RTZ shareholders approve BP deal
The Shareholders of Britain’s giant RTZ Corp. have approved the $4.3-billion(US) purchase of minerals assets being sold by British Petroleum Co. PLC. RTZ says it expects to complete payment for most o…
News
People (July 03, 1989)
REYNOLDS METALS — Raymond E. Irwin appointed regional exploration manager for the western United States.
Freewest options Vauquelin claims
Montreal-based Freewest Resources (ME) recently optioned a 27 claim property located on the eastern boundary of Louvicourt Twp. near Val d’Or, Que. Freewest has agreed, subject to regulatory approval,…
Victoria uncovers graphite deposits
Drilling in January and February of this year outlined graphite deposits in three zones at the Portland, Ont., project of Victoria Graphite (COATS). Forty-one holes representing more than 16,000 ft we…
Can-Am hockey match
A friendly hockey challenge has been issued to American participants in The Northwest Mining Association’s annual meeting Dec 6-8. Issuing the challenge is Tom Schoeter of the British Columbia Ministr…
Alberta Stock Exchange Champion moves up
A rumor that Champion Gold was involved in negotiations to provide financing for exploration at Canuc Resources’ Coronation Gulf gold project in the Northwest Territories drove the price of Champion u…
50 Years Ago COPPER STEALS SHOW ON N.Y. METAL MARKET
Copper has taken the chief attention in metal circles the past few days because of sudden improvement in demand both here and abroad. The main activating force was the purchase of 21,000 tons by a for…
Editor’s Note IN DECLINE?
We had a few arguments around this office when we first came up with the idea of running a feature on copper mining. What would we headline the special report? “Canada’s Copper Kings” had a pleasant a…
Toronto Stock Exchange Indices (July 03, 1989)
1989 June 27June 26June 23June 22June 21HIGH LOW Composite 300 3778.37 3772.78 3773.15 3740.02 3730.45 3806.03 3353.13 Mtls & Mnrls 3308.76 3348.86 3344.65 3253.83 3237.12 3564.92…
Bunker Hill reports loss
Bunker Hill Mining (VSE) reported a loss of $613,793(US) or 4 cents per share in the first quarter, compared to $705,591 or 6 cents a year earlier. The Bunker Hill mine at Kellogg, Idaho has been pro…
COATS (over-the-counter) McNickel up a dime
A heavy trading volume of more than 275,000 shares in Atlantic Goldfields left that issue virtually unchanged at 72 cents . The company is cash rich following a deal with Jascan Resources. Still await…
Uranium Resources curtails production
The depressed state of the uranium market has prompted Uranium Resources (TSE) to curtail its production activity and delay plans for wellfield development and plant construction at several U.S. mine …