News

RFC raises $5 million for Orielle feasibility study

A $5-million financing has been completed by RFC Resource Finance Corp. (TSE). The cash was raised from the sale of 2.6 million special warrants by Bunting Warburg. Each special warrant was sold at $2…


FMC to explore Getchell’s Rock Creek property

An exploration agreement has been signed between Vancouver- based Getchell Resources (VSE) and FMC Gold (NYSE) in order to continue exploration and development work on the company’s Rock Creek propert…


Major company may acquire Uranium Resources

A non-binding letter of intent is setting the stage for an undisclosed major public company to acquire all the outstanding shares of Uranium Resources (TSE). The proposed transaction was announced by …


Big plans for Windy Craggy hinge on copper price

The Windy Craggy copper-gold deposit, about 200 km southwest of here in northwestern British Columbia, could contribute more than 1% of world copper production if it is ever put into production, says …


Metal Prices (October 23, 1989)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 10 Oct 9 Oct 6 Oct 5 Oct 4 Copper 1835-183…



Tarzan Gold and Golden Dragon agreement

Tarzan Gold (ASE) and Golden Dragon Resources (VSE) have entered into an agreement with Total Energold (TSE) where Total Energold can earn a 70% interest in 147 claims in Collet Twp., Que., by spendin…


Gold funds as of Oct 17

MVP BGR Central Capital Net value $11.61 $5.84 $0.57 Price $10.50 $5.62 $0.26 1/2 Discount 9.56% –3.7% 53.5% Value $69,138,767.60 $ 98,241,933 N/A…


IOCC GOLD OPTIONS (October 23, 1989)

Options Open SeriesVolumeLastInterest Nov 360 C .6913.502,920 Nov 370 C .1675.002,016 Nov 380 C .2022.003,111 Nov 400 C .900.602,501 Feb 370 C .8415.00 250 Feb 380 C .1589.90 640 Feb 390 C .776.00 54…


New LAC investment

Although LAC lost its recent appeal in the Supreme Court of Canada for ownership of the Williams mine, it could more than make up for that loss through its new investment in Bond International, and th…



Mining issues suffer during market debacle

The typhoon lashing the financial markets is making sure the metals sector is not ignored. Although metals prices have remained essentially unchanged following the Friday the 13th debacle in New York …


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