NEWS IN BRIEF Can-Ex Resources Ltd.
Can-Ex Resources Ltd.(CXZ: VSE) has changed its name to Kintana Resources Ltd. (KIN: VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Central Guaranty Trust…
1990
BOOKS IN REVIEW Guide to international miners
A guide to the international mining community, Mining 1991 is a useful source for those with a global outlook. This annual lists more than 700 public, state-owned and privately held companies, with ad…
Brinco completes acquisition
With the tender of 97.4% of the outstanding shares of Western Canadian Mining, the company’s major shareholder, Consolidated Brinco (TSE), can proceed with its reorganization plan. Shareholders were o…
METALS PRICES PRODUCER PRICES (January 07, 1990)
ALUMINUM: MW U.S. Market US70.25- 71.75 cents per lb. (Dec. 20, 1990). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). C…
Goldteck served Ministry notice
The Ontario Ministry of the Environment recently served Goldteck Mines (TSE) and two of its officers with a notice of its intention to ask the company to take certain steps relating to the overflow of…
Coral to sell Loco property
An agreement was reached between Coral Gold (TSE) and Avino Mines and Resources (VSE) over the sale to Avino of the company’s 30% interest in the Loco property. Avino will pay Coral $278,000 in cash p…
Asarco provides Missouri grant
A US$150,000 grant over a 5-year period is being provided by Asarco (NYSE) to the University of Missouri-Rolla School of Mines and Metallurgy to establish the Asarco Endowment Fund. The fund will be u…
New technologies to refine gold, pgm
The Department of Mining & Metallurgical Engineering at McGill University will hold a seminar, April 29-May 1. Topic is “refining and recycling of precious metals — a technology update.” The seminar …
Toronto Stock Exchange Indices (January 07, 1990)
Jan. 1 Dec. 31 Dec. 28 Dec. 27 Dec. 26 HIGH LOW Composite “300” Holiday 3256.75 3237.46 3233.69 Holiday 4009.47 3009.91 Metals & Minerals Holiday 2739.73 2727.00 2742.94 Holiday 3453.06 2502.63 Integr…
Vancouver Stock Exchange Star performers of the year
The past year was a cruel one for the Vancouver Stock Exchange as the Composite Index plunged 26% to 527.37 from its year-earlier level of 713.71. The high and low for the period were 802.20 and 505.8…
Drill program to test IP targets at Fireweed
A drill program is planned for early 1991 on the Fireweed property north of Smithers, B.C. Mansfield Minerals (VSE) granted Minnova (TSE) the right to earn a 70% interest in the polymetallic project b…
Elliot Lake to receive $15-million financing
The area surrounding Elliot Lake, Ont., will receive $15 million from the provincial government to help diversify and revitalize its economy after a series of job losses at the community’s uranium min…