Agnico offering
Today’s low gold price hasn’t dampened the enthusiasm of Agnico-Eagle Mines (TSE) to try to raise funds. The gold producer has approved a preliminary prospectus for a proposed offering of units (share…
News
Heenan Senlac assets sold to Laurasia
Despite objections from at least two shareholders, a resolution concerning the sale of all assets of Heenan Senlac Resources (TSE) was recently passed at a special meeting of shareholders. As part of …
Sun River, Bre-X plan production at Arizona property
Based on a recent letter of agreement, Sun River Gold (VSE) and Bre-X Minerals (ASE) plan to form a joint venture to place into production the United Western gold mine project near Oatman, Ariz. In or…
Lithium shares quadruple on Oxford Lake drilling results
Based on recent drilling results from Noranda’s (TSE) Oxford Lake properties in Manitoba, the Rusty gold zone discovered last year appears to be continuing downdip. Narrow zones of mineralization, inc…
Books in Review MEND reports on sulphide waste control Technical
The reports detail results from projects completed in 1989. “Field sampling manual for reactive sulphide tailings,” a new report prepared by Canect Environmental Control Technologies, gives the method…
Letters to the Editor (April 23, 1990)
I read with interest your editorial “Focus on Canada’s potential” (March 19/90) and the coverage of the Prospectors and Developers Association of Canada’s Latin American push. With the recent push tow…
St. Genevieve in Scintilore deal
A subsidiary of Montreal-based St. Genevieve Resources (TSE) has signed an option agreement allowing it to earn up to 50% of Scintilore Exploration’s (TSE) P-T gold-base metal property in Quebec’s eas…
ERG suspended from TSE trading
Struggling ERG Resources (TSE) was recently suspended from trading on The Toronto Stock Exchange because, the company says, its current financial condition does not meet the exchange’s requirements. T…
Cameco to enter plead soon regarding pollution charges
A plea to a charge in February by Saskatchewan’s justice department regarding a spill of contaminants leading to water pollution is expected to be entered by Cameco…
Aranlee cuts deal with Noranda
In a deal which could be worth $4.05 million, Aranlee Resources (VSE) has optioned its Quet property to Noranda Exploration, a wholly owned unit of Noranda (TSE). Noranda can earn a 60% interest in th…
IOCC GOLD OPTIONS (April 16, 1990)
Options Open Series Volume Last Interest May 360 C 59 22.00 137 May 380 C 166 6.60 1,384 May 390 C 130 5.10 851 May 400 C 325 2.30 2,044 Aug 400 C 107 10.00 1,364 Aug 430 C 300 4.00 691 Aug 440 C 55 2…
Toronto Stock Exchange Windarra find a point of interest in quiet
In a week when investors showed a distinct lack of interest in buying resource stocks it was comforting to note that a Saskatchewan gold discovery could succeed in garnering some attention. News that …