Final summaries given in Ontex, Metalore trial
Lawyers for Ontex Resources (ASE) and Metalore Resources (TSE) have summarized their final cases in a court battle to settle ownership of the disputed Brookbank gold property near Beardmore, Ont. The …
News
Vancouver Stock Exchange Toltec, Albany, Adrian busy
With gold holding its own above the US$380 level, the Vancouver Stock Exchange continues to be in a state of siege. The Composite Index registered a drop of just over 11 points finishing Nov. 13 at 51…
Minatco buys 100% of uranium property
Saskatoon-based Minatco, an affiliate of Total Compagnie Francaise des Petroles, has acquired a 100% interest in the Wolly project, a uranium property in northern Saskatchewan. Minatco, which purchase…
Toronto Stock Exchange Northgate nose dives after Colomac mine
Northgate Exploration was forced into a damage control mode this week after affiliate NorthWest Gold revealed its decision to take a $149-million writedown on the remote Colomac gold mine. Not surpris…
Amalgamation approved
Shareholders of International Mahogany (VSE), Goldsil Resources (VSE) and Magellan Resources (VSE) approved the proposed merger of the three companies. Each class A share of International Mahogany wil…
Metal Prices FREE MARKET (November 19, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date November 13 November 12 November 9 November 8 November 7 Copper 1331-1332 1308-1310 …
FINANCING (November 19, 1990)
Greenstone Resources Ltd. — min of 550,000 and max of 1,750,000 units consisting of 1 common sh and 1/2 series C sh purc wt offered @ $2.75 per unit, plus 386,750 exchange units consisting of 1 commo…
U.S. REPORT Hecla declares dividend and earnings
As a result of increased gold production and lower costs at its silver operations, Hecla Mining (NYSE) reported net earnings of US$591,000 for the third quarter ended Sept. 30, compared to a loss of U…
NEWS IN BRIEF Tasu Resources Ltd.
Tasu Resources Ltd.(TAS: VSE) has changed its name to Imtrex Industries & Recycling Inc. with no consolidation of capital. Transfer agent is Montreal Trust.
Pouliot `under siege’ as mines minister
Ontario’s newly appointed mines minister says he is placed on the defence during a recent interview with The Northern Miner. “I am under siege,” jokes Gilles Pouliot, 48 — a feeling that may be inevi…
A darker shade of green Mining and the environment
Environmental responsibility is a hot topic these days. The corporate communit ha no move t suppor th gree revolution Bu th corporat officer an directors statutor liabilit fo environmenta matter i con…
IOCC GOLD OPTIONS (November 19, 1990)
Options Open Series Volume Last Interest Nov. 360 C 238 23.00 393 Nov. 370 C 177 15.00 559 Nov. 380 C 686 6.00 1,162 Nov. 390 C 426 1.50 1,910 Nov. 400 C 437 0.20 2,915 Feb. 420 C 416 7.50 1,566 Feb. …