Gold funds as of May 16
BGR Goldcorp Central MVP Capital Net value $11.59 7.22 6.28 0.66 Price $ 9.25 4.350 5.62 N/A Discount $20.19 39.7 10.4 N/A Va…
News
Metal Prices (May 22, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 16 May 15 May 12 May 11 May 10 Copper 1622…
IOCC GOLD OPTIONS (May 22, 1989)
Options Open Series Volume Last Interest Aug 370 C 61 5.20 309 Aug 390 C 264 6.50 1,091 Aug 400 C 661 4.10 2,595 Aug 420 C 345 1.50 1,6…
Photo (May 22, 1989)
Canadian Diamond Drillers Association President Dick Kemshall, left, present s the George Lemay safety award for Class A companies, surface drilling, to Wallace Bradley of Bradley Bros. Limited of Rou…
Corona intersects kimberlite in Saskatchewan
Corona Corp. (TSE) says it has intersected potentially diamond- bearing kimberlite on the first hole drilled on its property near Sturgeon Lake, Sask. Corona is exploring more than 14,000 hectares of …
Drill results boost Miligan potential
The latest results from wide-spaced drilling on the Mt. Milligan gold-copper project near MacKenzie, B.C., have Continental Gold Corp. (VSE) projecting a substantial increase in reserves. As operator …
Earnings Report (May 22, 1989)
First quarter earnings for Brunswick Mining and Smelting Corp. (TSE) were $18.3 million or 51 cents per share. In the first quarter of 1988 Brunswick’s net earnings were $3.9 million or 11 cents per…
CDDa safety award winners 1988-89
The Canadian Diamond Drillers Association has been promoting a safer diamond drilling industry for years. As a result, the presentation of the CDDA’s George Lemay safety awards are invariably a highli…
Placer Dome will need new mines to maintain existing production
With consolidated gold output expected to breach the one million ounce mark this year, Placer Dome (TSE) will have to find new reserves and develop new mines at a break-neck pace just to maintain exis…
Alberta Stock Exchange Guiness recovers
Gains were small on the Alberta Exchange during a week that featured mild trading and little investor interest. Volume leader was Baloil Lassiter with 676,000 shares changing hands although the issue …
Januard resigns as head of Total Energold
Just hours after its annual shareholders meeting was concluded, Total Energold Corp. (TSE) announced the resignation of Jean-Pierre Januard as president and chief executive officer. At the meeting, Ja…
De Beers subsidiary moves in equipment
A Canadian subsidiary of De Beers Mining, the South African diamond producer, has apparently moved some processing equipment into the Prince Albert area which could be used to recover diamonds from ki…