Major company may acquire Uranium Resources
A non-binding letter of intent is setting the stage for an undisclosed major public company to acquire all the outstanding shares of Uranium Resources (TSE). The proposed transaction was announced by …
News
Big plans for Windy Craggy hinge on copper price
The Windy Craggy copper-gold deposit, about 200 km southwest of here in northwestern British Columbia, could contribute more than 1% of world copper production if it is ever put into production, says …
Metal Prices (October 23, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 10 Oct 9 Oct 6 Oct 5 Oct 4 Copper 1835-183…
Managing Canada’s Mines Service is what separates leaders from the
Intimately associated with Saskatchewan’s big and fascinating potash mining industry since 1964, W. H. Eatock knows it like a book. Now general manager of Allan Potash Mines, he joined that 0000,0600 …
Tarzan Gold and Golden Dragon agreement
Tarzan Gold (ASE) and Golden Dragon Resources (VSE) have entered into an agreement with Total Energold (TSE) where Total Energold can earn a 70% interest in 147 claims in Collet Twp., Que., by spendin…
Gold funds as of Oct 17
MVP BGR Central Capital Net value $11.61 $5.84 $0.57 Price $10.50 $5.62 $0.26 1/2 Discount 9.56% –3.7% 53.5% Value $69,138,767.60 $ 98,241,933 N/A…
IOCC GOLD OPTIONS (October 23, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .6913.502,920 Nov 370 C .1675.002,016 Nov 380 C .2022.003,111 Nov 400 C .900.602,501 Feb 370 C .8415.00 250 Feb 380 C .1589.90 640 Feb 390 C .776.00 54…
New LAC investment
Although LAC lost its recent appeal in the Supreme Court of Canada for ownership of the Williams mine, it could more than make up for that loss through its new investment in Bond International, and th…
Aur, Louvem dispute makes operator status unclear at Louvicourt
Aur Resources (TSE) President Jim Gill recently attempted to downplay the effects that a legal dispute with partner Societe Miniere Louvem (TSE) could have on future development of their massive sulph…
Mining issues suffer during market debacle
The typhoon lashing the financial markets is making sure the metals sector is not ignored. Although metals prices have remained essentially unchanged following the Friday the 13th debacle in New York …
Airborne surveys in northern Ontario
Airborne geophysical surveys, which provide a cost-effective method of covering large, inaccessible areas, have started in northern Ontario. The Shining Tree, Batchawana, North Swazye/Montcalm Twp., S…
Vancouver Stock Exchange Confidence restored after mini crash
The Vancouver Stock Exchange rebounded swiftly after the October, 1989, mini market crash that began ominously enough on Friday 13th as a broker’s worst recurring nightmare. But after sweating out the…