Gold funds as of March 28
BGR Goldcorp Central MVP Capital Net value $12.15% 9.16 6.67% N/A Price $ 9.63% 5.250 5.88% N/A Discount $20.78% 42.7% 11.9% N/A Va…
News
Cambior offers to purchase half of Louvem gold mine
Small Quebec gold producer Louvem Mines (TSE) has received an offer to sell a half interest in its Chimo mine near Val d’Or, Que. Cambior Inc. (TSE) has entered into an agreement-in-principle to buy a…
Low uranium prices at fault Cameco closes Rabbit Lake
Record low uranium prices are taking their toll on the world’s largest uranium mining company. Cameco-A Canadian Mining and Energy Company is being forced to temporarily shut down its Rabbit Lake uran…
Obituary Eugenia Campbell
Eugenia Nadia Campbell, better known as “Gramma Gene,” one of the Red Lake, Ont., area’s most famous pioneers and widow of the discoverer of the Campbell gold mine, died on Feb 26, at age 78. On a far…
Corona declares write-down for Nickel Plate project
Major North American gold producer Corona Corp. (TSE) decided to declare a write-down of $108 million in 1988 after revising ore reserves at its Nickel Plate mine in southern British Columbia. Last ye…
Vancouver Stock Exchange Guinness rises
High interest rates and fears of a recession continued to keep the investors at bay and put the damper on recent trading activity here. A strong U.S. dollar, weak gold prices, and Easter week compound…
IOCC GOLD OPTIONS (April 03, 1989)
Options Open Series Volume Last Interest May 390 C * 40 12.00 593 May 400 C 1,026 4.20 4,184 May 420 C * 251 1.50 2,918 May 440 C * 130 0.40 2,736 Aug 400 C * 68 …
INSIDER TRADES (April 03, 1989)
Amer. Barrick — Horsham Sec. bought 1,170,300 (Feb.) @ $23.07-$23.50 to hold 14,366,396. Augdome — J. Archibald sold 10,000 @ 30 cents (Sept./88, amended) and 25,000 (Feb., private) @ 21-22 cents …
Editorial Government help
Government — seems you can’t live with it and you can’t live without it. A couple of cases of government involvement — or lack of it — have come to mind recently warranting a pat on the back to th…
Spot prices at a glance (April 03, 1989)
Wednesday, Mar. 29 Price Week’s ($US) Change($) Gold* 383.30 –10.10 Silver* 5.83 –0.23 Platinum* 523.50 –21.15 Nickel** 7.17 –0.18 Lead** 0.27 Co…
News in Brief (April 03, 1989)
Lakeshore Minerals (ASE) has acquired a 33-claim gold property in Maricopa Cty., Ariz. Consideration paid for the claims was 100,000 common shares of Lakeshore. The property is subject to a 10% net pr…
Toronto Stock Exchange Firm U.S. buck and high rates keep traders
Another day of directionless trading took hold of the market as the composite index remained essentially unchanged at 3560.90 pts — up 0.15 pts. Volume was a lacklustre 19.29 million shares. High int…