PRODUCER PRICES (August 13, 1990)
ALUMINUM: MW U.S. Market US73-75 cents per lb. (Jul. 26, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Jul. 5, 1990). CADMIUM: …
News
Nemis “couldn’t be happier” as tonnage builds at Crude bet
As Central Crude (TSE) President Richard Nemis contemplates his company’s Eagle River and Moss Lake projects from a 42-ft. yacht on the waters of Georgian Bay, Ont., he admits that life couldn’t be be…
Major ready to veto deal at Louvicourt
A senior official in Noranda Minerals group has told a Quebec business paper that Noranda (TSE) is opposed to an agreement designed to end the legal dispute over the massive sulphide discovery of Aur …
Alberta Stock Exchange Fear boosts gold
Trading volumes were generally lower during the week ended Aug. 7 as most investors appeared to be awaiting the outcome of events in the current Middle East turmoil. Meanwhile, gold prices surged ahea…
Corrections (August 13, 1990)
Contrary to an earlier story (T.N.M., Aug. 6/90), Flagship Resources (COATS) has not changed its corporate name. Another over-the-counter firm, Delbridge Mines, recently changed its name to Hoverspace…
Cologne trade fair
Geotechnica, the international trade fair and congress for geosciences and technology, will be held Sept. 18-21, 1991, at Cologne, Germany. Participating countries include Australia, Germany, Britain,…
NEWS IN BRIEF Welcome North Mines
Welcome North Mines Ltd. (WLN:VSE) has changed its name to Welcome North Resources Inc. (WLN:VSE) with no consolidation of capital. Transfer agent is Montreal Trust.005…
Goldfunds (August 13, 1990)
MVP BGR Central Capital Net value $11.14 $5.74 $0.33 Price $ 9.625 $6.000 $0.19 Discount %13.60% %4.5% 42.4% Value $66,345,177 $100,945,800 N/A…
Montreal Exchange Mazarin, Cambior deal
In response to the latest Mid- East crisis involving a show of force by Iraq, the ME, like its sister equity markets around the world, took it on the chin for the week ended Aug. 7. The general market…
Toronto Stock Exchange Gold index suffers as investors bail out of
A small measure of calm reigned over the markets today, Aug. 8, as U.S. President George Bush attempted to protect America’s interests in Saudi Arabia by moving 4,500 troops toward the big oil produce…
Cambior will fund Lac Knife
A partner has been lined up by Societe d’Exploration Miniere Mazarin (ME) to bring its Lac Knife graphite project near Fermont, Que., into production. Gold producer Cambior (TSE) has agreed to fund th…
Royal Crest loss
Toronto-based Royal Crest Resources (COATS) continues to lose money as it enters the second half of 1990. For the nine months ended May 31, Royal Crest reported a net loss of $4,202 compared with a lo…