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EDITORIAL PAGE Metal industry prospects in the 1990s

Just when you thought you had seen it all — the dismantling of the Berlin Wall, free elections in the East Bloc nations and an attempt at political reform in the Soviet Union — along comes power-hun…


Alberta Stock Exchange Fear boosts gold

Trading volumes were generally lower during the week ended Aug. 7 as most investors appeared to be awaiting the outcome of events in the current Middle East turmoil. Meanwhile, gold prices surged ahea…


Montreal Exchange Mazarin, Cambior deal

In response to the latest Mid- East crisis involving a show of force by Iraq, the ME, like its sister equity markets around the world, took it on the chin for the week ended Aug. 7. The general market…



New World bet supports 6 drill rigs

Three core drills and an equal number of reverse circulation drills are currently at work around the clock on the New World property in Park Cty., Mont. The promising gold-silver-copper project is own…



Results from Ski disappoint investors

Assay results were released by Adrian Resources (VSE) for the first two holes drilled on the Ski project north of Stewart, B.C., and adjacent to the Eskay Creek project, owned by Prime Resources Group…


Kerr Addison boosts profits for first half

Strong production performance and contributions from Minnova’s (TSE) new Ansil and Samatosum mines boosted Kerr Addison Mines’ (TSE) net income for the first half of 1990. The company reported earning…


American Barrick/purple vein

Bullish predictions on the potential size of a high-grade gold deposit on American Barrick Resources’ (TSE) North claim block near Carlin Nev., recently returned to haunt a company that holds a royalt…


Insider Trading Insiders miss out on Redfern highs

Helped by exploration results at the Tulsequah Chief polymetallic joint venture with Cominco (TSE), shares of Redfern Resources (TSE) recently touched new highs. The issue climbed to $6 after Redfern …


FUTURES PRICES (August 13, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 130.00 127.50 127.50 + 2.20 Sept 130.30 127.20 127.30 + 2.70 Oct 127.70 125.50 125.45 + 2.85 SILVER (in US ce…


Minerals division is top earner at Noranda

The Minerals division of resource conglomerate Noranda (TSE) captured first place in the company’s four earnings divisions during the second quarter, followed by its manufacturing, forest and energy s…


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