Beaufield drilling (August 21, 1989)
Falconbridge Ltd. (TSE) and Beaufield Resources (TSE) have started another drill program on their East Rouleau gold project near Lac Berry, Que. The drill program will test targets identified by groun…
News
FUTURES PRICES (August 21, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug121.85 121.85 121.85 + 11.15 Sep122.50 118.80 121.50 + 11.40 Dec119.60 116.30 11…
Gold funds as of August 15
MPV BGR Central Capital Net value$11.78 $ 5.89 $0.57 Price$10.375 $ 5.88 $0.36 Discount 11.93% .3% 36.8% Value$70,145,045.73 $99,142,913 N/A…
Jack McOuat honored
Dr Jack McOuat of Watts, Griffis and McOuat Ltd. has been named an officer of the Order of the Sons of Martha by the Association of Professional Engineers of Ontario. The honor is in recognition of Mc…
Spot prices at a glance (August 21, 1989)
Week’s Price (US) Change Gold*$367.60+$ 2.45 Silver*$ 5.24+$ 0.08 Platinum*$488.00+$ 4.00 Nickel**$ 5.99+$ 0.24 Lead**$ 0.32+$ 0.00 Copper$ 1.26+$ 0.09 Zinc$ 0.83+$ 0.06 Courtesy of Scotiabank. …
IOCC GOLD OPTIONS (August 21, 1989)
Options Open SeriesVolumeLastInterest Aug 360 C 278 6.00 178 Nov 360 C 11417.002,097 Nov 370 C 8111.001,255 Nov 380 C 778 8.002,388 Nov 390 C 149 5.002,155 Nov 400 C 218 2.502,228 Nov 440 C …
Skyline working hard Johnny Mountain turnaround
On a plateau atop this glacier- capped mountain in the Iskut River gold camp, Skyline Gold Corp. (TSE) is waging a multi-front campaign to turn its Johnny Mountain gold mine into a profitable operatio…
Arizona mineral sands – big claims, little verification
What’s the world’s richest mineral deposit? Carlin, Hemlo or even the fabulous South African gold and platinum mines? How about the 24 million oz of gold in Misima near Papua New Guinea? According to …
Market down on latest Louvicourt drill results (August 21, 1989)
Toronto mining analysts were at a loss this week to explain initial market reaction to the latest results from the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide discovery east of …
Forecasting trends for lead and copper markets
The Institution of Mining and Metallurgy organized a conference, Metals 2000, in London earlier this year dealing with trends in major metals over the next decade. The following looks at the discussio…
First gold poured at Bond’s Bullfrog
610-o gol ba i th firs t hav bee poure a Bon Internatio nal Gold’s (TSE) new Bullfrog mine near Beatty, Nev. Construction of the $112-million(US) Bullfrog mine and mill complex began last August and r…
Editorial Hemlo case sets a high standard
There seems to be a general feeling in the mining industry that business dealings will require even more legal experts in the wake of the LAC-Corona lawsuit, as if more lawyers somehow ensures that co…