News


International Coast hosts Soviet delegation

A delegation from the Soviet Union visited Vancouver in early March to discuss mining industry opportunities that are becoming available in that country because of economic reforms under perestroika. …


Spot prices at a glance (March 26, 1990)

Week’s Price (US) Change Gold* $389.90 — $8.90 Silver* $5.05 — $0.04 Platinum* $486.75 — $15.75 Nickel** $4.66 + $0.53 Lead** $0.49 — $0.06 Copper- $1.20 + 0.02 Zinc $0.80 + $0.01 Courtesy of Scot…


Ennex set to study Scottish gold bet

Northgate Exploration’s (TSE) 33% owned affiliate Ennex International is moving one step closer to bringing Scotland’s first gold mine into production by 1991. Dublin-based Ennex says it has commissio…



FUTURES PRICES (March 26, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Mar 129.10 127.50 128.00 + 9.00 Apr 122.90 121.50 121.30 + 6.15 May 119.00 116.70 117.30 + 4.60 SILVER (in US cen…


Liberian Iron Ore receives $30.5 million

An aggregate of US$30,562,651 has been received by Liberian Iron Ore (TSE) from Liberian American- Swedish Minerals (LAMCO), a subsidiary of LIO. The decision to transfer the money was made after the …


Raw Bean production ahead of schedule

The Raw Bean diamond project in Brazil will begin production this month, more than one month ahead of schedule and about 10% under budget, Glencairn Explorations (ASE) President Kerry Knoll announced …


De Beers changing corporate structure

Major diamond dealer De Beers of South Africa is restructuring so as to separate its domestic and foreign activities. The old De Beers will handle the South African business while a new Swiss company,…


Gold funds as of Mar. 20

MVP BGR Central Capital Net value $12.35% %$6.15% $0.41 Price $10.875% %$6.50% $0.29 Discount 11.94% 5.7%5 29.3% Value $72,647,107 $103,530,859 N/A…



Tyranex Gold fears Rockford takeover

Management at Tyranex Gold (COATS) fears that an application made against them by Rockford Minerals (TSE) in the Supreme Court of Ontario will lead to a takeover by Rockford. The application has been …


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