INSIDER TRADES (May 01, 1989)
Acadia — W. Beach bought 73,500 (Apr., private @ 62 cents to hold 88,162. Canacord — M. Pezim bought 149,500 (Mar., private) @ 29 cents to hold 149,500. Prime Capital bought 492,500 @ $1.36 to hold…
News
Managing TIMELY ADVICE
It has often been said, live for today, not tomorrow. Or that we think of the past with regret and the future with fear. Or never look back — you’ll die of remorse. In other words, when we look back …
Zinc prices boost Pine Point earnings (May 01, 1989)
Record zinc prices combined with record production from the Polaris mine in the Northwest Territories, led to record earnings for Pine Point Mines (TSE) in 1988. The company earned $62 million or $13….
Ridgeway revives Galactic
Success was about as elusive as the gold in its first mining venture, but Galactic Resources (TSE) is reporting an exceptional start for its recently- opened Ridgeway gold mine in South Carolina. The …
World Gold Conference at Lugano, Switzerland
This year’s World Gold Conference will be held in Lugano, Switzerland on June 26-27. The conference attracts investors, miners and dealers from around the world regardless of the state of the gold mar…
Three Kenora gold projects hinge on financing plans
After spending nearly a decade proving reserves on two gold deposits near Kenora, Ont., Nuinsco Resources (TSE) and Consolidated Professor Mines (TSE) face a difficult road to production financing. Th…
IOCC GOLD OPTIONS (May 01, 1989)
Options Open Series Volume Last Interest May 390 C 105 4.20 1,603 May 400 C 450 1.50 3,833 May 420 C 70 0.30 2,793 Aug 390 C 6…
Earnings Reports (May 01, 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 worth 11 cents …
What’s New Rust Control
A synthetic latex, glycol ether-and- water mixture is being marketed by Great Northern Research of Minneapolis, Min., as a one-step rust- neutralizer and metal-primer. Called Rust x, the new product f…
Victoria Graphite completes drilling
A drill program completed by Victoria Graphite (TSE) has returned encouraging results from the company’s graphite property near Portland, Ont. All 15 holes intersected the mineralized zone. Some of th…
Inco Gold gets approval
Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) has received regulatory approval for a private placement in the shares of Valentine Gold Corp. (VSE). Valentine plans to issue up to 5.5 million …
Innovations PROGRESS IN VENTILATION
Mining companies are starting Mto consider the economic Mbenefits of controlling the recirculation of mine air to recover heat from it and from such heat-generators as air-compressors and mine water. …