FUTURES PRICES (July 23, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) July 124.80 122.60 122.75 + 4.15 Aug 122.50 121.50 121.50 + 3.25 Sept 121.90 119.25 120.00 + 3.25 SILVER (in US c…
News
Quintette ruling threatens company McConkey claims
Quintette Coal Chairman Bruce McConkey has asked the British Columbia Court of Appeal to overturn a Supreme Court judgment relating to prices paid for its product by the company’s Japanese customers. …
Galactic finalizes Cornucopia buy
The agreement between 10 shareholders of Cornucopia Resources (TSE) and Galactic Resources (TSE) has been finalized with Galactic acquiring 3.165 million shares. The shares represent 16.34% of the iss…
News in brief Black Thunder Petroleum Corp.
Black Thunder Petroleum Corp. (BTP:VSE) has changed its name to Conley Resources Corp. (CNY:VSE) on a 1-new-for-5-old- share basis. A cease trade order dated from June 30, 1988, is still in effect. Th…
Ivany denies asking for Eskay assay
Securities lawyers representing John Ivany at a hearing in front of the British Columbia Securities Commission appear to have adopted a strategy aimed at distancing Ivany from his associates, Murray P…
Drilling to start on Irish Gulch
A drilling program is set to begin shortly on the Irish Gulch property, 60 km east of Helena, Mont. The property is a joint venture between Goldpac Investments (VSE) and Bethlehem Resources (TSE). The…
Belmoral selling Astoria stake, 40% of Yorbeau for $5 million
Cash-strapped Belmoral Mines (TSE) has agreed to sell its 50% stake in the Astoria gold property near Rouyn-Noranda, Que., to joint venture partner Yorbeau Resources (TSE). Belmoral is attempting to p…
News in brief Laker Resources Ltd.
Laker Resources Ltd. (LAK: VSE) has changed its name to Videogram International Corp. with no consolidation of capital. Pacific Corporate Services is the transfer agent.
Moraga and Crew drilling for copper
Drilling programs are being conducted on two porphyry copper deposits near the Island Copper mine, operated by BHP-Utah Mines, near Port Hardy, B.C. Drilling on the Expo property by Moraga Resources (…
Sydney conference
The 24th annual conference of the International Iron and Steel Institute (IISI) will take place Oct. 8-10 in Sydney, Australia. Themes of the conference’s three panel discussions will be the world eco…
People REA GOLD CORPORATION
Garth McRae elected to the board.
Prime Resources buys more Avondale
With the recent purchase of an additional 125,000 shares, Prime Resources Group (VSE) now owns 1.04 million shares of Avondale (VSE), or about 16.56% of Avondale’s issued and outstanding shares. Prime…