News

Calendar (December 01, 1989)

Jan 21-23, Houston, Tex. World of Concrete ’90. Exhibition is scheduled for the Houston Astrodome. Contact Becky Auten at 1-800-323-3550. Jan 24-26, Golden, Colo. Ore Reserve Estimation & Mine-plannin…


FUTURES PRICES (November 27, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec111.80 110.80 111.80 — 4.40 Jan109.20 108.00 109.30 — 4.90 Feb108.00 108.00 10…



Correction (November 27, 1989)

Contrary to what was reported (N.M., Nov 20/89), Quebec businessman Jacques Forget holds a 6.3% stake in Dumagami Mines (TSE) through his Montreal-based investment firm Invesfor.


IOCC GOLD OPTIONS (November 27, 1989)

Options Open SeriesVolumeLastInterest Feb 370 C * 43840.50 676 Feb 380 C * 67232.801,230 Feb 390 C * 37322.001,396 Feb 400 C .1,39718.002,768 Feb 410 C * 61812.50 274 Feb 420 C .2,099 9.50 850…


Spot prices at a glance (November 27, 1989)

Week’s Price (US) Change Gold*$406.60+$16.10 Silver*$ 5.80+$ 0.43 Platinum*$532.50+$22.10 Nickel**$ 4.35$ 0.19 Lead**$ 0.30$ 0.02 Copper$ 1.12–$ 0.07 Zinc$ 0.63$ 0.03 Courtesy of Scotiabank….


No blasting necessary Photo by The Northern Miner

About 35 prominent mining men came out to Howden Canada’s manufacturing plant in Scarborough, Ont., recently to witness the official unveiling of a tunnel-boring machine, designed specifically for har…


Toronto Stock Exchange Indices (November 27, 1989)

1989 Nov 21Nov 20Nov 17Nov 16Nov 15HIGH LOW Composite “300” 3933.613947.533957.573946.023968.664037.833353.13 Metals & Minerals 3362.203385.633403.613371.453418.023919.203207.50 Integrated mines 3500…


PDAC plans symposium to precede convention

The Prospectors and Developers Association of Canada will hold a symposium on computer treatment of exploration and mining data at Metro Toronto Convention Centre, March 9-10, 1990. Also available at …


Westmin earnings dip

Earnings for Vancouver-based Westmin Resources (TSE) dropped to $1.1 million for the third quarter from $4.1 million the previous year. After preferred dividends are accounted for, the company lost 8 …


Gold funds as of Nov 21

MVP BGR Central Capital Net value $12.14 $6.23 $0.52 Price $11.875 $6.00 $0.30 Discount 2.18% 3.7% d 42.3% Value $72,273,853 $104,818,631 …


Horsham changes vote

Shareholders of Horsham Corp. (TSE), the holding company which controls American Barrick Resources (TSE), have approved an increase in the number of votes attached to multiple voting shares held by ch…


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