News



Spot prices at a glance (July 23, 1990)

Week’s Price (US) Change Gold* $360.10 + $6.40 Silver* $4.83 + $0.02 Platinum* $470.90 — $6.75 Nickel** $4.22 + $0.14 Lead** $0.39 — $0.02 Copper- $1.24 — $0.04 Zinc $0.70 — $0.10 Courtesy of Scot…


Work starts at Unuk River project

A program of geological mapping and geochemical sampling is in progress on the Unuk River project, about 40 miles north of Stewart, B.C., and four miles southeast of the Eskay Creek 21 zone discovery….


FINANCING (July 23, 1990)

VANCOUVER Crimsonstar Res — 1,000 offered @ 57 cents per sh. Yellow Band — 900,000 offered @ 45 cents per unit. Clifton Star — gross proceeds rec $1,645,503.50. Cons Kyle — 850,000 offered @ 40 ce…


United Keno board approves BLM deal

The board of directors of United Keno Hill Mines (TSE) has given the green light to a deal that will see BLM Mines, a unit of Sudbury- based Bharti Laamanen Mining, acquire Falconbridge Ltd.’s 44.8% s…


Toronto Stock Exchange Indices (July 23, 1990)

July 17 July 16 July 13 July 12 July 11 HIGH LOW Composite “300” 3613.39 3638.85 3596.38 3569.77 3544.52 4009.47 3334.13 Metals & Minerals 3359.95 3402.97 3375.64 3342.75 3293.21 3453.06 2850.84 Integ…



Joutel raises cash through rights offer

With the recent offering of more than 35 million transferable subscription rights, shareholders of Joutel Resources (TSE) will be able to exchange their shares for rights in the company. The offer exp…


News in brief Amulet Resources Corp.

Amulet Resources Corp. (AUO:VSE) has changed its name to Golden Unicorn Mining Corp. (GU:VSE) on a 1-new-for-3-old- share basis. There has been a private placement of one million shares at 15 cents pe…


Sullivan mine is carrot in Cominco union talks

As part of a deal to end the week- long strike at Cominco’s (TSE) Trail, B.C., smelter, the company has promised to spend $11.5 million to reopen the Sullivan lead-zinc mine in Kimberley, B.C. If the …


Int. Larder-MRB

International Larder Minerals (TSE), which has been moving into the field of industrial minerals (talc and marble) in recent years, has advanced $200,000 to Bakertalc (ME), a struggling Quebec talc pr…


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