Alberta Stock Exchange Varna leads again
A Calgary-based company topped the most-active list in Alberta again this week. In much lighter volumes of 300,000, Varna Gold traded as high as 50 and as low as 36 . The issue, which has a promising…
News
Judgment reserved in Lac/Corona case
Judgment was reserved by the Supreme Court of Canada in an appeal by LAC Minerals (TSE) to overturn an Ontario Supreme Court ruling and win back the lucrative Page-Williams gold mine located in the He…
Reed Lake drilling Wawa gold property
Drilling is scheduled to begin this month on Reed Lake Exploration’s (ASE) gold property, located northwest of Wawa, Ont. The 19-claim property hosts an iron sulphide deposit containing 900,000 tons o…
Drilling resumes at Lac Rouleau project
Drilling will resume this month on the Lac Rouleau gold project, partners Beaufield Resources (TSE) and Falconbridge Inc. (TSE) say. Located in Urban and Barry twps., Que., the Lac Rouleau project was…
Bond Gold Canada
Bond Gold Canada a wholly- owned affiliate of Bond International Gold has earned a 50% interest in the Shoal Lake gold property near Kenora, Ont. The remaining interest is held by Kenora Prospectors &…
Ronrico results from Simkar
Mapping on the 4th level of the Simkar project has led to the discovery of a gold mineralized alteration zone. Located near Val d’Or, Que., the Simkar project is operated by Ronrico Explorations (VSE)…
Inco has $10-million to look at Couchenour
With its Golden Pond East zone in Quebec already up and running, Inco Ltd.’s (TSE) gold exploration arm is attempting to add to its mineable reserve inventory by sinking $10 million into the old Coche…
Analysts denounce linking dividends with `poison pills’
Inco’s(TSE) plans to institute a recapitalization plan that would include a shareholders’ rights plan, often known as poison pills, and a special $10(US) dividend has prompted a group of securities an…
Metal Prices (October 24, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Copper 1660-1662 1667-1672 1680-1685 1598-1600 1614-1616 Lead …
Editorial Opportunities in gold
These are exciting times for gold miners. Since Sir Isaac Newton first established a fixed gold price back in 1717, gold has been synonymous with money, the standard against which all other currencies…
Metall’s Australian mine
Metall Mining Corp. (TSE) plans to increase its operations in Australia following the commencement of gold production at the company’s Callion mine near Kalgoorlie. Callion, which began operations las…
Metal Prices PRODUCER PRICES (October 24, 1988)
ALUMINUM: MW U.S. Market $1.01-$1.07 per lb. (Oct 6, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Sept 29, 1988). CADMIUM: New Yor…