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…
News
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,…
Noranda bides time in pursuit of more Falconbridge shares
Wanting to give the impression it is in no hurry, Noranda Inc. (TSE) says it now intends to make normal course purchases of up to 10% of the common shares of Falconbridge Ltd. (TSE) during the next si…
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…
Lord River results from Nevada program
Drilling at Lord River Gold Mines’ (VSE) Trout Creek option 15 miles southeast of Carlin, Nev., has generated some encouraging results. In the Southern Jasperoid zone, gold mineralization has been out…
Corona options Varna property
Corona Corp. (TSE) has acquired an option on the Mings Bight gold property from Varna Gold (ASE). Near Baie Verte, Nfld., the Mings Bight property includes 7,000 acres of ground on which several gold …