News

IOCC GOLD OPTIONS (December 11, 1989)

Options Open Series Volume Last Interest Feb 380 C 153 34.00 1,109 Feb 390 C 253 23.80 1,291 Feb 400 C 674 20.00 2,569 Feb 410 C 424 13.50 906 Feb 420 …


Gold funds as of Dec 5

MVP BGR Central Capital Net value $12.30 $6.38 $0.52 Price $11.25 $6.50 $0.38 Discount 8.54% 1.9% 27% Value $72,897,506 $10…



Correction (December 11, 1989)

A tailings treatment project of Giant Yellowknife Mines (TSE) identified (N.M., Dec 4/89) as being in Timmins, Ont., and operating at a breakeven level during the first nine months of 1989 was incorre…


Cold slows Giant’s tailings project

The Yellowknife, N.W.T., tailings treatment project of Giant Yellowknife Mines (TSE) “operated at breakeven” in 1989, its second year of production, the company reports. Incorrect reference was made (…



Metal Prices PRODUCER PRICES (December 11, 1989)

ALUMINUM: MW U.S. Market US75.50 cents – 77.00 cents per lb. (Nov 21, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.55-$4.65(US) per lb. (No…


Granges in Newfoundland

Granges Inc. (TSE) has been granted an option from TerraGold Resources to explore TerraGold’s Little Bay property in Newfoundland. Granges must spend $66,000 on exploration by June 30, 1990. In order …



Roxmark feasibility

A feasibility study, which is expected to begin shortly, will review the viability of a tailings recovery project owned by Roxmark Mines (TSE) near Geraldton, Ont. Tailings controlled by Roxmark total…


Survey of geologists supports registration

A survey of more than 3,000 geologists and other earth sciences professionals in Ontario has produced an overwhelming response in favor of professional registration, the Committee for the Professional…


Newmont quarterly results affected by Peabody plan

Denver-based Newmont Mining (NYSE) reported third quarter net income of $25.8 million(US) or 38 cents a share, compared with a previously restated loss of $52.7 million or 78 cents per share in the …


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