Obituary Theo Parr
Theo Parr, retired vice-president and director of Ingersoll-Rand Canada, died in Cuernavaca, Mexico, March 7. He was 84. Throughout his career, Parr actively promoted the sale of indus0000,0600 trial …
News
Campbell turns a profit while expanding its Joe Mann mine
While in the midst of expanding its Joe Mann gold copper mine in Chibougamau, Que., Campbell Resources (TSE) earned a small profit for the year ended Dec. 31. In 1989, the Toronto-based affiliate of N…
IOCC GOLD OPTIONS (March 26, 1990)
Options Open Series Volume Last Interest May 400 C 265 9.50 1,012 May 410 C 471 5.50 1,340 May 420 C 450 4.50 2,808 May 430 C 167 2.50 1,558 May 440 C 215 1.20 1,539 May 450 C 190 0.50 1,174 Aug. 430 …
Laverty to test gold zone near Red Lake
Results from a recently completed humus sampling program on a claim group near Red Lake, Ont., have revealed strongly anomalous gold values, says property owner Laverty Red Lake Resources (COATS). The…
Metalore mum on Brookbank results
Metalore Resources (TSE) isn’t releasing any new drill results from its Brookbank gold property in northern Ontario, although a $1- million exploration program was completed on the claims last year by…
Total increases stake in Casa Berardi area
A joint venture agreement has been signed between Total Energold (TSE) and Morrison Minerals (TSE), allowing the partners to pursue exploration targets near Casa Berardi, Que. By spending $1.5 million…
Breakwater acquires American Pacific
At a special meeting in early March, shareholders of American Pacific Mining (TSE) approved an agreement that has resulted in the company amalgamating with a wholly owned subsidiary of Breakwater Reso…
Cheni completes purchase of Energex claims
The Al claims in the Toodoggone district of north- central British Columbia are now owned 100% by Cheni Gold Mines (TSE) which also owns and operates the nearby Lawyers gold-silver mine. The Al claims…
South Atlantic completes financing
Production financing has been finalized for the Oracle Ridge project owned by South Atlantic Ventures (VSE). Total funding for the project is estimated at US$6 million for mill construction plus US$1 …
Cominco Resources earmarks $2.5 million for Turkey in ”90
The largely untapped mineral resources of Turkey are providing Cominco Resources International (TSE) with an important new exploration focus. Cominco, active in the country since the doors were opened…
Amax earnings down but still strong
While a shift in emphasis to aluminum from molybdenum production continues to pay off for New York-based resource giant Amax (TSE), the company’s earnings were down from last year’s record levels. Ama…
Tight global supplies send price of lead spiralling in London
The spot price of lead on the London Metal Exchange (LME) recently surged to US55 cents per lb. in response to tight metal supplies around the world. Production disruptions and low stocks on the LME h…