CALENDAR (January 02, 1990)
Feb 6-9, Vancouver, B.C. Annual Cordilleran Roundup. Sponsored by the B.C. & Yukon Chamber of Mines, B.C. Ministry of Energy, Mines and Petroleum Resources, Geological Survey of Canada, Dept. of India…
News
Correction (January 01, 1990)
Contrary to what was reported (N.M., Dec 25/89), Toronto-based Dundee-Palliser Resources (TSE) is not earning a 50% stake in VSM Exploration’s (ME) Grevet Twp. zinc project in northwestern Ontario. Du…
News in Brief (January 01, 1990)
Pegasus Gold (TSE) has declared a 10 cents (US) dividend on its common shares payable Jan 5 to shareholders of record Dec 22.
Book Review (January 01, 1990)
The proceedings of the 4th international symposium on mining with backfill ,held in Montreal Oct 2-5, 1989, have been compiled into a book, titled Innovations in Mining Backfill Technology. The usage…
Final results from New World property
The last of the assay results were released for the 1989 drilling program on the New World property in Park Cty., Mont. Noranda Inc. is earning a 60% interest in the property from Montana-based Crown …
Hansuld to head Int’l Platinum
The board of directors of International Platinum (TSE) recently appointed John Hansuld, Ph.D., as president of the company. Hansuld was former president of Canamax Resources (TSE) from 1983 to 1989, d…
Toronto Stock Exchange Falling gold pries batter precious metals
Investors found little Christmas cheer in their stockings this week as gold prices decided to test the $400 mark, dipping to $406 on London’s second fix on Dec. 27, today. The sell-off in bullion clip…
FINANCING (January 01, 1990)
Kennedy River Gold — 1,000,000 offered @ 50 cents per sh. Ranger Pacific Minerals — min 600,000 offered @ 40 cents per sh. Strike Egy — 1,000,000 offered @ $1.90 per unit. Exeter Mining — 700,000 …
Gold King eyeing production at Adelaide
Denver- based Gold King Consolidated (NASDAQ) plans to be in production within the first half of 1990 at the recently acquired Adelaide Crown open pit gold mine in Humboldt Cty., Nev. The mining lease…
New mines opening across the country mark completion of successful
Last year a number of new mines saw their first production. Among them was Cheni Gold’s (TSE) Lawyers mine in the Toodoggone area of British Columbia, which came on stream in August. It will have an e…
COATS (over-the counter) Teddy Bear up 10 cents
Volume leader for the holiday week ended Dec 26 was Milestone Resource which closed at 19 cents on volume of 117,000 shares. A couple of months ago, Milestone completed a shallow drill program on the…
IOCC GOLD OPTIONS (January 01, 1990)
Options Open SeriesVolumeLastInterest Feb 370 C 7549.50 484 Feb 400 C 6221.702,408 Feb 410 C 5117.001,449 Feb 420 C 44411.502,669 Feb 430 C 49 7.002,546 Feb 440 C 49 4.50 949 May…