Ontario mining `a driving force’
It is with pleasure and humility that I introduce myself to Ontario’s mining community as the new minister of mines. Every member of this important community, be they prospectors, developers, managers…
News
Battle Mountain ups reserves in Bolivia
Exploration work by Battle Mountain Gold (TSE) on the company’s 51% owned Kori Kollo gold property in Bolivia has substantially increased minable reserves at the project. Kori Kollo is situated southe…
Vancouver Stock Exchange Rhodes active in Arizona, B.C.
Vancouver market players are pulling in their horns, keeping their powder dry, or sitting on the sidelines. These euphemisms roughly translate to being plain scared of putting their money in the marke…
Record production, earnings for Barrick
Record gold production, earnings and revenue were reported by American Barrick Resources (TSE) for the third quarter and first nine months of 1990. Gold output during the quarter totalled 163,366 oz.,…
COATS (Over-the-counter) Whisper starts to shout
Little-known Whisper Lake Resources vaulted into the market this week with plans to drill some favorable anomalies on a gold property south of Chibougamau, Que. Whisper gained 15 cents for the week en…
Glimmer, Noranda pick up ground near Beatty-Hislop
Joint venture partners Glimmer Resources (VSE) and Noranda (TSE) have acquired another 8.5 claims around their Beatty-Hislop gold discovery near Matheson, Ont. The companies recently added the new cla…
U.S. REPORT Crowfoot-Lewis output sets record of 26,200 oz. gold
The Crowfoot-Lewis mine reported record gold production in the 1990 third quarter when the open pit operation turned out 26,200 oz. of gold. This compares to production of 24,000 oz. in the third quar…
Denison sell-off
Toronto-based Denison Mines (TSE) has put nearly 100 pieces of mobile mining equipment up for sale from its Elliot Lake uranium mine, following a downsizing of operations at the site earlier this year…
PEOPLE SLOCAN DEVELOPMENT
George Scott and Robert Barbero appointed directors succeeding Arthur Clemiss and John Ivany who resigned.
GOLDFUNDS (October 22, 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…
FUTURES PRICES (October 22, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 126.20 124.70 125.50 — 3.50 Nov 120.00 119.00 118.85 — 4.50 Dec 114.60 112.10 113.35 — 4.75 SILVER (in US …
Micham consolidation
Shareholders of Micham Exploration (VSE) will be asked to consider a 1-for-3-share consolidation at the company’s annual meeting next month. President David Bell says the share consolidation has been …