Cameco, Trimin expand Hanson zone
Drilling by Cameco and Trimin Resources (TSE) on their Hanson Lake zinc-copper property in Saskatchewan continues to intersect mineralization. Two holes in the current 20,000-ft drill program were dri…
News
Metal Snips (October 30, 1989)
A survey by the Gold Institute of Washington, D.C., involving companies responsible for 60% of U.S. gold output, indicates that between 1982 and 1988, these companies invested $614 million(US) in thei…
Coronado to explore Arizona property
Control of Stan West Mining’s (TSE) Iron King property in Yavapai Cty., Ariz., is to be acquired by Coronado Resources (VSE), following the signing of a recent option agreement. Coronado has agreed to…
Greenstone, Dragoon define targets on Eskay Creek claims
Joint venture partners Greenstone Resources (TSE) and Dragoon Resources (VSE) have outlined geophysical targets for follow-up drilling on their claims in the Eskay Creek area of British Columbia. Earl…
Cons. West Dome is now defunct
I was referred to your research department in order to trace an old 1922 stock certificate for 100 shares of a company called Consolidated West Dome Mines. I hope you can be of some assistance in this…
Vancouver Stock Market Prime problems stir market
Another stir hit the Vancouver Stock Exchange this week when Canarim Investment said it wouldn’t take down one million units of Prime Resources that had been withdrawn by an investor after the closing…
Toronto Stock Exchange Metalsl index plummets as commodity prices
Investors determined to stay in the market were taken on a roller- coaster ride for yet another week following the Friday the 13th mini- crash. The markets were hit by another round of after-shocks, t…
Gateford, Corona set up new company for chromium search
Toronto-based Gateford Resources (ASE) is helping to set up a new private company called Canchrome Mines which will explore for chromite ore deposits in Canada. Other major shareholders of Canchrome i…
Newmont chairman’s formula for success: Explore like hell’
“We explore like hell.” That has become the unofficial motto of Newmont Gold’s (NYSE) exploration team in Nevada, said Gordon Parker, chairman of Newmont, at a Goldman, Sachs mining conference in New …
TSE Short Positions (October 30, 1989)
Semi-monthly report as of Oct 15 showed 36,316,842 shares of 630 issues, compared with 34,166,082 shares of 611 issues on Sept 30. Larger individual positions included: Agnico-Eagle 67,510 up 19,900; …
More cost overruns at Golden Bear
Despite additional cost overruns, construction of the Golden Bear gold mine near Telegraph Creek in northwestern British Columbia is on schedule. Project operator North American Metals (TSE) expects m…
Metal Prices PRODUCER PRICES (October 30, 1989)
ALUMINUM: MW U.S. Market US80.50 cents – 82.00 cents per lb. (Oct 19, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…