GOLD FUNDS (July 06, 1992)
BGR Central Net Value $8.14 $5.07 Price $6.50 $4.60 Discount 20.15% 9.30% Value $48,468,000 $77,391,780…
News
FINANCING (July 06, 1992)
International Brace Res Inc. – 900,000 units consisting of 1 sh and 2 wts offered @ 54 cents per unit. DRT Res. Ltd. – 1,000,000 shs offered @ 16 cents per sh. Swannell Minerals Corp. – 2,250,000 shs …
STOCK MARKETS — Rio Algom active issue on Rio Tinto share
Toronto-based Rio Algom emerged as one of the most active issues on The Toronto Stock Exchange during the week ended June 29, as British resource giant RTZ completed a second offering of 22.5 million …
NEWS ROUNDUP — Freewest options Corner Bay property
Partners Corner Bay Minerals (TSE) and Roycefield Resources have entered into an agreement with Freewest Resources (TSE) to explore a 167-claim property in New Brunswick. By spending $500,000 on explo…
Gem diamonds: from 0.005 to 3,000 carats (Part two of three)
Some of the smallest gem diamonds weigh no more than one-200th of a carat. They are known as “half-pointers.” Though not measuring much over a millimetre, stones half that size are also produced. They…
Bard negotiating diamond interest
Trading in shares of Bard Silver & Gold (VSE) remains halted pending the outcome of the company’s negotiations to acquire Stewart Blusson’s minority interest in the Point Lake joint venture in the Lac…
STOCK MARKETS — Dia Met off by $2.50; additional diamond
Western markets managed to hold their ground during the period ended June 29, with the Vancouver Stock Exchange resources index edging up 3.16 points at 543.18, and the composite index posting a modes…
Fluorite benefits from ozone fears
The planned phasing out of chlorofluorocarbons (CFCs) by the year 2000 or earlier has prompted a number of companies to begin exploring and developing fluorite deposits. Fluorite, also known as fluors…
50 Years Ago (July 01, 1992)
CCF PLEDGES TO TAX WEALTHY The Co-operative Commonwealth Federation (CCF) has considerable prominence as well as third place in the House of Commons. The bit cry of this party, during the war particu…
The Brenda Legacy
The Brenda mine in B.C. was poor in terms of grade – 0.17% Cu and 0.04% Mo. But such poverty spurred Brenda’s technical people to introduce a wealth of technological innovations. Process technology …
B.C. Smelter? Yes!
You’re in select company if you work at a British Columbia mine or mill. And you can count on becoming more select as time wears on. The province has 22 operating mines. Ten are threatened by deple…
THE RISING COST OF SHUTTING DOWN: The cost of doing mining
Only a few years ago, mine closures in Ontario were uncomplicated and inexpensive. Sell the grinding mills and pumps, salvage the mill buildings and haul up the scoops and jumbos and auction them off…