News

Oneida US Page Sept 19

Placer Dome (TSE) has elected to exercise its option to buy 600,000 shares ofOneida Resources (VSE) at $2.25 per share. Placer had previously purc hased 400,0 00 Oneida shares from treasury at $1.75 p…


Brookbank exploration on track despite suit

Although an on-going legal dispute still overshadows the Brookbank gold property owned by Metalore Resources (TSE) near Beardmore, Ont., a majo r exploration p rogram is quietly under way by Placer Do…


Placer Dome options Fairfield gold discovery

A drill program will begin next month on the Elk property where Fairfield Minerals (VSE) recently made a high grade gold discovery. Easily accessible by road, the Elk property is mid-way between Peach…


September 19, 1989

Shed no tears for Bill James. The former president and chairman of the board at Falconbridge may be among the unemployed now that Noranda and Trelleborg hav e successfully bid for ownership of the n…


Tundra in Kirkland

Tundra Gold Mines (VSE) is conducting exploration programs on its Kirkland Lake area properties in Ontario. On the Shamrock property, two miles no rth of the K irkland Lake main break, an important go…


GOLDFUNDS (September 25, 1989)

Gold funds as of Sept 19 MVP BGR Central Capital Net value $11.53 $ 5.86 $0.56 Price $10.125 $ 5.75 $0.30 Discount 12.19% — .9…


PRODUCER PRICES Metal Prices (September 25, 1989)

ALUMINUM: MW U.S. Market US78.25 cents – 80.25 cents per lb. (Sept 14, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.75-$4.85(US) per lb. …


NovaGold stakes claims

NovaGold Resources (TSE) has staked 16 claims near Benjamin River and optioned 12 claims near Nash Creek. Both properties are about 60 km northwest of Bathurs t, N.B. On the Benjamin River property,…



Fairbanks drill results impress

Drilling by Fairbanks Gold (VSE) on its 51%- owned Fort Knox property near Fairbanks, Ala., is continuing to return impressive resul ts. The latest are from hole 89-069 which was drilled at a 60 degre…


Montreal Exchange: Seniors most active

Quiet trading marked the week’s activity, with investors who are watching the Louvicourt Twp. copper-zinc massive sulphide discovery caught between drill-hole announcements. At the top of the volume l…


letter to the editor

The article you had on the front page of The Northern Miner of Aug 21 concerning Global Platinum and Gold (Arizona mineral sands — big claim s, little verific ation) does not do justice to the shareh…


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