Toronto Stock Exchange Indices (September 04, 1989)
1989 Aug 29 Aug 28 Aug 25 Aug 24 Aug 23 HIGH LOW Composite “300” 3991.35 3968.11 3974.68 3979.46 3942.05 4019.62 3353.13 Metals & Minerals 3885.34 3811.88 3812.68 …
Articles by Northern Miner Staff
INSIDER TRADES (September 04, 1989)
Black Cliff — M. Au sold 189,000 (Aug., private) @ 20 cents to hold 87,500. Brewbac — N. Brewster sold 23,621 (July) @ 10 cents to hold 38,592. Cane — Jonpol bought 40,000 (July) @ 9 cents -10…
Exploration under way at Hixon Gold property
Initial line-cutting and detailed geophysical surveys are under way at Hixon Gold’s (VSE) Louvicourt Twp. property east of Val d’Or, Que. Located about 4 km from the Aur/Louvem massive sulphide discov…
Billiton to explore Ican’s Oregon porphyry gold deposit
Billiton Minerals USA, the mineral wing of Houston-based Shell Oil Co., has signed a preliminary agreement to earn 51% in Ican Minerals’ (ASE) Racey gold project in southeastern Oregon. Last winter Ic…
Mining Corp. buying Goldpost property
Goldpost Resources (TSE) and Mining Corp. of Canada have entered into an agreement whereby the latter will purchase Goldpost’s Hislop West property situated east of Timmins, Ont. Goldpost will receive…
Gold Torch acquires stake in Goldstream
Gold Torch Resources (VSE) has acquired a one-third interest in the Goldstream copper-zinc mine and mill complex located near Revelstoke, B.C. To acquire its interest Gold Torch paid $5 million to Bet…
Chutine arranges private placement
Toronto-based Chutine Resources (VSE) has made a $150,000 private share placement agreement with Waverley Mining Finance PLC of Great Britain. The proceeds of the private placement will be used for ge…
Copper Range prominent in Metall’s healthy profits
Having recently bagged a large U.S. copper mine for $83 million (US), Toronto-based Metall Mining (TSE) has set out to make the most of its investment. With production from the Copper Range mine expec…
People (September 04, 1989)
DEJOUR MINES — L.J. (Jack) Gunter appointed president and chief executive officer and to the board.
Curragh, Hillsborough complete drilling program at Mt Hundere
A major drill program comprising 58,000 ft in 74 holes has been completed on the Mt Hundere zinc- lead-silver property in the Yukon Territory by partners Hillsborough Resources (TSE) and Curragh Resou…
Toronto Stock Exchange Lively base metals help keep market active
Bouyant investor interest in base metal stocks helped push the integrated mines index higher to 4081.06 points this week. The Toronto Stock Exchange’s 300 composite index, a wide measure of Canadian s…
Spot prices at a glance (September 04, 1989)
Week’s Price (US) Change Gold*$361.20–$ 5.60 Silver*$ 5.13–$ 0.10 Platinum*$477.10–$ 8.25 Nickel**$ 5.72+$ 0.07 Lead**$ 0.34+$ 0.02 Copper$ 1.36+$ 0.05 Zinc$ 0.84–$ 0.04 Courtesy of Scotiaba…