B.C. companies win reclamation awards
Westar’s Balmer coal operation in the Elk Valley of British Columbia won the top provincial award this year at the 14th annual mine reclamation symposium held recently in Cranbrook. Westar was present…
News
Musto back on track after reorganization
Following a recent reorganization, Musto Explorations (VSE) is once again trading on the Vancouver Stock Exchange. The company ran into trouble in mid-1987 when it was forced to close its Apex Mine ne…
Eagle River drilling gets best hole yet in Mishibishu camp
Just as Noranda (TSE) puts the finishing touches to a final feasibility study on the Eagle River gold deposit near Mishibishu Lake, Ont., a new zone appears to be opening up. Drilling on an extensive …
PEOPLE AKIKO-LORI
Michael Levinson, Akiko Levinson, Hiroshi Ogata, Alphonse Schmit and Albert Raponi elected to the board of directors; J.P. Sorbera appointed vice- president in charge of mineral exploration.
PROFILE Hudgins attracts cash to the Maritimes
The East Kemptville mine, the only operating tin mine in North America, has attracted substantial investment to Nova Scotia. Playing a major role in the discovery of East Kemptville is prospector Avar…
North American gold equities are recommended
London-based brokerage house Barclays de Zoete Wedd is recommending investors focus on the North American gold sector in the short-to-medium term as opposed to Australian and South African gold equiti…
Acadia’s connection with Hecla provides access to equity funds
At a time when most juniors are struggling to raise risk capital Acadia Mineral Ventures (TSE) has secured significant financial clout and has expanded its portfolio of gold properties. The company no…
Tap Capital shifts focus to oil and gas
Toronto-based Tap Capital is continuing with a restructuring plan that will eventually see all of its mining assets sold to focus on its oil and gas businesses. Director Richard Scratch says the compa…
Small percentages will determine Stikine’s future
As a result of Placer Dome’s (TSE) unsuccessful attempt to acquire a controlling interest in Stikine Resources (TSE), Corona (TSE) and Placer remain practically tied in the race to dominate the Eskay …
Uranium price rise first in three years
The spot price of uranium underwent its first increase in three years in May when the range for bids and offers stood at US$8.90-9.35 per lb. U/c3h/O/c8h/, NUKEM reports. The company, which provides n…
Coxheath gets new funds from Ainsley
An option agreement has been signed between Coxheath Gold Holdings (TSE) and Toronto-based Ainsley Financial Corp. which will see the latter company invest $2.5 million to complete development of Coxh…
Metal Prices FREE MARKET London Metal Exchange (July 16, 1990)
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 10 July 9 July 6 July 5 July 4 Copper 1526-1528 1550-1552 1533-1535 1508-1510 1478-1480 Lead 502-504 …