Forecasting metals consumption, prices (1)
Whatever makes the distant or the future predominate over the present advances us in the dignity of human beings. I hold that man in awe who is clearly in contact with the future. So advise Samuel Joh…
News
Rayrock awaits results from Marigold discovery
Final results from a 27,000-ft reverse circulation drilling program on the Marigold property in Nevada are expected soon, says operator Rayrock Yellowknife Resources (TSE). The company owns a 23.3% in…
Denn’or, Orcana plan joint venture (November 13, 1989)
Juniors Exploration Denn’or (ME) and Orcana Resources (VSE) are negotiating to become joint venture partners in the exploration of two properties in the Val d’Or area of Quebec. The companies will exp…
Exchanges limit super-voting’ shares
Canadian stock exchanges have adopted measures designed to limit the sprea of multi-vote shares, which are often used by company insiders to sell shares without losing control of the company. Starting…
Corona boosts 9-month earnings
Net earnings of $34 million (23 cents per share) for the first nine months of 1989 were reported by Corona Corp. (TSE), compared with $24 million (16 cents per share) for the same period last year. T…
Cominco increases stake in smelter
A wholly owned subsidiary of Cominco Ltd. (TSE), Cominco American, has purchased a 50% interest in the Glenbrook nickel smelter from USA Investments. The Glenbrook nickel smelter is in Riddle, Ore. It…
Dejour, Quill merger
Dejour Mines (TSE) plans to merge with privately owned Quill Resources. Dejour will issue 12 million treasury shares to Quill’s shareholders in a reverse takeover that will give control of Dejour to Q…
Corona supports Goldbelt
Gold producer Corona Corp. (TSE) is planning to invest $1.21 million in Goldbelt Mines (VSE), a junior company controlled by Mike Muzylowski and Douglas McRae. According to Goldbelt, Corona is making …
Signing Session for Joubin’s book
Franc Joubin will autograph his recently published book Not for Gold Alone on Nov 17, 6:30-8 p.m. at The Pottery Shop, 140 Yorkville Avenue, Toronto. Joubin is an internationally known prospector and …
Rio Algom increases stake in Pan Orvana
Resource giant Rio Algom (TSE) increased its stake in privately held Pan Orvana Resources through a private placement of 500,000 common shares priced at $1.10 per share. The purchase brings Rio Algom’…
LAC expands White River holdings
Toronto-based LAC Minerals (TSE) has expanded its land holdings east of the Hemlo gold camp in northern Ontario. The company has staked at least 650 new claims near White River, Ont., while at the sam…
Aur hits widest section yet in deep hole at Louvicourt
Results from the latest round of drilling at the Aur Resources (TSE), Societe Miniere Louvem (TSE) discovery near Val d’Or, Que., indicate that the deposit is still opening up at depth. That was confi…