On Site At Casa Beradi
In late April, the snow was off the ground at the Casa Berardi mine in northwestern Quebec. Temperatures hovered at a tolerable 12/7ch/C, and black flies and mosquitoes had yet to emerge from the vast…
News
Suppliers’ Notes (July 06, 1990)
Berlet Electronics of Mississauga, Ont. has appointed Thomson Technology of Sudbury as the northern Ontario representative for Telemotive radio remote controls. As the largest manufacturer of industri…
FINANCING (July 02, 1990)
Dryden Res — 700,000 offered @ 96 cents per unit. Berglynn Res — 700,000 offered @ 56 cents per unit. Candela Res — 1,450,000 offered @ $1.32 per unit. Island-Arc Res — 600,000 offered @ 55 cents …
GOLDFUNDS (July 02, 1990)
MVP BGR Central Capital Net value $10.46 $5.53 $0.34 Price $9.50 $5.625 $0.20 Discount %9.18% %1.7% 41.2% Value $62,277,379 $94,636,688 N/A…
U.S.REPORT Goldstake, partners awaiting permit for tailings project
A feasibility study for the Whitewood Creek tailings project in South Dakota continues as the joint- venture partners await environmental approval.
Alberta Stock Exchange Gold Vessel up 35 cents
Shares of Gold Vessel Resources jumped 35 cents to $1.05 in the week ended June 26 after the company released assay results from underground channel sampling at its Gold Eagle mine in Arizona. The min…
COATS (over-the-counter) Major zinc discovery
Word of a major zinc find at Noranda’s Lynne project in Wisconsin almost doubled the share value of Pelangio-Larder Mines in the week ended June 26. The first two holes at Lynne both intersected over …
FUTURES PRICES (July 02, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) July 108.50 107.10 108.35 — 4.65 Aug 107.70 106.50 107.60 — 4.00 Sept 106.90 105.25 106.85 SILVER (in US cents …
Future uncertain for Durham with antimony mine shut down
The current outlook for Landmark Corp. (TSE) is “uncertain at best,” says Ronald Coleman, president and CEO, pointing out that junior mining companies are experiencing tough times. “But we hope we’re …
Robert Cleaver, president of Goldstake Explorations (TSE), which
The U.S. Environmental Protection Agency will require some controls for the mining operation. One example Cleaver cited was the recovery of wind-blown tailings from area properties. Cost of that clean…
Toronto Stock Exchange Indices (July 02, 1990)
June 26 June 25 June 22 June 21 June 20 HIGH LOW Composite “300” 3495.13 3474.16 3490.72 3526.24 3530.48 4009.47 3334.13 Metals & Minerals 3134.75 3128.57 3159.09 3206.88 3188.01 3453.06 2850.84 Integ…
U.S.REPORT Cornucopia appoints financial advisor
Shearson Lehman Hutton has been appointed by Cornucopia Resources (TSE) to act as the company’s advisor in the proposed merger with Galactic Resources (TSE). The proposed business combination between …