News

Canamax to sell Hundere prospect for $10 million

A $10-million offer for its Mt. Hundere zinc-lead-silver project in the Yukon was too good to be refused by Toronto-based Canamax Resources (TSE). After outlining 5.2 million tonnes of grade 18.5% com…


Corona declares write-down for Nickel Plate project

Major North American gold producer Corona Corp. (TSE) decided to declare a write-down of $108 million in 1988 after revising ore reserves at its Nickel Plate mine in southern British Columbia. Last ye…


IOCC GOLD OPTIONS (April 03, 1989)

Options Open Series Volume Last Interest May 390 C * 40 12.00 593 May 400 C 1,026 4.20 4,184 May 420 C * 251 1.50 2,918 May 440 C * 130 0.40 2,736 Aug 400 C * 68 …


INSIDER TRADES (April 03, 1989)

Amer. Barrick — Horsham Sec. bought 1,170,300 (Feb.) @ $23.07-$23.50 to hold 14,366,396. Augdome — J. Archibald sold 10,000 @ 30 cents (Sept./88, amended) and 25,000 (Feb., private) @ 21-22 cents …


News in Brief (April 03, 1989)

Lakeshore Minerals (ASE) has acquired a 33-claim gold property in Maricopa Cty., Ariz. Consideration paid for the claims was 100,000 common shares of Lakeshore. The property is subject to a 10% net pr…



Marshall, Caribou in custom milling talks

Negotiations involving Toronto- based Marshall Minerals (ASE) and East West Caribou Mining could make an open pit base metal producer out of the Restigouche polymetallic property in New Brunswick. If …



McNickel created by amalgamation

The shareholders of Hanson Mineral Exploration (COATS) and Perch River Mines have approved the amalgamation of the two companies. The name of the amalgamated company has been changed to McNickel Inc. …


Abcourt reports lower tonnage

Tonnage extracted from the Abcourt-Barvue zinc-silver mine about 40 miles north of Val d’Or, Que., during the last six months of 1988 was down when compared with the same period a year earlier, Abcour…



Granges increases stake in Trout Lake mine

With a major development program to increase reserves and facilitate exploration at depth nearing completion, Granges Exploration (TSE) has moved to increase its stake in the Trout Lake mine located n…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close