New Ground
I would like to draw your attention to a regular column that we initiated with the June issue and that will become a fixture within these pages. We have called the column “Habitat,” which, to risk sta…
News
New Wind Mountain gold mine boosts Amax Gold’s earnings
Amax Gold (TSE, NYSE) continues to post a strong operating performance, with second-quarter output up 29% to 91,654 oz., primarily due to excellent results at its new Wind Mountain mine in Nevada. It …
FUTURES PRICES (July 30, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) July 122.80 121.00 122.25 — 0.50 Aug 120.20 121.65 120.00 — 1.50 Sept 120.80 118.60 120.40 + 0.40 SILVER (in US…
Chase exploring two heap leach prospects
Junior company Chase Resources (VSE) will be exploring two past-producing properties in the Western U.S. for their potential to host large, heap leachable reserves that can be mined by open pit method…
Alberta Stock Exchange Tyrae gains 43 cents
The high-profile Eskay Creek gold region of northwestern British Columbia continues to attract more junior companies. One of the latest newcomers is Tyrae Resources, which following a recent change of…
FINANCING (July 30, 1990)
Cons Carina — 900,000 sold for gross $450,000. Kendra Gold — gross proceeds rec $300,000. Preston Res — 1,200,000 offered @ 50 cents per unit. Rinsey Mines — gross proceeds rec $292,500. Ascot Res…
Curragh profit up in second quarter
Despite increased production at Curragh Resources’ (TSE) Faro lead-zinc mine in the Yukon, the Toronto-based company experienced a slight drop in profits during the first half of 1990. Curragh reporte…
Result speculation reason for jump in Crown Butte issue
Crown Butte Resources (VSE) says it isn’t aware of any reason, other than market anticipation of drill results at its Montana project, why the price of its shares increased by $2.25 recently on heavy …
THE EDITORIAL PAGE Marketing Canadian expertise
A person could spend half his life attending conferences, seminars, symposia and other professional get-togethers that claim to offer special insights into an industry’s current state of affairs. Whil…
Firm zinc price lifts Brunswick earnings
Strong zinc prices helped boost the second-quarter earnings of Brunswick Mining and Smelting (TSE) by about 20% during the 3-month period ended June 30. Brunswick’s second-quarter net earnings improve…
Drilling resumes on Douay gold bet
A new drilling campaign has started on the Douay gold property owned by joint venture partners Inco (TSE), Societe d’Exploration Miniere Vior (ME) and Cambior (TSE). The property is in the Casa Berard…
COATS (over-the-counter) Gold Bar hit with lawsuit
It appears that Southern Arizona Mining and Smelting’s bid for a 50% interest in the Chester Twp. gold property near Gogoma, Ont. is in jeopardy. James Hunter, a shareholder of property owner Gold Bar…