INSIDE No Murray Pezim
Promoters play a key role in getting junior mining ventures off the ground, but not all promoters come from the same mold as Vancouver’s flamboyant Murray Pezim. John Ternowesky, a Thunder Bay grain h…
News
Struggling to survive the flow-through `hangover’ (June 18, 1990)
The boom years over, junior mining companies must now try to survive through the lean years, when private investors tend to play a much larger role in their continued health. No longer able to count o…
Nevada gold output sets record in 1989
Gold production in Nevada reached record levels in 1989, jumping 36% from the previous year. Total production from Nevada mines surpassed five million ounces said the Nevada commission on economic dev…
INSIDE Eskay Creek
A full report on the Eskay Creek area in northwestern British Columbia is included on pages B8-B11.
INSIDE Offshore exploration
More Canadian exploration companies are looking beyond North America for exploitable mineral deposits. Many are finding the number of accessible areas in Canada and the U.S. dwindling while the costs …
Not all promoters come from the Murray Pezim mold (June 18, 1990)
John Ternowesky, a Thunder Bay, Ont., grain handler turned mining promoter reckons he’ll be able to survive the current exploration slump that is driving dozens of his colleagues out of the mining gam…
INSIDE Snip decision near
A positive production decision for the Snip property in the Iskut River regions north of Stewart, B.C., appears to be near. Mobilization of construction equipment is already set for the project which …
Toronto Stock Exchange Indices (June 18, 1990)
June 12 June 11 June 8 June 7 June 6 HIGH LOW Composite 300 3607.66 3578.66 3571.34 3604.64 3611.93 4009.47 3334.13 Metals & Minerals 3241.35 3201.86 3197.75 3236.04 3240.15 3453.06 2850.84 Integrated…
U.S.REPORT Silver Standard plans program for Chandler
Now that a joint venture has been formed to explore the 1,150-acre Chandler gold property near Weiser, Idaho, Silver Standard Resources (VSE) will oversee a $65,000 surface program consisting of geoch…
Private investor buys Royal Gold shares
A private investor, Robert Guy, has purchased 1.84 million shares of Royal Gold Enterprises. Guy bought the shares from 534910 Ontario, a company that he and his wife control. Together, Margaret and R…
SPOTPRICE2
Week’s Price (US) Change Gold* $353.00 — $6.80 Silver* $4.99 — $0.10 Platinum* $484.40 — $7.35 Nickel** $3.79 + $0.14 Lead** $0.37 — $0.00 Copper- $1.16 — $0.03 Zinc $0.76 — $0.03 Courtesy of Sc…
Mazarin negotiates graphite sales
An agreement covering the sales and distribution of graphite in central Europe has been announced by Societe d’Exploration Miniere Mazarin (ME). The junior is developing a flake graphite property near…