Private investor buys Royal Gold shares
A private investor, Robert Guy, has purchased 1.84 million shares of Royal Gold Enterprises. Guy bought the shares from 534910 Ontario, a company that he and his wife control. Together, Margaret and R…
1990
Mazarin negotiates graphite sales
An agreement covering the sales and distribution of graphite in central Europe has been announced by Societe d’Exploration Miniere Mazarin (ME). The junior is developing a flake graphite property near…
IOCC GOLD OPTIONS (June 18, 1990)
Options Open Series Volume Last Interest Aug. 360 C 201 10.50 152 Aug. 370 C 154 6.00 369 Aug. 380 C 128 3.40 864 Aug. 400 C 250 1.00 1,838 Nov. 370 C 102 12.00 163 Nov. 380 C 127 8.00 311 Nov. 400 C …
People FAIRBANKS GOLD (June 18, 1990)
Dr. I. M. Gray appointed president and chief operating officer; Eric Friedland, formerly president, assumed the positions of chairman and chief executive officer.
High prices, poor Aur results puts spotlight on other bets (June 18, 1990)
For much of last year, the Aur Resources, (TSE) Societe Miniere Louvem (TSE) copper-zinc-rich massive sulphide discovery east of Val d’Or, Que., was the most talked about base metal play in Canada. Wh…
Australia`s mining industry urged to defend its role
By now a fair number of mining people have thumbed through the federal government’s booklet The Green Plan: A Framework for Discussion. Those whose literary appetite has been jaded by that document’s …
Anglesey completes feasibility study
By the third quarter of this year, Anglesey Mining (London Exchange) expects to have in hand a completed feasibility study for its 100% owned Parys Mountain polymetallic project in North Wales. .TAngl…
Metal Prices FREE MARKET (June 18, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 12 June 11 June 8 June 7 June 6 Copper 1508-1510 1526-1528 1550-1552 1543-1545 …
Drilling planned for Gossan project
An exploratory drill program is being planned by Vector Industries International (VSE) for its Gossan property in the “Golden Triangle” region, north of Stewart, B.C. The funds for the work program wi…
PDAC urges fair taxation for exploration financing
The federal government must stop discouraging investment in the mining exploration industry, says the Prospectors and Developers Association of Canada (PDAC). The Toronto-based mining association is u…
BP, Lysander in joint venture
A final and formal joint venture agreement was recently signed by BP Resources (TSE) and Lysander Gold (VSE) for ongoing exploration of the Cat Mountain project, north of Prince George, B.C. Cat Mount…
Hendrick determined to change mining’s bad image
Improving mining’s public image will be the challenge Keith Hendrick faces as he steps in as chairman of the Mining Association of Canada this month. “Mining is the foundation of the Canadian economy….