News


FINANCING (December 05, 1988)

VANCOUVER GBX Res. Corp. — gross proceeds rec $210,000. Moraga Res. Ltd. — gross proceeds rec $430,000. Simon Fraser Res. Ltd. — gross proceeds rec $175,000. Stonewall Res. Inc. — 300,000 sold for…


Tarzan to acquire Glen Auden claims

Toronto-based Glen Auden Resources (TSE) has agreed to sell 152 claims at Keith Twp., Ont., to Tarzan Gold (ASE) in return for the $94,000 which the company has already spent on previous work and acqu…


McIntyre meeting

McIntyre Mines (TSE) recently said that a special shareholders meeting will be held Jan 23, 1989 to consider a statutory plan of arrangement involving McIntyre, its shareholders and Falconbridge Limit…


Rebound in metal prices helps commodity index

An increase in metal and forest product prices offset declines in crude oil and agricultural prices during October and helped Scotiabank’s all-commodity price index advance by 0.9% from the previous m…


New copper/gold zone found on Rambler bet

Channel sampling results from a new copper/gold massive sulphide deposit, discovered on Teck Corp.’s Rambler property near Baie Verte, Nfld., by Petromet Resources (TSE) and Newfoundland Exploration C…


COATS trading features (December 05, 1988)

It was another quiet week for mining issues on COATS. Exxeter Resources says it is negotiating a private placement through Packard Group Inc. of New York to fund exploration on its Quebec and Nevada g…


Coal Conference (December 05, 1988)

The second regional conference on coal marketing, technology and mining, which will be held in Brisbane, Aust., from June 5-8 , 1989, will bring together coal suppliers and electricity power generatin…


INSIDER TRADES (December 05, 1988)

Aquagold — S. Reed bought 19,200 (Sept,Oct) @ $1.00-1.25 to hold 65,000. Atlantis — M. Hogarth bought 55,600 (Oct) @ 95 to hold 200,000. Aurizon — R. Hughes sold 50,500 (Oct) at 40 -53 to hold 41…


People (December 05, 1988)

MINING AND METALLURGICAL SOCIETY OF AMERICA — Sir Alistair Frame will receive this year’s gold medal which is traditionally awarded for conspicuous professional or public service in advancing mining,…



Alberta Stock Exchange Biron gains ground

On an otherwise lacklustre trading session, Biron Bay Resources was the only issue to make any real progress. Trading on 96,000 shares, it gained 54 before closing at $2.29. much of Biron Bay’s recen…


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