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Diepdaume financing

Diepdaume Mines (VSE) is planning to issue up to 250,000 units, representing 500,000 flow-through shares (one unit consists of two shares), at 60 cents per unit, subject to regulatory approval. The c…


Louvem shareholders reject special plan

Societe Miniere Louvem (TSE) said a plan of arrangement proposed to its holders of Series A First preferred shares was rejected by approximately 96% of the common shareholders who recently attended a …



Frontier, Beaufield deal

High Frontier Resources (VSE) has optioned 144 claims in Louvicourt, Pascalis and Vauquelin twps., Que., from Beaufield Resources (TSE). The claims are in the general vicinity of the Aur-Louvem base m…


Spot prices at a glance (July 10, 1989)

Week’s Price (US) Change Gold*$378.40 $ 4.65 Silver*$ 5.26–$ 0.04 Platinum*$508.10+$ 3.00 Nickel**$ 5.53+$ 0.11 Lead**$ 0.30 $ 0.00 Copper$ 1.11–$ 0.04 Zinc$ 0.76—- Courtesy of Scotiabank. I…


Monique jumps 21 cents

Volume leader, once again, was Societe Miniere Louvem which recovered from a stumble late last week to close at $4.35. Louvem’s recent annual meeting drew a fullhouse as shareholders clamored for info…


Metal Prices PRODUCER PRICES (July 10, 1989)

ALUMINUM: MW U.S. Market 87.50 cents – 90.00 cents per lb. (June 15, 1989). ANTIMONY: New York dealer 98 cents -$1.00(US) per lb. (June 22, 1989). BISMUTH: New York dealer $6.00-$6.10(US) per lb. (Jun…


Agnico deal with North American

Agnico-Eagle Mines (TSE) has acquired an option to earn a 51% interest in the Vezza gold deposit and surrounding lands controlled by North American Rare Metals (ME) and Dundee-Palliser Resources (TSE)…



Vista looks at non-mining deals

Vista Mines (TSE) plans to diversify out of the mining business. Following a change in management earlier this year, Vista is negotiating to acquire a company in another business area. In the mining a…


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