Gold funds as of August 15
MPV BGR Central Capital Net value$11.78 $ 5.89 $0.57 Price$10.375 $ 5.88 $0.36 Discount 11.93% .3% 36.8% Value$70,145,045.73 $99,142,913 N/A…
Articles by Northern Miner Staff
Jack McOuat honored
Dr Jack McOuat of Watts, Griffis and McOuat Ltd. has been named an officer of the Order of the Sons of Martha by the Association of Professional Engineers of Ontario. The honor is in recognition of Mc…
INSIDER TRADES (August 21, 1989)
Anglo Canadian — R. Kemeny holds 442,801. Atlantic Inv. sold 29,000 (July @ 18 cents to hold 128,000. Black Cliff — N. Kacira bought 87,500 (July, private) @ 41 cents to hold 968,849. Cabre — G. M…
Hemlo dispute ends Court upholds decision awarding Williams gold
The largest underground gold mine in Canada belongs to Corona Corp. (TSE), the Supreme Court of Canada has ruled. The court upheld a decision rendered in 1986, which awarded the Williams mine in the H…
Spot prices at a glance (August 21, 1989)
Week’s Price (US) Change Gold*$367.60+$ 2.45 Silver*$ 5.24+$ 0.08 Platinum*$488.00+$ 4.00 Nickel**$ 5.99+$ 0.24 Lead**$ 0.32+$ 0.00 Copper$ 1.26+$ 0.09 Zinc$ 0.83+$ 0.06 Courtesy of Scotiabank. …
Pegasus joins LAC at New Mexico bet
An option has been obtained by Pegasus Gold (TSE) to earn a 50% interest in the Ortiz gold project of LAC Minerals (TSE) in New Mexico. Pegasus may earn its interest by spending $27.5 million(US) on e…
Metal snips (August 21, 1989)
The world’s major tin producer- nation last year was Brazil, the U.S. Bureau of Mines in Washington, D.C., reports. In second place was Indonesia, with Malaysia, usually leading the pack, falling to t…
Conference
The third Metals Week lead-zinc conference will be held March 5-6, 1990 in Tapatio Cliffs, Ariz. The strong zinc and lead prices of late have benefited many producers, but high prices bring problems a…
Toronto Stock Exchange Falconbridge, Corona keep mining sector hot
Mining activities continued to generate plenty of excitement on the Toronto Stock Exchange for another week. The Supreme Court of Canada handed down its landmark ruling on the LAC-Corona battle over t…
obituaries Ovide D. Maurice
Ovide Dollard Maurice, a former director of the Geological Exploration Services of the Quebec Department of Natural Resources, died recently at age 70. Born near Midland, Ont., Maurice graduated from …
Golden Reward expects gold output in September
MinVen Gold Corp. (TSE), Coin Lake Gold Mines (TSE), and Moruya Gold Mines, partners in the Golden Reward heap leach project, will soon have a golden reward in metal as well as in name. The first gold…
Cominco earnings still on upswing
The latest financial results for Cominco Ltd. (TSE) show a substantial increase in earnings over 1988 levels, primarily due to higher prices for zinc, copper and fertilizers. The company reported cons…