New B.C. mining tax laws take effect
New streamlined and updated mining tax laws for British Columbia mines will take effect in January, 1990, Mines Minister Jack Davis recently announced. “This simplifies administration, encourages inve…
News
Mill to start up in May Malartic eyes U.S. potential
The historic Congress gold mine near this small western community is providing an operating base for Malartic Hygrade Gold Mines (VSE) to pursue expansion opportunities into the southwestern U.S. When…
Cassiar restructuring to Princeton complete
The reorganization of Cassiar Mining has been completed with Cassiar now a wholly owned subsidiary of newly listed Princeton Mining (TSE). Cassiar shareholders received one share of Princeton for each…
Spot prices at a glance (January 01, 1990)
Week’s Price (US) Change Gold *$409.45 –$ 3.70 Silver* $ 5.53 –$ 0.05 Platinum* $509.25 –$ 3.75 Nickel** $ 3.82 –$ 0.33 Lead*…
Hottest base metal (January 01, 1990)
It’s being called the hottest base metals discovery since Kidd Creek and the Louvicourt Twp., Que., find of joint partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) brought a sluggish June …
Editorial Entering a new decade
When looking ahead to a new year it is often helpful to look back for a hint at what the future holds. No one knows what developments will take root and grow into the major issues of the months and ye…
Books (January 01, 1990)
The CRC Practical Handbook of Physical Properties of Rocks and Minerals, proposed by leading specialists, has been prepared as a comprehensive source of basic information. The technical data have been…
Metal Prices FUTURES PRICES (January 01, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan108.50 107.90 107.90 + 3.10 Feb108.20 107.85 107.80 + 3.20 Mar108.30 106.70 10…
Piedmont Mining back in red
Black ink turned to red for Piedmont Mining (NASDAQ) in its third quarter ended Sept 30. The company reported a loss of $411,925(US) for the period, pushing 9-month results into a loss of $399,583 or …
Frame ends talks with Giant to buy interest in Pamour
Attempts by Clifford Frame to find a buyer for the Pamour group of companies owned by Giant Resources of Australia have come to nought. The Australian parent says talks with Toronto-based Frame Mining…
Metal Prices (January 01, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 26 Dec 25 Dec 22 Dec 21 Dec 20 Copper …
Greenstone drilling Gold Creek property
A diamond drilling program is scheduled to start this month on the Gold Creek property owned by Greenstone Resources (TSE) and Dragoon Resources (VSE) in British Columbia. The 38,585-acre property is …