Terex to earn 30% of Eskay property
Toronto-based Terex Resources (ASE) recently optioned two separate claim groups in the Eskay Creek region of British Columbia about seven miles south of the gold discovery of Calpine Resources (VSE) …
News
Filmon promises aid for Hud Bay project
Hudson Bay Mining and Smelting (TSE) received some encouraging news recently relating to its bid to win $86 million in federal and provincial govern ment loans for a modernization program at its coppe…
Steen is resigning from Franco Nevada
President Peter Steen of Corona Corp. (TSE) recently resigned from the board of directors of Toronto- based Franco Nevada Mining (TSE). His resignat ion reflec ts the fact that Corona has sold all of …
News in Brief (September 25, 1989)
West Rim Resources has changed its name to Cimtek Integrated Manufacturing Technologies Inc. (CIN:VSE) on a share-for-share basis.
Dynatec closes stage 1 of Northfield placement
Northfield Minerals (ASE) and Dynatec International have completed the first part of an agreement which should see Dynatec acquiring 5.3 million sha res of Nor thfield at 45 cents per share. Dynatec …
Trader shares reach high as Swiss group takes over
Trader Resources (TSE) is looking for ways to fund exploration at the Ronnoco Gold Mines (COATS) property near Timmins, Ont., after reaching a proposed out-of -court settlement with the company that u…
Aur director earns profit from sale of company stake
Leo Thibodeau, a director and original financial backer of Aur Resources (TSE), made a tidy profit recently while increasing his stake in the Toronto-based go ld producer. According to a recent Ontari…
Vipond Mine, Schumacher, Ont. c. 1920
The headframe is typical of the next stage in the evolution of mine headframes: it is completely enclosed. Enclosed headframes are also called shafthouses. The shafthouse keeps out the frost and the …
Canamax gives nod to sale of Midway
Vancouver-based Canamax Resources (TSE) has agreed to sell its 24.5% stake in the Midway zinc- silver project in British Columbia to Regional Resources (TSE) for $1 million. As reported (N.M., Aug 7/8…
Blue Emerald, Central Crude in option deal
A 60-claim property in the Mishibishu Lake area of northern Ontario is to be optioned by Blue Emerald Resources (VSE) from Central Crude (TSE). The two companies have agreed in principle to a deal whi…
FINANCING (September 25, 1989)
Aramis Ventures — 500,000 sold for gross $225,000 Golden Pick Res — 250,000 com & 250,000 flow-through offered @ 50 cents per sh Mad River Res — 670,000 offered @ 33 cents per sh Southern Cross G…
INDICES:TO
Toronto Stock Exchange Indices 1989 Sept 19 Sept 18 Sept 15 Sept 14 Sept 13 HIGH LOW Composite “300” 3900.953899.323896. 323891.163917.014019.623353.13 Metals & Minerals 3660.333698.8…