Gold funds as of Apr. 3 (April 16, 1990)
MVP BGR Central Capital Net value $11.65% %$5.93% $0.39% Price $10.375% %$6.125% $0.24% Discount 10.94% %3.3% 38.5% Value $69,385,546 $103,048,838 N/A…
News
Cheni forecasts production
Gold and silver production for the first quarter ended March 31 at the Lawyers mine owned by Cheni Gold Mines (TSE) totalled 13,080 oz. of gold and 250,490 oz. of silver. The mine, in the Toodoggone a…
Protecting balance sheet Teck’s priority
If Teck’s (TSE) latest annual report is any indication, shareholders can expect an all-out effort to match or exceed the company’s impressive growth rate of the past decade in the 1990s. That might be…
Stepout drilling expands limit to extent of Crown Jewel deposit
Drilling results from a recently started summer program on the Crown Jewel property in northeastern Washington State indicate that the ultimate size of the gold deposit has yet to be determined. Battl…
Elliot Lake lab bears Coates’ name
An Elliot Lake laboratory has been named the Donald F. Coates Building in honor of the late Dr. D.F. Coates. It is a section of the Mining Research Laboratories at the Canada Centre for Mineral and En…
Montreal Exchange Heavy Vior volume
Resource issues took a tumble for the week ended April 10, with the mining and minerals index dropping more than 89 points. The market portfolio was also down, by more than 28 points, in light-to- mod…
Acadia faces proxy battle
Shareholders of Acadia Mineral Ventures (TSE) will decide the fate of the company at a special meeting scheduled for May 4. They can either accept a slate of five directors including Arthur Brown, cha…
Record production for Eastmaque
The American Girl mine near Ogilby, Calif., produced in excess of 3,300 oz. gold in March, a record month of production for joint venture partners Eastmaque Gold Mines (TSE) and Morrison Knudsen (NYSE…
Breakwater set to purchase Caribou lead-zinc operation
Breakwater Resources (TSE) recently took another step toward its stated goal of diversifying from gold into base metal production. Having already secured the El Mochito polymetallic mine in Honduras, …
Development under way on Santa Gertrudis placer gold property
Exploration and development is under way on the Santa Gertrudis placer gold property in Colombia, says owner Western International Explorations (COATS). Santa Gertrudis, Western International’s 90% ow…
Environmentalists dismiss profit motive as way to achieve
sustainable development…
Miners support hydro rates as long as supply reliable
Ontario mining companies are bracing themselves for hydro rate increases that could increase the cost of supplying power to their operations next year by as much as 8.6%. But after suffering an unusua…