LAC drops option on Silverside bet
An option to acquire a 50% interest in the Garrison Twp. gold property of Silverside Resources (TSE) in northeastern Ontario has been dropped by LAC Minerals (TSE). Silverside President Babu Gajaria s…
News
Letter to the editor Health tips given to geologists
Canadian geologists are called upon to travel the world for employers. A few years ago you published an article concerning the need to use an air filter when exploring adits and caves in tropical coun…
Vancouver Stock Exchange Prime unaffected by Gulf crisis
The down-draft experienced by the Toronto and New York stock exchanges in the wake of rising tensions in the Persian Gulf did not seem to have much of an effect on the Vancouver Stock Exchange. The Co…
Correction (August 06, 1990)
A recent headline (T.N.M., July 23/90) on the editorial page, relating to an excerpt from a newsletter by M. Murenbeeld & Associates on the price of gold, should have read “Gold’s 12-year low.” Elsewh…
FUTURES PRICES (August 06, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 126.30 124.90 125.30 + 5.30 Sept 125.50 123.60 124.60 + 4.40 Oct 123.00 123.00 122.60 SILVER (in US cents per…
FINANCING (August 06, 1990)
VANCOUVER Lodestar Expl — 800,000 offered @ 50 cents per sh. Adonos Res — 550,000 offered @ 50 cents per sh. Toltec Res — 700,000 sold for gross $280,000. Annabel Gold — 1,100,000 offered @ 75 cen…
Gauthier moves to end Aur-Louvem dispute
To the surprise of almost no one in mining investment circles, St. Genevieve Resources (TSE) has tabled a proposal designed to end the legal deadlock over the base metal discovery of Aur Resources (TS…
Metal Prices FREE MARKET (August 06, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 31 July 30 July 27 July 26 July 25 Copper 1538-1540 1543-1545 1565-1570 1546-15…
IOCC GOLD OPTIONS (August 06, 1990)
Options Open Series Volume Last Interest Aug. 370 C 503 6.80 556 Aug. 390 C 223 1.50 1,117 Nov. 370 C 195 18.00 763 Nov. 380 C 221 12.90 833 Nov. 390 C 368 7.50 659 Nov. 400 C 115 6.00 984 Nov. 420 C …
Brochure draws attention
The front of a brochure that the Prospectors and Developers Association of Canada (PDAC) recently had printed was designed to alert politicians to the danger currently faced by Canada’s mining industr…
U.S. REPORT Bunker Hill earnings improve
Fortunes changed during the first half of 1990 for Bunker Hill Mining (TSE) as earnings rebounded to US$1.36 million versus a loss of US$958,000 in the first six months of 1989. Jack Kendrick, preside…
Euro-Nevada wants royalties in return for Stikine block
Euro-Nevada Mining (TSE) admitted recently that it owns a small block of Stikine Resources (TSE) shares that could play a pivotal role in the struggle between Placer Dome (TSE) and Corona (TSE) for co…