Greatest value traded, July 23-29
ExchgValue($000s)HighLowCloseChangeInco LtdT16605…
News
DIAMOND PAGE — Magino envisaged as big low-grade target
Low gold prices closed the Magino mine, 40 km northeast of Wawa, in 1992, and now Golden Goose Resources (GGR-T) is hoping that some new geological thinking may warrant a reopening.Golden Goose, which…
Gold Funds (August 04, 1997)
Gold Funds as of July 24, 1997BGRCentralNet Value$18.18$5.44Price$13.95$5.450Discount23.26%Premium0.2%Value$135,088,000$98,641,185…
ODDS ‘N’ SODS — That sinking feeling
Back in the 1950s, when we were kids in the northern Ontario mining town of Chaput Hughes, near Kirkland Lake, we spent more time roaming the local woods than we spent at home.We could be found either…
DIAMOND PAGE — Trivalence reports sale of gems
Diamond producer Trivalence Mining (TMI-V) recently completed its third gem sale of 1997, in Conakry, Guinea.A parcel containing 3,034 carats of rough diamonds was sold for US$1.7 million at the avera…
Most active issues, July 23-29
ExchgVol(000s)CloseBarrick GoldT517830.95Inmet MiningT…
EDITORIAL AND OPINION — The front or back end of the pipe? — Governments and BACT
Alberta and British Columbia may be neighbors, but those Rocky Mountains are, at times, much more than a geographic barrier.Both provinces have substantial resources of coal, which contribute much to …
Spot Prices (August 04, 1997)
Wednesday, July 30, 1997Price (US)Week’s ChangeGold*$326.40+ $2.05Silver*$ 4.36…
Toronto Stock exchange indices
1997July 29July 28July 25July 24July 23HighLowCom…
Court clears Glimmer Res. sale
Under a Canadian court action, the sale of Glimmer Resources (GME-V) may proceed.The General Division of the Ontario Court ruled that the right of first refusal in the Glimmer mine joint-Venture agree…
NEWS IN BRIEF (August 04, 1997)
Mountain View Ventures (MVI-V) has changed its name to Blackrun Ventures (BKV-V) on a 1-New-for-4-old-share basis.
OBITUARY — Colin Macaulay
Colin Macaulay, a former vice-Chairman of Rio Algom, has died. He was 66.Born in Montreal, Que., Macaulay graduated from McGill University’s engineering program with a bachelor’s degree in 1954 and a …