CALENDAR (April 02, 1990)
May 6-10, Ottawa, Ont. 92nd Annual General Meeting of the Canadian Institute of Mining & Metallurgy. At the Westin Hotel and the Ottawa Congress Centre. Theme: Resources in Transition — Toward 2001. …
News
Norgold to test Arizona gold belt
A drill program by Norgold Resources (VSE) is about to begin on the 100% owned General Grant gold project, some 70 miles northwest of Phoenix, Ariz. Situated in a known mineral belt, the 2,600-acre pr…
News in Brief (April 02, 1990)
Candela Resources (CDD:VSE) has changed its transfer agent to Central Guaranty Trust Co.
Spot prices at a glance (April 02, 1990)
Week’s Price (US) Change Gold* $373.30 — $16.6 Silver* $5.00 — $0.05 Platinum* $474.20 — $12.55 Nickel** $4.27 + $0.39 Lead** $0.42 — $0.07 Copper- $1.15 + 0.05 Zinc $0.75 + $0.05 Courtesy of Scot…
PRODUCER PRICES (April 02, 1990)
ALUMINUM: MW U.S. Market US68.50- 70.50 cents per lb. (Mar. 8, 1990). ANTIMONY: New York dealer US84-86 cents per lb. (Feb. 15, 1990). BISMUTH: New York dealer US$4.30-4.40 per lb. (Feb. 8, 1990). CAD…
Montreal Exchange Fontana strike
The partners in the Fontana gold project northwest of Val d’Or, Que., announced another encouraging drill intersection: 125 ft. of (uncut) 0.51 oz. gold per ton. The strike, they say, was along a wedg…
Aur to complete 20,000 ft program at Louvicourt bet
A new $3-million surface exploration program is under way after a short delay at the massive sulphide discovery, east of Val d’Or, Que., of Aur Resources (TSE) and Societe Miniere Louvem (TSE). “Our o…
Sphinx project
A small heap leach project near Amos, Que., is set to resume operation in early May after a winter break, Sphinx Mining (ME) reports. Last autumn the company extracted a 40,000-ton bulk sample from on…
Gold funds as of Mar. 27
MVP BGR Central Capital Net value $12.09% %$6.06% $0.40% Price $10.75% %$6.62% $0.29% Discount 11.08% %9.3%5 27.5% Value $71,973,764 $102,052,117 N/A…
Garbage in — Garbage out
Consider the opportunity to invest in one of two mine development projects. Both are gold mines in northern Ontario, both have the same grade, the same reserves and the same operating conditions. The …
Alaska placer mines yield 297,900 oz., best year since ’42
Placer and lode mines in the state of Alaska collectively turned out 297,900 oz. gold in 1989, the highest amount produced since 1942. The precious yellow metal was also the most valuable mineral comm…
Carolin Mines changes name, revives Ladner Creek project
After a long and checkered history as Carolin Mines (NASDAQ), the U.S. company has recently changed its name to Anglo Swiss Mining (NASDAQ), and is starting anew at the Ladner Creek Gold Mine project …