GOLD FUNDS (October 29, 1990)
MVP BGR Central Capital Net value $10.01 $5.54 $0.28 Price $ 9.25 $5.125 $0.14 Discount 7.59% 7.5% 50.0% Value $59,611,946 $86,224,538 N/A…
News
People MAJOR GENERAL RESOURCES
Richard Atkinson appointed director and chairman of the board.
Amax boosts quarterly earnings U.S. REPORT
Increased production at mines in the western U.S. has enabled Amax Gold (NYSE) to report improved earnings for its 1990 third quarter ended Sept. 30. The Colorado-based company announced net earnings …
Books in review Surface Water Hydrology
Surface Water Hydrology, edited by M.G. Wolman and H.C. Riggs. Published by The Geological Society of America, 3300 Penrose Place, P.O. Box 9140, Boulder, Colo. 80301. 374 pages. $60 (hardcover). The …
Battle Mountain begins drilling Queenston’s Kirkland claims
Beginning to make its mark on the Canadian exploration scene, Battle Mountain Canada, a unit of Battle Mountain Gold (NYSE), recently started drilling a new gold zone in Ontario’s Kirkland Lake mining…
PRODUCER PRICES (October 29, 1990)
ALUMINUM: MW U.S. Market US81.50- 85.50 cents per lb. (Oct. 18, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…
U.S. REPORT Pegasus gets mixed results at Century
The first eight holes drilled by Pegasus Gold (TSE) on the Century Gold property in Idaho returned mixed results, the most impressive being a 20-ft. intersection grading 1.13 oz. gold per ton. As oper…
Waddy drilling gets good widths, at Saskatchewan gold deposit
Preliminary assays have been reported by Waddy Lake Resources (TSE) from the first 14 holes in a recently completed 29-hole drill program on the company’s Komis gold deposit in northern Saskatchewan. …
FUTURES PRICES (October 29, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 132.20 128.50 132.20 + 6.70 Nov 127.50 124.00 128.15 + 9.30 Dec 122.80 117.60 122.65 + 9.30 SILVER (in US cen…
NovaGold, Costigan hit base metals in virgin territory
Partners NovaGold Resources (TSE) and Costigan Gold (COATS) have made a base metal discovery on their Sewell Brook property, near Plaster Rock, N.B. All four holes on the previously undrilled property…
Columbia cuts good values in Iskut area
A drilling program on the Spectrum property in the northern Iskut area of northwestern British Columbia is returning good grades and widths. The program is part of an earn-in by Columbia Gold Mines wh…
Toronto Stock Exchange Gold steady as crude oil prices head
Trading in gold stocks was brisk during the week ended Oct. 23 as bullion prices remained strong in the wake of falling crude oil prices. By presstime Oct. 24, the yellow metal was fixed at US$371 per…