1990




Homestake tops million ounces

Gold producer Homestake Mining (NYSE) exceeded the million- ounce mark in 1989 for the first time in its 114-year history. The company was also able to lower its cash production costs but it also repo…


Metal Prices (April 23, 1990)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr. 17 Apr. 16 Apr. 13 Apr. 12 Apr. 11 Copper 1643-1648 — HOLIDAY — 1…


Agnico offering

Today’s low gold price hasn’t dampened the enthusiasm of Agnico-Eagle Mines (TSE) to try to raise funds. The gold producer has approved a preliminary prospectus for a proposed offering of units (share…


Heenan Senlac assets sold to Laurasia

Despite objections from at least two shareholders, a resolution concerning the sale of all assets of Heenan Senlac Resources (TSE) was recently passed at a special meeting of shareholders. As part of …


Letters to the Editor (April 23, 1990)

I read with interest your editorial “Focus on Canada’s potential” (March 19/90) and the coverage of the Prospectors and Developers Association of Canada’s Latin American push. With the recent push tow…


LAC, Echo Bay added to main ME index

The Montreal Exchange currently includes six mining and metals firms among the 25 companies that make up its market portfolio or general market index. Newly added are LAC Minerals and Echo Bay Mines. …



St. Genevieve in Scintilore deal

A subsidiary of Montreal-based St. Genevieve Resources (TSE) has signed an option agreement allowing it to earn up to 50% of Scintilore Exploration’s (TSE) P-T gold-base metal property in Quebec’s eas…


Noranda, Major General set reserve figure

Recent drilling results from the Rendell-Jackman gold project in the Springdale area of Newfoundland have allowed equal partners Major General Resources (VSE) and Noranda Exploration (TSE) to establis…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close