Cominco to continue work on Estella
After identifying high base metal values during soil sampling in 1989, Cominco (TSE) plans further work on the Estella property near Kimberley, B.C., in 1990. The work will include geophysical surveyi…
News
U.S. Report Half-owner of Stillwater mine, Manville’s earnings dip
Denver-based Manville (NYSE), half-owner of the Stillwater platinum mine in southwestern Montana, took a 9% drop in first- quarter revenue from US$72.1 million in 1989 to US$65.5 million in 1990. The …
COATS (over-the-counter) Windy copper reserves
Estimating preliminary reserves of 30 million tons grading 0.48% copper on its MacLeod Lake property north of Chibougamau, Que., Windy Mountain Explorations’ share price moved up 25 cents before dropp…
Vancouver Stock Exchange Akiko-Lori shares bounce back
With gold and major markets in the doldrums, the Vancouver Stock Exchange was no different as the composite index tracked sideways at the 750-level for the week ended May 1. The index was off marginal…
MinVen finds potential for new structure at Blackdome
Preliminary results from a recent drill program at the Blackdome gold mine near Clinton, B.C., has owner MinVen Gold (TSE) optimistic it may have discovered a new high-grade oreshoot. The encouraging …
Pend Orielle zinc project likely to enter production
Based on a recent feasibility study, the directors of RFC Resource Finance (TSE) have recommended that the Pend Oreille zinc- lead project in Washington State be put into production. The company also …
PRODUCER PRICES (May 07, 1990)
ALUMINUM: MW U.S. Market US72.75- 4.75 per lb. (Apr. 26, 1990). ANTIMONY: New York dealer US82-84 per lb. (Apr. 19, 1990). BISMUTH: New York dealer US$4.25-4.35 per lb. (Apr. 26, 1990). CADMIUM: New Y…
Silverside seeks turnaround
A new management team at Silverside Resources (TSE) is hoping to turn the junior around by focusing its growth on the national and international scenes. “Our first target is the Garrison project in no…
Toronto Stock Exchange Indices (May 07, 1990)
May 1 Apr. 30 Apr. 27 Apr. 26 Apr. 25 HIGH LOW Composite “300” 3334.13 3340.91 3336.08 3369.48 3343.17 4009.47 3334.13 Metals & Minerals 2880.00 2907.54 2899.28 2949.39 2888.84 3453.05 2850.84 Integra…
Corona increasing stake in Breakwater
With recent purchases of more than three million shares and an agreement to buy an additional 10 million shares, Corona (TSE) is increasing its stake in Breakwater Resources (TSE) to 27.6%. In a separ…
Ming’s Bight drilling put on hold by Corona
Using two machines, Corona (TSE), as operator, has now completed some 20,000 ft. of diamond drilling in 45 holes on the 7,000- acre Ming’s Bight gold property in the Baie Verte area of Newfoundland. C…
Adrain shareholders to vote on fate of SKI property
Shareholders of Adrian Resources (VSE) will be meeting June 27 to vote on a special resolution to option the company’s SKI project north of Stewart, B.C., to Prime Resources Group (VSE) and Stikine Re…