U.S. News in Brief (April 16, 1990)
Coeur d’Alene Mines has declared a 15 cents dividend payable April 20 to shareholders of record April 13. The company has also filed an application to list the common stock on the New York Stock Excha…
News
Elliot Lake lab bears Coates’ name
An Elliot Lake laboratory has been named the Donald F. Coates Building in honor of the late Dr. D.F. Coates. It is a section of the Mining Research Laboratories at the Canada Centre for Mineral and En…
Gold funds as of Apr. 3 (April 16, 1990)
MVP BGR Central Capital Net value $11.65% %$5.93% $0.39% Price $10.375% %$6.125% $0.24% Discount 10.94% %3.3% 38.5% Value $69,385,546 $103,048,838 N/A…
NO HEADLINE (April 16, 1990)
TEXT: “Globe ’90?” the voice demanded. I turned from my companions, as we strolled past the doors of the Vancouver Convention Centre, to see an elderly woman looking sternly at me. “Yes,” I said, thi…
Kingswood busy in Casa Berardi area
Toronto-based Kingswood Explorations (ASE) is increasing its land position around a small base metal deposit in La Gauchetierre Twp., 23 miles west of Matagami, Que. Subject to regulatory approval, th…
Glencairn insider bets on diamonds
Glencairn Exploration (ASE) director Robert Peereboom has been positioning himself to take advantage of any developments relating to the company’s Brazilian diamond and Ontario gold projects. Having o…
Wydmar raises cash for gold exploration
An option agreement between Southern Arizona Mining and Smelting (COATS) and Wydmar Development (VSE) will allow Wydmar to finance exploration on their Eskay Creek and Island Lake properties. Under th…
Vancouver Stock Exchange Reserve figures goost Eskay players
The Vancouver Stock Exchange lost some of its steam during the past week, the composite index off about 10 points at 11 a.m. on April 11, today, for a total loss of about 18 points over the week’s rep…
National Resource proposes amalgamation
The shareholders and partners of National Resource Explorations (TSE) have recently been notified that the company intends to amalgamate with NIM Management, and wind up all six of their partnerships …
Liability looms for Terra Mining
Revenue Canada recently advised Terra Mines (TSE) that certain exploration expenditures incurred on the Bullmoose Lake project were invalid. Revenue Canada intends to notify investors in flow-through …
Douay Twp. drilling
Operator Inco (TSE) and its two partners at the Douay gold project in Quebec’s Casa Berardi region recently released more encouraging drilling results from nine holes of a 17-hole program. Among the b…
Aurizon reports loss for 1989
Revenue from gold and silver sales and custom milling charges totalled almost $14.9 million, Aurizon Mines (TSE) reports for 1989, its first full year of operation. The Hughes-Lang Co., formed in Augu…