Metal Prices (April 23, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 17 Apr. 16 Apr. 13 Apr. 12 Apr. 11 Copper 1643-1648 — HOLIDAY — 1…
News
LAC to spend $34 million at El Indio gold mine in Chile
With a broader platform of gold projects and mines to build upon, LAC Minerals (TSE) is set to launch a major exploration effort this year designed to bolster its ore reserves for the future. Last yea…
Goldstake tailings get EPA approval
The Environmental Protection Agency (EPA) has given the go- ahead for production at Goldstake Exploration’s Whitewood Creek tailings project in South Dakota. “Mining would be allowed subject to the re…
Agnico offering
Today’s low gold price hasn’t dampened the enthusiasm of Agnico-Eagle Mines (TSE) to try to raise funds. The gold producer has approved a preliminary prospectus for a proposed offering of units (share…
Heenan Senlac assets sold to Laurasia
Despite objections from at least two shareholders, a resolution concerning the sale of all assets of Heenan Senlac Resources (TSE) was recently passed at a special meeting of shareholders. As part of …
News in Brief (April 23, 1990)
Clifton Resources has changed its name to Consolidated Clifton Resources Ltd. (CFC:VSE) on a 1-new-for-5-old-share basis. Transfer agent is Central Guaranty Trust Co.
Newspapers popular information source
For the majority of Canadian shareowners, newspapers are the most popular source of investment information, according to a shareownership survey conducted by The Toronto Stock Exchange. The survey, co…
Letters to the Editor (April 23, 1990)
I read with interest your editorial “Focus on Canada’s potential” (March 19/90) and the coverage of the Prospectors and Developers Association of Canada’s Latin American push. With the recent push tow…
LAC, Echo Bay added to main ME index
The Montreal Exchange currently includes six mining and metals firms among the 25 companies that make up its market portfolio or general market index. Newly added are LAC Minerals and Echo Bay Mines. …
People (April 23, 1990)
TAYWIN RESOURCES — Larry Reaugh elected a director.
Gold Commissioner upholds claim to Eskay area property
Ken McKenzie, the mysterious interloper into the Eskay Creek gold camp north of Stewart, B.C., has won a partial victory in his bid to secure ownership of highly prospective claims located adjacent to…
Toronto Stock Exchange Earnings picture, dollar take toll on
Uncertainty caused by a slowing economy and rising interest rates continued to take its toll during the week ended April 17 on The Toronto Stock Exchange as the composite 300 index gave up 36.88 point…