News


Northfield ups stake in Rockford Minerals

Toronto-based Northfield Minerals (ASE) recently moved to tie up control of affiliate Rockford Minerals (TSE). Under a private agreement with Northfield Capital (COATS) and the Equity Group of Toronto…


Bulk sampling increases Eagle River reserves]]

Initial results from bulk sampling completed on the Eagle River property by Hemlo Gold Mines suggest that gold values are higher than that estimated by drilling. Central Crude Ltd. (TSE) holds a 40% i…


Profitable trading at yesterday’s price

Buy metals at yesterday’s price whenever you please. It’s like printing money. Ridiculous, you may say. Well, I did just that for several years. This is how it happened — a continuous, quiet routine …


Simkar sampling

Encouraging results have been obtained by Ronrico Explorations (VSE) from the company’s Simkar gold property near Val d’Or, Que. Sampling of a 6,600-ton surface stockpile has yielded a high degree of …


Cons. Professor moves cautiously at Duport

The first in a series of environmental permit applications for the Duport gold project has been submitted by Consolidated Professor Mines (TSE) to Ontario’s environment ministry. Professor’s Duport go…


News in Brief (May 22, 1989)

Franco-Nevada Mining (TSE) recorded year-end (for the fiscal year ending March 31) net earnings of $1.5 million (13 cents per share), compared with $129,600 (1 cents per share) for the previous fisc…


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…


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 …


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