Montreal Exchange Heavy Vior volume
Resource issues took a tumble for the week ended April 10, with the mining and minerals index dropping more than 89 points. The market portfolio was also down, by more than 28 points, in light-to- mod…
News
Updated reserves estimate released for Eskay Creek by Vivian
Two separate geological reserve estimates were released this week for the 21 Zone deposits at the Eskay Creek project north of Stewart, B.C. Calpine Resources, project operator and 50% owner, released…
Despite shutdown, Mobrun mine boosts 1989 income for Audrey
Annual financial results reported recently by Audrey Resources (TSE) reflect the recent expansion of its Mobrun polymetallic mine near Rouyn-Noranda, Que. Reopened after a 1-year shutdown from mid-198…
Record production for Eastmaque
The American Girl mine near Ogilby, Calif., produced in excess of 3,300 oz. gold in March, a record month of production for joint venture partners Eastmaque Gold Mines (TSE) and Morrison Knudsen (NYSE…
Toronto Stock Exchange Indices (April 16, 1990)
Apr. 10 Apr. 9 Apr. 6 Apr. 5 Apr. 4 HIGH LOW Composite “300” 3594.89 3613.60 3632.32 3630.63 3634.95 4009.47 3594.89 Metals & Minerals 3114.22 3113.62 3133.89 3154.83 3157.06 3453.05 2921.03 Integrate…
News in Brief (April 16, 1990)
Yellow Band Resources (VSE) has changed its transfer agent to Montreal Trust Co.
FINANCING (April 16, 1990)
A-X Metals — 900,000 offered @ 55 cents per sh. Sarabat Gold — min 500,000 offered @ 50 cents per sh. Covenant Res — min 500,000 offered @ 45 cents per sh. Trades reported by QSC…
London Metal Exchange (April 16, 1990)
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 10 Apr. 9 Apr. 6 Apr. 5 Apr. 4 Copper 1618-1620 1626-1628 1650-1652 1642-1644 1644-1646 Lead 530-533 …
Chutine placement for Mexico project
Toronto-based Chutine Resources (VSE) recently entered into two private placement agreements to raise $2.4 million for exploration on a 7,000-acre gold/copper property in Mexico’s Sonora Province. The…
Tangier expenses put Coxheath in the red
Attempts to bring their Tangier mine in Nova Scotia back into production have cost Coxheath Gold Holdings (TSE) dearly, sending the company deep into the red for the year ended Sept. 30. Coxheath repo…
Cominco Resources warrants to raise $29 million
Through the exercise of warrants, Cominco Resources International (TSE) is expecting to receive proceeds of about $29 million to fund ongoing work on its major projects. These will include the Quebrad…
Wisconsin project will be financed by Placer
By spending US$500,000, Placer Dome (TSE) will earn a 70% interest in a 4,117-acre property jointly owned by Quote Resources (VSE) and Pelangio- Larder Mines (COATS), in Enterprise Twp., Wis. The thre…