Gold funds as of Nov 28
MVP BGR Central Capital Net value$12.40 $6.54 $0.53 Price$11.50 $6.62 $0.39 Discount 7.26% 1.3% 26.5% Value$73,840,638 $110,148,302 N/A…
News
Calpine shareholders group appeals to regulators
A fairness opinion for the proposed merger between Prime Resources (VSE) and Calpine Resources (VSE) has raised the ire of a group of Calpine minority shareholders. Speaking for the Calpine minority s…
QME trying to raise flow-through funds
Partnership funds may have peaked in 1987 and 1988, but a Montreal-based fund thinks there is still significant business to be had in the junior mining sector, especially in Quebec. The QME (1989) Min…
Montreal Exchange Quiet trading pattern
Investors appeared to take a break to plan their strategy, and possibly take some profits, for the week ended Nov 28. Both the general market portfolio index and the mining and minerals index closed d…
Bond, Sunshine in joint venture on property adjacent to Bullfrog
An 18,000-acre land package in Nye Cty., Nev., became the focus of a joint venture exploration and development agreement involving Bond International Gold (NYSE) and Sunshine Mining (NYSE). Precious m…
Inco puts hefty price on Nor-Acme capital costs
A technical study for the Nor-Acme gold project, owned 100% by High River Gold Mines (TSE), was recently completed by Inco Gold, a unit of Inco Ltd. (TSE), in conjunction with Wright Engineers. The re…
Letters: COMPUTER BUGS
In his article “And Now the Bad News” in the June issue, Kerry Knoll listed several reasons for the misfortune of a substantial number of gold mining projects. Understanding why some projects have fai…
Managing: MANAGED MAINTENANCE; Maintenance workers must receive
Everyone involved with mining in Canada is well aware of the importance of improving productivity and lowering costs in order to preserve our international competitiveness. One way to achieve this is …
A PLEA FOR COMMON SENSE
Environment and health issues are at the top of the public agenda. National opinion polls consistently report that a majority of Canadians identify the environment as their most important concern. Thi…
Suppliers’ Notes (December 01, 1989)
Shareholders of R. Angus Alberta have announced their intention to sell their shares in R. Angus Alberta and its subsidiary companies to Finning Ltd. of Vancouver, B.C. Based in Alberta, R. Angus is …
Editor’s Note: GOVERNMENT’S ROLE
At one time, government’s reach into Canadian society was limited to provider and custodian of infrastructure, specifically roads and such. Today, it would be easier and quicker to show where governme…
Research: SOUND INVESTIGATIONS
About 2800 million years ago, the North American craton was forming and stabilizing. Gradually, pulses of activity deep below the surface formed the greenstone belts which contain a large proportion o…