IOCC GOLD OPTIONS (September 11, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .48011.002,298 Nov 390 C .1353.002,279 Nov 400 C .2731.502,296 Nov 420 C .2650.50 703 Nov 440 C * 69 0.60 861 Feb 370 C * 7314.00 81 Feb 380 C * 5810…
Articles by Northern Miner Staff
International meet on biohydromet
An international symposium on biohydrometallurgy, jointly sponsored by the United States Department of Energy and canmet, was staged recently in J ackson Hole, Wy. Some 278 registrants participated fr…
Lencourt seeks financing for African acquisition
Since signing an option agreement to acquire a mining company in Zaire, Africa , Lencourt Ltd (TSE) has been working to complete a due diligence examination of the company’s assets and to arrange the …
Cross Lake, Teck in joint venture
Cross Lake Minerals (VSE) and Golden Dragon Resources (VSE) have signed a joint venture agreement with Teck Corp. (TSE) involving the junior comp anies’ Wilhel mina nickel property near Timmins, Ont. …
Ministers can’t guarantee MDAs
The future of Mineral Development Agreements (MDAs) is far from assured following the 46th annual Mines Ministers conference held here recently. Federal Mines Minister Jake Epp, who co-chaired the con…
INSIDER TRADES (September 11, 1989)
Black Cliff — M. Au sold 189,000 (Aug., private) @ 20 cents to hold 87,500. Brewbac — N. Brewster sold 23,621 (July) @ 10 cents to hold 38,592. Cane — Jonpol bought 40,000 (July) @ 9 cents -10…
Louvem seeking $83 million in damages from partner Aur
Just as they were preparing to go home for the recent Labor Day long weekend, employees at Aur Resources’ (TSE) Val d’Or, Que. exploration office found themse lves facing a law suit from Societe Minie…
People (September 11, 1989)
HALLEY RESOURCES — Roy R. Brown appointed chairman of the board; John F. McIntyre appointed president. ATLAS CORP. — Raymond S. Troubh elected to the board of directors. SOUTHLANDS MINING CORP. — D…
Orex considering production start-up near access ramp
Production start-up at the Goldboro gold property in Nova Scotia should focus on a small area of the property near the access ramp, Exploration Orex (ME) reports. The area recommended for mining is 45…
Chevron, Goldquest drilling at Red Lake
Officials at Toronto-based Goldquest Exploration (TSE) don’t know what was behind the recent movements in the company’s share price. Goldquest shares nearly doubled to 33 cents recently in active tra…
New Ontario mining law a priority
Hugh O’Neil, Ontario’s new Mines Minister, hasn’t wasted any time acquainting himself with the issues affecting mining in Canada’s leading mineral producing province. In fact, the new Mines Minister h…
FUTURES PRICES (September 04, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep132.50 127.50 128.00 + 2.65 Oct– — 126.60 Dec128.25 123.50 123.75 + 1.90 SILVE…