Placer increases Omai gold reserves
Work by Placer Dome (TSE) has increased reserves at the Omai gold project by 30%, joint venture partner Golden Star Resources (TSE) says. Situated in Guyana, South America, the Omai deposit hosts rese…
Articles by Northern Miner Staff
Barrack funds Cinola to production
Stalled by financial problems of the City group of companies and by threats of environmental opposition, the Cinola gold project in the Queen Charlotte Islands of British Columbia is about to resurfac…
IOCC GOLD OPTIONS (October 16, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .120 9.002,920 Nov 370 C * 29 4.502,001 Nov 380 C * 73 1.203,103 Nov 400 C .252 0.502,528 Feb 380 C * 60 8.00 546 Feb 390 C * 93 5.25 490 Feb 400 C *…
Toronto Stock Exchange Indices (October 16, 1989)
1989 Oct 10Oct 9Oct 6Oct 5Oct 4HIGH LOW Composite “300”4025.35Holiday4037.834023.054019.744037.833353.13 Metals & Minerals3727.94Holiday3748.873781.603774.763919.203207.50 Integrated mines3898.51…
Teck builder Norman Keevil dies at age 78
With the passing of Dr Norman Bell Keevil, O.C., on Oct 9, 1989, the Canadian mining industry and business community lost a distinguished and dynamic leader. Best known for building Teck Corp. into o…
United Gunn shares profits from copper mining projects
A 30% interest in the Cuisson Lake Mines copper project in British Columbia has paid off nicely for United Gunn Resources (VSE) which has been chalking up healthy dividend payments over the past few y…
Mt. Milligan focus of lawsuit betweeen PB and Continental
The Mt. Milligan bulk tonnage gold-copper project near Fort St. James, B.C., has become the focus of a legal dispute between joint venture partners, Continental Gold (VSE) and BP Resources Canada. BP …
People (October 16, 1989)
SIEMONT RESOURCES–Charles P. Neild appointed president.
Ned Goodman at CIM
Ned Goodman, the chairman and founder of Corona Corp., one of Canada’s largest gold producers, will be the guest speaker at the Canadian Institute of Metallurgy — Toronto Branch luncheon on Oct 19. S…
American Reserve raises fuinds for Paymaster work
Vancouver-based American Reserve Mining (VSE) has entered into a financing agreement with CMP 1989 II Resource Partnership for the sale of flow-through shares worth $1.4 million. The share purchase pr…
Perrex flow-through
Calgary-based Perrex Resources recently entered into an agreement with NIM Resource — 1989 and Co. Ltd. in which Nim is subscribing for $500,000 common shares of Perrex. Proceeds of the subscription …
Metal Prices FUTURES PRICES (October 09, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct130.00 129.40 129.55 + 6.65 Nov– — 127.45 + 6.05 Dec126.95 125.30 125.95 + …