Casa Berardi on line for 90,000 oz.
To judge by results at the Casa Berardi mine more than 100 km. north of here, Inco the nickel miner makes the grade as a gold miner too. The Casa Berardi East mine has been profitably producing gold f…
News
Three agreements net financing for Stratmin
Three financing agreements worth about $26.2 million in total have been struck by graphite producer Stratmin (ME) and its subsidiary Stratmin Graphite. The agreements have been reached with Mircal, a …
NO HEADLINE (May 14, 1990)
TEXT: Gold production is expected to commence this summer at the Cheminis mine project near Kirkland Lake, Ont., say owners Northfield Minerals (ASE) and its subsidiary Rockford Minerals (TSE). North…
Small Belgium a major metals player
The go-ahead Kingdom of Belgium, known to us mainly for the terrible battles of Waterloo and Ypres and of “the Bulge,” or for the Flemish masters — Rubens, van Dyck, Breughel, Memlinc and van Eyck –…
U.S.Report Gold operations enhance Newmont Mining earnings
Newmont Mining’s (NYSE) interests in U.S. and Australian gold operations were the main factors behind an increase in the Colorado company’s first-quarter earnings. First-quarter net income was US$57.4…
INSIDER TRADING Audrey grants Kearney options
With Minnova (TSE) developing the 1100 lens at Audrey Resources’ (TSE) Mobrun polymetallic mine at Rouyn-Noranda, Que., some analysts were expecting Northgate Exploration (TSE) to sell its 18% stake i…
Correction (May 14, 1990)
The geographic location of the Harker Holloway gold project of Freewest Resources (ME) was incorrectly identified (T.N.M., May 7/90) in a headline. The proper location is northeastern Ontario, north o…
Kenroc celebrates its golden anniversary
Kenroc Tools Corp. is celebrating 50 years of operation this year, which marks the inception of its predecessor, the Craig Bit Co. In 1940 two brothers, Ernest and Robert Craig, developed the detachab…
Ontario beefs up grants for juniors
Junior mining companies doing business in Ontario are now eligible for grants of up to $300,000 per year from the Ontario government. It is the first time juniors, beneficiaries of flow-through financ…
Breakwater acquires two new properties
By spending $1 million on exploration over the next 10 years, Breakwater Resources (TSE) has the option to earn a 70% interest in 35 claims within the Blake River group of volcanic rocks that host the…
IOCC GOLD OPTIONS (May 14, 1990)
Options Open Series Volume Last Interest May 360 C 51 12.00 104 May 380 C 715 1.60 1,466 May 390 C 159 0.50 1,097 Aug 370 C 43 15.00 95 Aug 390 C 25 8.00 589 Aug 400 C 110 5.50 1,509 Aug 410 C 50 2.80…
GOLD FUNDS (May 14, 1990)
MVP BGR Central Capital Net value $10.68 $5.77 $0.36 Price $9.125 $5.750 $0.17 Discount %14.56% %0.3% 53% Value $63,606,200 $96,739,725 N/A…