Alberta Stock Exchange Baslen high rader
An option to explore a 78-claim gold property in Val d’Or, Que., made a former oil producer called International Baslen Enterprises the the big trader this week. With 623,000 shares changing hands, th…
News
Conference to focus on nickel, moly, cobalt
A 3-day conference dealing with the nickel, molybdenum and cobalt industries is being organized by Metals Week for Tuscon, Ariz., Oct 26-28. In addition to the usual presentation of papers and speaker…
Nexus gets option in Hemlo gold bet
Vancouver- based Nexus Resource Corp. has signed a joint venture option agreement with Carlson Mines and Black Gregor Explorations to earn a 50% interest in the latter’s Marathon gold claims in the He…
Silverside, partners hike Garrison reserves
Related companies Silverside Resources and Proteus Resources report the recent completion of a drilling program on the 106-claim Garrison gold property in Garrison and Thackeray twps., in northern Ont…
COATS Trading Features (April 04, 1988)
A takeover offer for 750,000 shares of Newfield Mines helped perk up the share price of that issue to $1.85. Partners T & H Resources and Jonpol Explorations are making the bid. The latter companies h…
Metal Prices PRODUCER PRICES (April 04, 1988)
ALUMINUM: MW U.S. Market $1.065-$1.105 per lb. (Mar 17, 1988). ANTIMONY: New York dealer $1.09-$1.15 per lb. (Feb 25, 1988). BISMUTH: New York dealer $5.65-$5.80 per lb. (Mar 17, 1988). CADMIUM: New Y…
Debt-free Queenston quiet on Kirkland West talks
While a shutdown at the McBean open pit near Kirkland Lake, Ont., reduced Queenston Gold Mines’ 1987 earnings, the Toronto company is negotiating a joint venture agreement with Lac Minerals at the pro…
Anglo American joins TRV in Brazil
TRV Mineracao Ltda. of Brazil has granted an option to Anglo American Corporation Do Brazil to explore its Anicuns gold project in the State of Goias. TRV Mineracao is jointly owned by two Vancouver c…
Mimiska acquisition
Assets of Fern Elizabeth Gold Exploration, including 40% of the Fern Elizabeth and Hill Lake properties in the Atikokan area of northwestern Ontario, have been acquired by Mimiska Exploration. The Fer…
Teeshin suing 5 companies involved in Dome Mountain
Legal proceedings have been launched by Teeshin Resources of Oakville, Ont., in the Supreme Court of British Columbia against five companies, all of whom are involved in the Dome Mountain gold-silver …
Gulf ups bid for Asamera
Common shareholders of Calgary-based Asamera Inc. are going to get more money for their shares under a revised takeover bid by Gulf Canada Resources. The large oil and gas producer has increased its o…
Vancouver Stock Exchange N.A. Metals management must decide
It’s becoming more and more difficult to comprehend which of two takeover offers management at North American Rare Metals is actually supporting. At this point it seems to be both. But the market has …