News


Alberta Stock Exchange Ontex up 20 cents

Shares of Ontex Resources rose 20 cents to $1.85 during the week ended Aug. 28 as investors begin to speculate on the outcome of a trial involving the company and TSE- listed Metalore Resources. Share…


Mimiska acquiring Red Lake property

A 42-claim property in the Red Lake mining camp in northwestern Ontario is being purchased by Societe Miniere Mimiska (ME). An agreement with three individuals — Michael Desmoulins, Perry English and…


Ascot, Beauchamps commence drilling

A drilling program is under way at a polymetallic project near Kiniskan Lake in the Iskut-Stikine area of British Columbia, Ascot Resources (VSE) and Beauchamps Exploration (VSE) report. Ascot, which …




U.S. REPORT Formation acquires Oregon property

Exploration work by Formation Capital (VSE) on recently acquired ground in eastern Oregon has the company optimistic the property has potential for a bulk tonnage, precious metal deposit that may be a…


Insider Trading Black Hawk board granted options

The entire board of Toronto- based Black Hawk Mining (TSE) has been positioning itself to take advantage of any developments relating to the company’s U.S. and Canadian nickel projects. According to t…


New LME chairman

The London Metal Exchange (LME) has a new chairman. John Wolff, currently vice-chairman of the commodities exchange and one of its committee members from 1979 on, was recently elected to the position….


Kalrock, Flint Rock in amalgamation

Shareholders of both Kalrock Developments (ASE) and Flint Rock Mines (VSE) recently approved an amalgamation of the two companies. Name of the new corporation is Kalrock Resources. Flint Rock’s share …


Mining rate declining at Kidd Creek

Officials at Kidd Creek Mines, Falconbridge Ltd. and Noranda (TSE) are playing down suggestions that the world-class mining facility is on its last legs. For the past year there has been a growing con…


Metal Prices FREE MARKET (August 27, 1990)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 21 August 20 August 17 August 16 August 15 Copper 1542-1544 1552-1553 1577-15…


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