Spot prices at a glance (October 15, 1990)
Week’s Price (US) Change Gold* $392.20 + $2.35 Silver* $4.63 — $0.06 Platinum* $443.75 — $0.25 Nickel** $4.28 — $0.06 Lead** $0.35 + $0.01 Copper- $1.29 + $0.01 Zinc– $0.61 — $0.03 Courtesy of Sc…
News
Coeur offering
Coeur d’Alene Mines (Amex) hopes to raise about US$52.8 million through a public share offering. The company, which plans to use part of the funds for exploration and development work, is offering two…
RSV to explore B.C. claims
RSV Resource (VSE) expects to raise $250,000 from two recent private placement agreements for exploration of the Spider and Edith claims near Stewart, B.C. The company can earn a 60% interest in the p…
Aurochs option
Aurochs Exploration (ME) has negotiated an agreement with Robopro Inc. which will allow the former to earn a 100% interest in the Dovercliff property, 7 km. east of Rouyn-Noranda, Que. To earn its int…
NO HEADLINE (October 15, 1990)
TEXT: REGIONAL SPECIAL, SECTION B NORTHERN ONTARIO & QUEBEC…
PEOPLE HIGH RIVER GOLD
A. MacGibbon elected chairman succeeding David Yue who resigned as chairman but continues as a director; J. Clucas elected president and treasurer succeeding Barney Magnusson who resigned; G. Oakley e…
Alberta Stock Exchange Golden Pacific up
Koval Resources emerged as the volume leader during a week ended October 9, when significant gains in the prices of many resource issues were hard to come by. Almost one million Koval shares changed h…
Aurizon talking with bondholders
A second-quarter writedown of its Sleeping Giant gold property near Amos, Que., left Aurizon Mines (TSE) in breach of a covenant in the agreement with its Swiss bondholders to maintain a minimum net w…
LETTERS TO THE EDITOR Bias bypasses good managers
A recent employment advertisement in your paper reminded me that old prejudices die hard in the mining industry (or maybe they never die at all). I am referring to an advertisement attempting to recru…
CIM features Holmes during Mining Week
Ontario’s first ever mining week, Oct. 15-19, is demonstrating the industry’s contribution to the economy nationwide and our daily lives. As well, it showcases programs that safeguard workers’ health …
China challenges U.S. wollastonite output
The balance of wollastonite supply is shifting as China increases output and new producers emerge, says a new report from Roskill Information Services. When China’s largest wollastonite deposit, recen…
Citadel finds high grade gold near old Parkhill mine shaft
A surface sampling program on McMurray Twp. claims near Citadel Gold Mines’ (TSE) Surlaga mill east of Wawa, Ont., is turning up some interesting results. The claims are held by Citabar Ltd. Partnersh…