Spot prices at a glance Week’s Price (US) Change
Gold*$366.05–$ 3.25 Silver*$ 5.23–$ 0.06 Platinum*$491.70+$ 1.70 Nickel**$ 4.89–$ 0.10 Lead**$ 0.34+$ 0.00 Copper$ 1.30+$ 0.04 Zinc$ 0.76+$ 0.01 Courtesy of Scotiabank. Information above believe…
News
IOCC GOLD OPTIONS (October 09, 1989)
Options Open SeriesVolumeLastInterest Nov 370 C 69 8.001,998 Nov 380 C 76 3.203,129 Nov 400 C 150 1.002,528 Nov 420 C 129 0.60 650 Feb 380 C 5711.50 496 Feb 390 C 61 6.00 437 May 390 C 219…
Cameco, Uranerz report diamonds in kimberlite find
Cameco and Uranerz Exploration and Mining have made a kimberlite discovery on their Fort a la Corne diamond property 60 km east of Prince Albert, Sask. The joint venture drilled a series of geophysica…
Aur, Louvem stocks perk up as analysts flash buy signals
Investor interest in Aur Resources (TSE) and its copper-zinc massive sulphide discovery in Louivcourt Twp., Que, has perked up again following a series of analysts reports saying the stock is underval…
Letters to the Editor Anchor’s placer potential overlooked
Having renewed my subscription for a second year, I want to tell you how invaluable your publication is to U.S. investors that invest in the mining industry in Canada. I have tried other publications,…
MISA regulations become law for Ontario mines
Ontario’s 67 metal and salt mines which discharge wastewater into lakes and rivers must commence monitoring their wastewater for more than 200 contaminants on Feb 1, 1990. The new monitoring regulatio…
Cusac has results from Cassiar bet
A diamond drilling and trenching program on the Cassiar gold property owned by partners Cusac Industries (TSE) and Total Energold (TSE) has returned some encouraging gold values in a new surface vein….
Potash Corp plans bond offering to raise $100-million
A $100-million bond offering is being planned by the Potash Corporation of Saskatchewan, a provincial Crown corporation and the largest potash producer in the world. The offering, limited to residents…
Continental acquiring diamond property
Several gem quality diamonds have been discovered at the American Diamond Mine property in Arkansas, Continental Precious Minerals (ME) reports. Largest of the diamonds uncovered is 0.7 of a carat. Th…
Hillsborough options copper deposit
Hillsborough Resources (TSE) has signed a letter of intent giving it the right to earn a 50% interest in the Corner Bay copper deposit near Chibougamau, Que. Owned by Corner Bay Explorations, a privat…
Big holes for Newmont almost commonplace
Drilling high grade is becoming commonplace near Carlin, Nev. Newmont Gold (NYSE), the largest operator in the area, has come up with another hot hole of 167 ft grading 1.12 oz gold per ton in the Dee…
Eskay’s base metal potential growing says Stikine director
The Eskay Creek project in northwestern British Columbia may turn out to have base metal potential as well as being a major gold deposit, a director of Stikine Resources (VSE) said in Toronto. “It’s s…