Gold bars poured at Thunderwood bet
Four gold bars were poured recently from material extracted from the Gold Hawk joint venture of Thunderwood Resources (TSE) and Minnova (TSE), near Val d’Or, Que. Weighing in at 1,706 oz., the yellow …
News
Toronto Stock Exchange Indices (February 12, 1990)
Feb. 6Feb. 5Feb. 2Feb. 1Jan. 31HIGH LOW Composite “300”3769.063767.213719.573709.053704.424009.473707.00 Metals & Minerals3017.543056.233019.473004.183057.123453.053004.18 Integrated mines3138.003178….
Correction (February 12, 1990)
A recent story (T.N.M., Jan. 29/90) incorrectly identified the owners of Mingold Resources. The exploration company is 50% owned by Inspiration Resources (NYSE) and 50% by Minorco Canada.
COATS (over-the-counter) Black Gregor active (February 12, 1990)
Shares of Black Gregor Explorations have been trading actively at around the 59 cents level recently as the company’s gold prospect 10 miles north of Marathon, Ont., has caught the eye of some senior …
People (February 12, 1990)
PEGASUS GOLD — James Redpath appointed a director succeeding James Foreman. Stanton Bennett, vice-president and secretary, has retired. Lyle Beaudoin will assume the responsibilities of general couns…
Breakwater to acquire American Pacific
Management of Breakwater Resources (TSE) and American Pacific Mining (TSE) have agreed in principle to a plan that will see Breakwater acquire all the issued and outstanding shares of American Pacific…
Editorial A sad ending for a great mine
Labor unions in British Columbia have notched what they no doubt consider to be another victory. They have stood up to one of Canada’s largest zinc producers and let the world know that they can’t be …
Montreal Exchange Latest Grevet results
The volatile gold market had a negative effect on resource issues for the week ended Feb. 6, with the mining and minerals index off more than 19 points in mixed trading. The general market portfolio i…
Spot prices at a glance (February 12, 1990)
Week’s Price (US) Change Gold*$419.90+$ 2.35 Silver*$ 5.30+$ 0.09 Platinum*$509.80–$ 0.55 Nickel**$ 2.78+$ 0.06 Lead**$ 0.33+$ 0.01 Copper$ 1.02+$ 0.02 Zinc$ 0.60+$ 0.02 Courtesy of Scotiabank. Infor…
Air of confidence evident at Thunder Bay conference
Recent increases in the price of gold helped to create a mood of optimism at this year’s annual Northwestern Ontario Mines and Minerals symposium held in Thunder Bay recently. The symposium’s theme wa…
Toronto Stock Exchange Indices (February 05, 1990)
1989 Jan. 30Jan. 29Jan. 26Jan. 25Jan. 24HIGH LOW Composite “300”3707.003722.523733.723749.353761.464009.473707.00 Metals & Minerals3048.703056.643064.413071.853068.443453.053048.70 Integrated mines…
Dufresnoy drilling
Exploration work will soon be under way at three properties, Dufresnoy (ME) reports. At the Union Mining-New Bidlamaque property near Val d’Or, Que., a drilling program of 3,000 metres is planned. Pla…