1990


NEWS IN BRIEF Goldbrae Developments Ltd.

Goldbrae Developments Ltd. (GOB:VSE) has changed its name to New Goldbrae Developments Ltd (NGG:VSE) and consolidated on a 1-new-for-5-old basis. Montreal Trust is the transfer agent.


Toronto Stock Exchange Indices (July 09, 1990)

July 3 July 2 June 29 June 28 June 27 HIGH LOW Composite “300” 3559.90 Holiday 3543.93 3529.92 3519.28 4009.47 3334.1 Metals & Minerals 3262.24 Holiday 3208.54 3185.97 3164.61 3453.06 2850.84 Integrat…



Pioneer’s future put in question

A recent decision by the British Columbia Supreme Court has placed Pioneer Metals (TSE) a step closer to bankruptcy. The ruling held that Pioneer was in breach of a covenant on its Nov. 10, 1988, loan…


Cominco plans Snip startup Prime holds 40% interest

The go-ahead to develop the Snip gold deposit north of Stewart, B.C., has been given by operator and 60% owner Cominco (TSE). The balance of the project is owned by Prime Resources Group (VSE). Approv…


More resignations at Cheni

Just months after Paul Girard resigned as president, Cheni Gold Mines (TSE) has announced the resignation of Malcolm Taschereau, chairman of the company’s board of directors and executive committee. E…




Corona, Jodamada buy Dundee shares

A family holding company controlled by Dundee Capital Chairman Ned Goodman has acquired more than one million shares and more than a half-million warrants in Dundee, an investment management company k…


On Site At Casa Beradi

In late April, the snow was off the ground at the Casa Berardi mine in northwestern Quebec. Temperatures hovered at a tolerable 12/7ch/C, and black flies and mosquitoes had yet to emerge from the vast…


Suppliers’ Notes (July 06, 1990)

Berlet Electronics of Mississauga, Ont. has appointed Thomson Technology of Sudbury as the northern Ontario representative for Telemotive radio remote controls. As the largest manufacturer of industri…


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