 cents per share) for …
7 COATS (Over-the-counter) arker-Holloway results
Some of the best results from the Noranda-Freewest property in Harker and Holloway twps., Ont., came in this week, including a 64-ft. section grading 0.43 oz. gold per ton. The downdip and western ext…
Fortune begins work on Newfoundland bet
Using a public financing completed in July, Fortune Bay Resources (VSE) will begin trenching and drilling on its Isle Aux Mort gold property this month. Fortune will be investigating a sheeted quartz …
Akiko reports Springpole assays
Joint venture partners Akiko- Lori Gold (VSE) and Noranda (TSE) have reported more low-grade gold intercepts from an ongoing work program at their Springpole property, 70 miles northeast of Red Lake, …
U.S. REPORT Seine River to develop California gold mine
The results of a preliminary feasibility study on the newly acquired Lincoln project has management of Seine River Resources (VSE) optimistic the historic former producer can be developed into a moder…
Black Hawk plans 30,000 ft. drill program for Minago
A 20,000-30,000-ft. diamond drilling program is being planned by Black Hawk Mining (TSE) for the company’s Minago nickel property, 140 miles south of Thompson, Man. Black Hawk says the drill contract …
IOCC GOLD OPTIONS (August 27, 1990)
Options Open Series Volume Last Interest Nov. 380 C 304 38.50 747 Nov. 400 C 699 29.00 1,468 Nov. 410 C 772 25.00 1,263 Nov. 420 C 1,074 15.00 2,028 Nov. 430 C 1,115 16.90 1,311 Nov. 440 C 2,623 9.10 …