People REA GOLD CORPORATION
Garth McRae elected to the board.
News
Prime Resources buys more Avondale
With the recent purchase of an additional 125,000 shares, Prime Resources Group (VSE) now owns 1.04 million shares of Avondale (VSE), or about 16.56% of Avondale’s issued and outstanding shares. Prime…
Goldstream starts work program
A sampling and geophysical survey is set to begin on the Goldstream and Brew properties owned jointly by Bethlehem Resources (TSE) and Goldnev Resources (VSE). The Goldstream property, 60 miles north …
Anglo hits graphite horizon on hole two
Drilling its second hole at the MWF property near Timmins, Ont., Anglo Canadian Mining (TSE) has intersected what it believes to be an important mineralized zone. Occurring at the contact between sedi…
Gigi to drill Galore Creek bet
With Prime Equities as operator, Gigi Resources (VSE) is about to start its 1990 work program at the Trophy gold project in the Galore Creek region of northwestern British Columbia. Gigi can earn a 55…
News in brief First Manhattan Resources Corp.
First Manhattan Resources Corp. (FMZ:VSE) has changed its name to Napier International Technologies Inc. on a 3-new-for-2- old-share basis. A reverse takeover is in progress. Pacific Corporate Service…
People LAC MINERALS LTD.
Mitchell Graye appointed senior vice- president and chief executive officer of LAC Minerals and vice- president, chief financial officer and treasurer of LAC’s subsidiary Bond International Gold, Inc….
Windarra says La Ronge gold mine could cost $39 million
A recently completed feasibility study on the Contact Lake gold deposit near La Ronge, Sask., estimates capital costs to build a 700-tonne-per-day mine at $39 million, says 20% owner Windarra Minerals…
Pezim and associates take centre stage at hearings
With television cameras rolling and flashbulbs popping, mining promoter Murray Pezim and associates John Ivany and Lawrence Page appeared in front of the British Columbia Securities Commission on July…
PRODUCER PRICES (July 16, 1990)
ALUMINUM: MW U.S. Market US72-73 cents per lb. (Jul. 5, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Jul. 5, 1990). CADMIUM: N…
FUTURES PRICES (July 16, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) July 121.20 118.50 118.60 + 4.20 Aug 119.50 118.20 118.25 + 4.15 Sept 118.70 116.20 116.75 + 3.65 SILVER (in US c…
Toronto Stock Exchange Noranda, Inco issues up as summer strikes
What may be remembered as the summer of discontent gained momentum during the week ended July 10, as employees at Brunswick Mining & Smelting’s Belledune smelter prepared to join their colleagues at T…