Hansuld to head Int’l Platinum
The board of directors of International Platinum (TSE) recently appointed John Hansuld, Ph.D., as president of the company. Hansuld was former president of Canamax Resources (TSE) from 1983 to 1989, d…
News
Share ownership up strongly in Canada, TSE Survey says
The Toronto Stock Exchange recently released its third major Canadian share ownership study of the decade. The publication, titled Canadian Shareowners: Their Profile and Attitudes, shows the dramati…
Books (January 01, 1990)
The CRC Practical Handbook of Physical Properties of Rocks and Minerals, proposed by leading specialists, has been prepared as a comprehensive source of basic information. The technical data have been…
New mines opening across the country mark completion of successful
Last year a number of new mines saw their first production. Among them was Cheni Gold’s (TSE) Lawyers mine in the Toodoggone area of British Columbia, which came on stream in August. It will have an e…
COATS (over-the counter) Teddy Bear up 10 cents
Volume leader for the holiday week ended Dec 26 was Milestone Resource which closed at 19 cents on volume of 117,000 shares. A couple of months ago, Milestone completed a shallow drill program on the…
Vancouver Stock Exchange Index gains ground in quiet trading
As each year comes to a close, economists and analysts bring out the crystal ball and make projections on what is in store for the future. Although the threat of recession and unrelenting high interes…
Gold slump hurts Yukon, base metals activity up
A swing back to base metals and a renewed interest in copper highlighted the past year’s mineral exploration season despite a significant downturn, a federal geologist told the annual Geoscience Forum…
Hecla, Mispec deal
Hecla Mining has acquired an option on the Cape Spencer, N.B., gold property owned by Mispec Resources (ME). Under the terms of their agreement, Hecla has the right to earn a 51% interest in the claim…
Correction (January 01, 1990)
Contrary to what was reported (N.M., Dec 25/89), Toronto-based Dundee-Palliser Resources (TSE) is not earning a 50% stake in VSM Exploration’s (ME) Grevet Twp. zinc project in northwestern Ontario. Du…
Montreal Exchange Wrightbar advances
The Christmas holiday may have shortened the trading week to three days, but the news was mostly cheery. The metals and minerals index closed up 18.6 points, while the general market portfolio index m…
Gold funds as of Dec 27
MVP BGR Central Capital Net value $12.39 $6.43 $0.50 Price $10.875 $6.50 $0.35 Discount 12.23% 1.1% 30% Value $73,775,115 $109,357,95…
Metal Prices FUTURES PRICES (January 01, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan108.50 107.90 107.90 + 3.10 Feb108.20 107.85 107.80 + 3.20 Mar108.30 106.70 10…