Pezim, associates face new charges
Flamboyant promoter Murray Pezim struck out in his bid to have the Supreme Court of British Columbia quash a Securities Commission hearing into insider trading allegations against senior management of…
News
Curragh to sell subordinate shares
Privately owned Curragh Resources — the western world’s sixth largest producer of zinc and lead concentrates — has filed a preliminary prospectus for its first public offering of nine million shares…
Drill results boost Windarra
Drill results from the Preview Lake property, 80 miles northeast of La Ronge, Sask., has sparked a 19 cents increase in the price of Windarra Minerals (TSE) shares. Windarra, which holds a 20% stake i…
Reduced offshore sales hurt Potash Corp. earnings in ’89
In its first year as a public company, Potash Corp. of Saskatchewan said its earnings and revenues were affected by a drop in offshore sales and a stronger Canadian dollar. The former Crown company re…
LAC continues to work adjacent Queenston ground
Queenston Mining’s (TSE) Kirkland Lake West ground adjacent to the Macassa mine, a target of underground exploration through an agreement with LAC Minerals (TSE), has not yielded economic gold mineral…
Dayton building gold reserves on Chile bet
Vancouver-based Dayton Developments (VSE) and its private subsidiary Kimex Resources have acquired an option to buy Chevron’s (NYSE) 4% net returns royalty in the Andacollo gold project in Chile. Dayt…
NO HEADLINE (April 16, 1990)
TEXT: “Globe ’90?” the voice demanded. I turned from my companions, as we strolled past the doors of the Vancouver Convention Centre, to see an elderly woman looking sternly at me. “Yes,” I said, thi…
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…
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…