Battle Mountain options NWT gold property –
A third company has been signed up by joint venture partners Gunnar Gold (TSE) and Mill City Gold (ASE) to explore their 100%-owned Courageous Lake gold property, 150 miles northeast of Yellowknife, N…
News
Falconbridge to keep shares held by McIntyre for moment
A plan of arrangement allowing shareholders of McIntyre Mines (TSE) to exchange each of their shares for either $64 cash or around 2.52 Falconbridge Ltd. (TSE) common shares, received both shareholder…
Glencairn seeks financing after Aur deal terminates
Glencairn Explorations (ASE) is seeking financing required to place its Feijao Cru diamond property in production. Located in Brazil, the Feijao Cru property hosts alluvial diamond bearing gravels whi…
analysts’ Comments
A gold producer for more than 30 years, LAC Minerals (TSE) is faring quite well, thank you, and is on target to produce a half-million ounces gold by 1991, that figure not including output from the Pa…
Gradore to reorganize
A cease trade order against Gradore Mines Ltd. (COATS), in effect since Feb 13, 1973, was rescinded recently by the Ontario Securities Commission, the company now being up to date with its filings. A …
Coin Lake gold loan
A $17-million(US) gold loan has been arranged for the Golden Reward gold mine in South Dakota. Coin Lake Gold Mines (TSE), which holds a one-third interest in the project, says the mine is scheduled …
Drilling continues at Joubi property
More encouraging results have been announced by Western Quebec Mines (ME), Messeguay Mines (ME) and Oasis Resources (ME) from their underground exploration program at the Joubi gold project at Val d’O…
Vior/Mazarin funds
A public financing worth $2.5 million has been completed by Societe en commandite Vior- Mazarin, the money to go towards exploration work this month and during February on properties belonging to Vior…
News in Brief (January 23, 1989)
Dawson Eldorado Mines has changed its transfer agent to Montreal Trust Co.
Nova-Cogesco board backs takeover bid
Acting on the report of an independent directors committee, the board of directors of Nova-Cogesco Resources (TSE) is recommending shareholders accept a takeover bid by Cambior Inc. (TSE) for all of …
Goldfunds (January 23, 1989)
Gold funds as of Jan. 17 BGR Goldcorp Central MVP Capital Net value $11.99 8.77 6.74 0.86 Price $ 9.00 5.625 5.7…
Metal Prices FUTURES PRICES (January 23, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 158.70 156.50 158.70 + 14.00 Mar 149.50 145.20 148.80 + 5.10 May 137.60 133.80 …