5 Australian Register
Now in its ninth edition, Register of Australian Mining is a handy guide to the country’s mines, their locations and reserves. Once again, gold outshines all other metals, occupying one-third of the b…
News
Lawyers mine meets expectations
The Lawyers gold-silver mine in the Toodoggone district of north-central British Columbia is continuing to meet the expectations of owner/operator, Cheni Gold Mines (TSE). Since the start of commercia…
Corona to lend Prime $20 million
Gold producer Corona Corp. (TSE) has agreed in principle to lend Prime Resources (VSE) $20 million repayable in one year. The loan is subject to drafting of formal documentation and approvals by the b…
OPTIO IOCC GOLD OPTIONS
Options Open Series Volume Last Interest Nov 360 C 208 10.00 2,445 Nov 370 C 97 6.00 1,837 Nov 390 C 134 1.50 2,307 Nov 400 C 333 1.10 2,406 Feb 370 C 188 13.50 217 Feb …
Bond Gold, Native deal enters second year
An agreement between Bond Gold and the Windigo Tribal Council concerning the Golden Patricia mine has entered its second year. As part of the deal the council will receive a $100,000 provincial grant….
Sikaman, partners announce start-up for mine in Ghana
A production decision has been announced for the Bogosu gold project in Ghana, Africa, with the start-up scheduled for the third quarter of 1990. One of the project partners, Sikaman Gold Resources (…
The life of the Cassiar Asbestos mine has been
extended an extra three years, thanks to the discovery of more prelimin ary reserves this summer. “It was 10 years. Now it’s 13,” underground mine superintendent Gerald Verret says of the mine life. “…
News in Brief (September 11, 1989)
Blackdome Mining has merged into MinVen Gold Corp. (MVG: TSE, VSE) each on a share-for- share basis. Blackdome shareholders have received payment of a special dividend of 42.5 cents per share.
Granges boosts gold production in first half
Consolidated gold production for Granges Inc. (TSE) rose to 47,351 oz in the first half of 1989 from 25,687 oz in the comparable pe riod last year. The company reported consolidated gold production of…
METAL PRICES PRODUCER PRICES (September 11, 1989)
ALUMINUM: MW U.S. Market US82.00 cents – 84.00 cents per lb. (Aug 24, 1989). ANTIMONY: New York dealer US90 cents -95 cents per lb. (Aug 10, 1989). BISMUTH: New York dealer $4.70-$4.85(US) per lb. (A…
Mining Corp. closing doors
Citing a lack of opportunities in the mining construction business, Mining Corp. of Canada says it will wind up its business activities by the end of 1989. The wholly-owned subsidiary of Noranda Mine…
McNickle dives
Poor drill results from the Lac St. Jean nickel prospect owned by McNickel Inc. resulted in a sell-off. The issue tumbled to $1.50-$1.75 on active trading today. Results from a series of drill holes, …