Reading the annual report – an investor’s guide
What is past is prologue. -William Shakespeare Chances are the Bard never had to write an annual report, yet the above aphorism serves as an reasonable explanation as to why this most widely read of …
News
Future Prices
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jun 111.60 110.00 111.50 + 17.10 Jul 107.00 102.70 106.50 + 15.20 Sep 97.50 93.80 …
Rouyn bulk test results
A 25,000-ton bulk sample from the Francoeur mine property graded 0.197 oz gold per ton, Rouyn Mining Resources (ME) says. Rouyn and Lac Minerals (TSE) share the property near Rouyn, Que., equally. Pro…
Dynatec head honored
The head of one of this country’s top mining contracting firms, William R. Dengler, has been awarded the honorary degree of Doctor of Science from Queen’s University at Kingston. A 1964 graduate in mi…
IPMI conference
The 13th International Precious Metals Conference of the International Precious Metals Institute will take place June 12-15, 1989, in Montreal. Theme of the conference will be New Precious Metal Techn…
INSIDER TRADES (June 13, 1988)
Audrey — Northgate Expl bought 140,845 (private) to hold 140,845. Barron Hunter Hargrave — J. Hargrave sold 75,000 to hold 4,367,200. S. Hargrave sold 48,000 to hold 2,471,200. Cominco — N. Keevil,…
Continental Gold to drill shear zones at Trophy bet
Crews have been mobilized and drilling is expected to begin in July at Continental Gold Corp.’s (VSE) Trophy property in northwestern B.C. The $2-million exploration program will follow up a successfu…
Placer miners welcome new policy for Yukon
A new federal government policy governing placer-mining in the Yukon Territory has met with approval from the territory’s placer mining industry. Released in mid-May, the Yukon Fisheries Protection Au…
Bunker Hill mine reopening planned later this year
Companies are taking a serious look at dormant base metal producers, including Bunker Hill Mining (U.S.), a subsidiary of VSE-listed Bunker Hill Mining Co. Wright Engineers of Vancouver is preparing a…
Lower quarterly profit reported by Louvem
A gross profit of $108,000 and a net profit of $65,000 were recorded by Louvem Mines (TSE) during the first quarter of this year, compared with a gross profit of $1.5 million and a net profit of $322,…
Huntington shakes VSE
What has been described as a “barn burner” of a drill hole yielded spectacular gold values at Huntington Resources’ (VSE) Brett property west of Vernon, B.C. The intersection that may have jolted th…
Gallant drill work returns low values
A two-stage diamond-drill program has been completed on the property of Gallant Gold Mines (ME), a Hughes-Lang company, in Villebon and Freville twps. in northwestern Quebec. In stage one, six drill h…