Strong holes drilled by Inco and Golden Knight
The first four holes of the latest round of drilling under way at the Golden Pond property in the Casa Berardi area of Quebec, have hit big, project operator Inco Ltd. (60%) and partner Golden Knight …
News
COATS Trading Features (November 24, 1986)
Falling platinum prices pulled the rug from under platinum players B oston Bay Mines and affiliate Belleterre Quebec Mines. Both issues closed down at $3.50-$4 and 65 cents -70 cents respectively. Bos…
Alberta Stock Exchange: Volumes Hurt by Golds
Wednesday close, Nov 19 Sliding gold prices took some of the steam out of the Alberta Stock Exchange this week, as volumes dried up in generally sideways trading. Oracle Resources was forced to put ou…
Price problems slash earnings for Westmin Res.
Even though the company’s mineral and hydrocarbon production was up sharply, price problems for both combined to reduce Westmin Resources’ 9-month earnings to $5,383,000 from earnings of $24,519,00…
Conwest issues shares
Conwest Exploration Co. has agreed to purchase 1,964,814 shares (a 1 2.6% interest) of Mineral Resources International for $7,015,000. Conwest will satisfy the purchase price through the issue of 719,…
Dog and pony show in Europe spurs Seabright to new highs
What has been dubbed by the industry as a “dog and pony” show is probably what led to a round of heightened trading activ ity in the shares of Seabright Resources on the Montreal and Toronto stock exc…
Details hammered out on new Golden Giant company
Absolutely delighted” is the consensus of the four major sharehol ders who have just spent the last week hammering out the details of the new public company being created to own the Golden Giant mine …
Harte Resources Ltd. has received shareholder approval to
issued shares on the basis of one new share for every 2.5 shares held. The company’s name will change to Harte Resources Corp. Hardy International Developments has changed its name to Unisave Ene rgy…
Obituary: Stan McClay
A longtime mining and construction executive, Stan McClay, has died at age 77. A native of Vancouver, Mr McClay began his career in the mid- ’20s at Copper Mountain near Princeton, B.C., and during th…
Tudor Energy Corp. has changed its name to Tudor Corp. on a share- (November 24, 1986)
for-share basis.
Briar gets values
A five-hole drill program completed by Newmont Exploration on proper ty held by Eider Resources and Golden Briar Mines, has intersected encouraging gold values. The claims are located in Estrees Twp.,…
Gold mimics platinum’s fall, but holds above $385 level
Gold prices tumbled more than 12% from an October high of $442(US) p er oz slipping below the psychologically important $400- level for the first time since August, but the afternoon London price fix …