Minnova boosts Laramide interest
Recently becoming a major shareholder of Laramide Resources (VSE) was Minnova Inc. (TSE) The precious and base metal producer bought 2.5 million shares of Laramide in a private placement at 90 per sh…
1988
Stratmin finds second client
A second buyer has been lined up by Stratmin Inc. (ME) for its Quebec graphite concentrates. The company says an agreement in principle has been reached with C. ITOH Ceramics Corp. of Japan whereby th…
Noront involved in big new play
Noront Resources (VSE), recently reactivated with strong financial backing as the exploration arm of Central Crude (VSE), is spreading its wings. Although not yet finalized, the company has reached an…
Tenajon seeks to buy Esso’s interest in SB
Surface diamond drilling on the SB property near Stewart, B.C. intersected a new zone parallel to the Main zone where operator Tenajon Resources (VSE) has been encountering impressive values in both p…
Brenda improves profit (November 14, 1988)
Stronger copper and molybdenum prices were responsible for improved earnings at Brenda Mines (TSE). The Noranda-controlled company, which operates a copper/ molybdenum mine in British Columbia, realiz…
INSIDER TRADES (November 14, 1988)
Bitech — J. Wade bought 25,000 (Oct, private) to hold 1,100,416. First Can Gold — J. Hahn sold 1,000,000 (Sept) to hold 41,413. Flagship — Moss Res sold 300,000 (Sept, private) to hold nil. Franco-…
Australian junior files base metals prospectus
An Australian junior appears to be leading a swing by junior companies back into developing base metals properties. East West Minerals, of New South Wales, trading in Sydney at about $1.60(A), this we…
Newmont declares quarterly dividend
The board of directors of Denver- based Newmont Mining recently declared a regular quarterly dividend of 15 per share of common stock, payable Dec 9 to shareholders of record at the close of business…
Vancouver Stock Exchange Calpine, War Eagle sustain interest
Although trading volumes on the VSE have picked up dramatically in recent weeks due to several new discoveries, public opionion polls suggesting the Liberals might win the next election and scrap the …
Golden Queen feels Soledad could be heap leach mine
Assembling a land position in the United States is sometimes tougher than delineating an orebody, especially when property ownership is fragmented. This was the case with Golden Queen Mining (VSE) whi…
Editorial A threat to sovereignty
The greatest threat to Canadian sovereignty today is not free trade but a growing public debt that is running out of control. In recent years, the economy has been humming along nicely. But beneath th…
COATS trading features (November 14, 1988)
A cease trade order was issued by the OSC this week against Carolin Mines for failure to file financial statements. Carolin closed in the 60 to 70 range when trading was stopped. The company has been…