Dia Met seeks partners for diamond hunt
Joint venture partners are being sought by Kelowna-based Dia Met Minerals (VSE) to participate in the evaluation of a diamond prospect in Arkansas. The company recently filed a letter of intent with t…
News
Golden Knight, Inco open second mine in Quebec
The second gold mine at the Casa Berardi project owned by Inco Gold and Golden Knight Resources (TSE), is ahead of schedule and under budget. Named Casa Berardi Ouest, the new mine is set to start pro…
Van Ollie reports Wawa assay results
Preliminary assay results have been reported by Van Ollie Explorations (COATS) from recent surface work on the company’s McMurray Twp. gold property near Wawa, Ont. Van Ollie recently completed a prog…
Editorial Welshing on a bet
It seems pretty straightforward. If you buy shares and the price goes up, you make money. If the price goes down, you lose. When the stocks being sold are offered by the company through a prospectus…
Eastmaque gold output passes 10,000 oz in latest quarter
Eastmaque Gold Mines (TSE) has had its best fiscal quarter ever with respect to gold production. During the company’s first quarter, operations in Ontario and Nevada produced a total of 10,604 oz of g…
Montreal Exchange Seniors in favor
A period of volatile trading has overtaken the stock market, moving investors to side with the cautious crowd. That the top trading stocks this past week were mainly “seniors” bears out this observati…
Midrim drilling Montana property
Three drill holes have been completed on the Ringing Rocks property, 18 miles east of Butte, Mont., by joint venture partners Midrim Mining (COATS), and Vital Pacific Resources (VSE). Midrim reports t…
Metal Prices FUTURES PRICES (October 23, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct129.50 129.10 129.30 — 1.85 Nov– — 128.80 — 1.00 Dec129.80 127.10 128.30 + 0…
Correction (October 23, 1989)
Contrary to information printed in a story in The Northern Miner last week, Dumont Nickel (ME) has not entered into a share exchange transaction with Sabina Resources (VSE) and Redaurum Red Lake Mines…
News in Brief (October 23, 1989)
Ontario Geological Survey, regional geological staff, Ontario geoscience research grant recipients and guest speakers will give presentations at the Ontario mines and minerals symposium Dec 11-13 at t…
Toronto Stock Exchange Indices (October 23, 1989)
1989 Oct 17Oct 16Oct 13Oct 12Oct 11HIGH LOW Composite “300” 3904.153927.293870.744012.434008.484037.833353.13 Metals & Minerals 3527.103601.703465.753652.943662.153919.203207.50 Integrated mines 3685….
Mazarin funding
Two government grants totalling $500,000 have been received by Societe d’Exploration Miniere Mazarin (ME), which is developing a graphite property near Fermont, Que., near the Labrador border. The Que…