GOLD FUNDS (February 25, 1991)
Gold funds as of Feb. 19 BGR Central Net Value $9.04 $5.09 Price $7.75 $4.600 Discount 14.27% 9.6% Value $53,817,306 $77,391,780…
News
News In Brief Four Seasons
Four Seasons Resources Ltd. (FSR:VSE) has changed its name to FSR Industries Inc. with a consolidation of capital on a 1-new-for-32Dold-share basis. The transfer agent is Montreal Trust.
News In Brief Carnes Creek Exploration
Carnes Creek Expl. Ltd. has changed its name to Marathon Telecom Corp. with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.
News In Brief ASARCO
Asarco Inc. (AR:NYSE) has declared a regular quarterly dividend on the common stock of 40^ per share payable March 1 to stockholders of record at the close of business on Feb. 14.
FINANCING (February 25, 1991)
Pacific Century Explorations Ltd. — 800,000 units consisting of one sh & two wts offered @ 40 cents per unit. Consolidated Ramrod Gold Corporation — 1,300,000 units consisting of one sh & one wt off…
News In Brief Deltec Resources
Deltec Resources Ltd. (DEC:VSE) has changed its name to Pacific Titan Resource Corp. (PFR:VSE) with a consolidation of capital on a 1-new-for-2-old-share basis. The transfer agent is Pacific Corp. Tru…
Deposit for sale
Described as one of the largest unexploited copper-gold deposits in the world, the Bajo de la Alumbrera deposit in Argentina was opened for bids to potential buyers by 100% owner, Yacimientos Mineros …
Industry seeks recruits from academia
As the head of a resource-based university department, I read with interest the report on Patrick MacCulloch’s “Student Night” speech at the Toronto branch of the Canadian Institute of Mining, Metallu…
Ontario Hydro plans 60-cycle conversion
Ontario Hydro has requested approval from the Ontario government to begin converting to 60 cycle an older inefficient 25-cycle system serving a number of mining companies in northeastern Ontario. In t…
Low prices, sales hit Potash profits
Lower North American sales volumes and soft potash prices resulted in a significant drop in annual earnings reported by Saskatchewan2Dbased producer Potash Corp. of Canada (TSE). Potash Corp., which p…
South Kemess may be next porphyry elephant
The discovery and development of the Mt. Milligan porphyry copper-gold deposit generated an exploration rush for the next elephant in British Columbia’s Quesnel Trough, particularly since Placer Dome’…
P.T. Inco earnings decline by 60% in 1990
P.T. Inco, like its parent, Inco…