News


Encouraging results by Orofino, Canuc

Completion of a 20-hole summer drilling program representing 5,733 ft at the Coronation Gulf gold project in the Northwest Territories was recently reported by Orofino Resources (TSE). Seventeen holes…


IOCC GOLD OPTIONS (August 28, 1989)

Options Open Series Volume Last Interest Aug 370 C 183 0.10 Nov 440 C 135 0.50 715 Nov 380 C 134 8.00 2,481 Nov 390 C 127 5.50 2,159 Nov 400 C 63 2.50 …


Historic plaque tuide

History buffs will be interested in a new publication listing the more than 1,000 historical plaques in Ontario. Many of the plaques deal with the province’s rich mining heritage. Examples include a p…


See Eagle River last paragraph

Hemlo Gold this week acquired an additional 486,600 shares of Central Crude at an undisclosed price through a private purchase agreement with an unspecified seller. Shares of Central Crude have traded…


Spot prices at a glance (August 28, 1989)

Week’s Price (US) Change Gold*$366.80–$0.80 Silver*$5.23–$0.01 Platinum*$485.35–$2.65 Nickel**$5.65–$0.34 Lead**$0.32+$0.00 Copper$1.31+$0.05 Zinc$0.88+$0.05 Courtesy of Scotiabank. Information…


Gold funds as of August 22

MPV BGR Central Capital Net value $11.71 $ 5.94 $0.57 Price $10.00 $ 5.75 $0.35 Discount 14.60% 3.2% 38.6% Value $69,723,231 $99,9…



FUTURES PRICES (August 28, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug125.70 125.30 125.15 + 3.30 Sep126.20 124.20 125.35 + 3.85 Dec122.20 120.80 121.85…




Aur suing for $81 million as Louvem mum on law suit

The already frosty relations between Aur Resources (TSE) and Societe Miniere Louvem (TSE) are expected to get a shade cooler following news that Aur has launched a second lawsuit against its Quebec- b…


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