Lower metal prices cut FMC earnings
Sharply lower gold and silver prices have contributed the recent decline in profits reported by Chicago-based FMC Gold (NYSE). FMC Gold, which last year ranked first in North America in terms of retur…
News
Denison oil sale
Denison Mines (TSE) has either sold or is negotiating the sale of all its oil and gas assets. The company has entered into agreements with three unidentified buyers for the sale of its oil and gas ass…
Editorial Teaching teachers From Triangle, a publication of Inco’s
It may be a slow process, but mining companies are beginning to show results in changing attitudes about the industry. At least that’s the thinking of almost 40 school teachers who took part in an a…
People (November 20, 1989)
ACQUISITOR MINES — Steven Migliacci, a geologist of Val d’or, Que., appointed president succeeding Martin Roy who remains a director. Andre Berube resigned as director.
Gold funds as of Nov 14
MVP BGR Central Capital Net value $12.23 $6.09 $0.52 Price $11.25 $5.88 $0.33 Discount 8.01% 3.5% 36.5% Value $72,820,398 $102,565,042 N…
Gold or base metal shares, which offer better value?
Receiving value for their money is the aim of all investors. But where best to place one’s money need not always be a tricky question, as an officer with international securities firm James Capel rece…
Montreal Exchange Aur holds centre stage
The recent massive sulphide copper-zinc discovery in Louvicourt Twp. near Val d’Or, Que., continues to spark investor interest. The latest drill-hole results, however, did not send prices of either Au…
Alban acquires large acreage in Carlin
Two groups of mineral properties totalling about 500 acres were recently acquired by Alban Explorations (VSE) in the Carlin Trend of Nevada. The purchase price was a total of 300,000 Alban shares and …
Placer ups stake in U.S. Gold
A wholly owned subsidiary of Placer Dome (TSE) has opted for early conversion on a $4.5-million debenture of U.S. Gold (NASDAQ). The debenture, convertible into three million common shares, was due to…
Wilanour sampling
The initial underground exploration phase on the former producing Cochenour-Willans gold mine property has been completed by Inco Gold. The company, a wholly owned affiliate of Inco Ltd. (TSE), plans …
IOCC GOLD OPTIONS (November 20, 1989)
Options Open Series Volume Last Interest Nov 360 C 282 26.50 2,736 Nov 370 C 504 21.00 1,532 Nov 380 C 1,533 10.20 2,204 Nov 390 C 1,551 2.00 2,793 Feb 380 C …
Five directors quit after Richmond Gulf buys into Acadia
Richmond Gulf Resources (COATS) has become the largest single shareholder in Acadia Mineral Ventures (TSE) and all but two of Acadia’s original directors have resigned. Acadia became a dormant explora…