Lixor drilling Courville bet
Encouraging results have been reported by Lixor (ME) from its gold project in Courville Twp., 25 miles northeast of Val d’Or, Que. Lixor is earning a 50% interest in the property from Billiton Resourc…
News
Vancouver Stock Exchange Pezim at centre stage
What received more attention for the week ended April 3: Pezim- related companies via trading in the market or Pezim himself in the press? Notice of a hearing by the British Columbia Securities Commis…
U.S. Report Nevada plant set to produce sodium cyanide
A May production startup is expected at the new CYANCO joint venture sodium cyanide plant being built in Nevada. Majority owner of CYANCO is Mining Services International of Salt Lake City. The US$11….
TVX finalizes US$40 million silver loan
A 7-year silver loan worth US$40-million has been finalized by Consolidated TVX Mining (TSE) with Sharps Pixly & Co., a member of the Kleinwort Benson Group. TVX said it has sold forward seven million…
FINANCING (April 09, 1990)
Daren Res — min 675,000 offered @ 33 cents per sh. Trades reported by QSC…
Suntac estimates larger reserves
With the first phase of their 1990 drilling program complete, Suntac Minerals (VSE) has released an in-house reserve calculation for the C vein on the Polaris-Taku property in the Tulsequah River area…
Spot prices at a glance (April 09, 1990)
Week’s Price (US) Change Gold* $374.25 + $0.95 Silver* $5.01 + $0.01 Platinum* $475.70 + $1.50 Nickel** $4.09 — $0.18 Lead** $0.41 — $0.01 Copper- $1.26 + $0.11 Zinc $0.78 + $0.03 Courtesy of Scotia…
Bema’s Chilean bet rewards directors
Bema Gold (TSE) President Clive Johnson and directors Ian Johnson and Barry Rayment profited recently from the company’s decision to finance a major Chilean gold-copper project to production. Since Be…
IOCC GOLD OPTIONS (April 09, 1990)
Options Open Series Volume Last Interest May 360 C 129 23.50 155 May 380 C 1,125 9.50 1,352 May 390 C 275 6.20 829 May 400 C 1,026 1.80 1,646 May 410 C 163 2.00 1,913 May 420 C 436 0.90 3,655 Aug. 400…
Northfield signs deal to acquire gold mine
Toronto-based Northfield Minerals (ASE) has signed a definitive agreement to purchase control of the Cheminis gold mine property near Larder Lake, Ont., where recommissioning of the shaft, surface and…
Teck pursues interest in Pine Point Mines
Teck (TSE) will soon make a bid to acquire a substantial portion of Pine Point Mines (TSE) through Nunachiaq, a private company jointly owned by Teck, Metallgesellschaft of Germany and M.I.M Holdings …
Pezim vows `street fight’ over charges
Insider trading allegations against Murray Pezim and two other common directors of Calpine Resources (VSE) and Prime Resources Group (VSE) dramatically overshadowed recent meetings where Prime and Cal…