News

IOCC GOLD OPTIONS (October 02, 1989)

Options Open SeriesVolumeLastInterest Nov 360 C .48915.002,929 Nov 370 C .2218.001,960 Nov 380 C .3924.503,107 Nov 390 C .1312.502,341 Feb 370 C .4417.00 277 Feb 380 C .15311.00 444 Feb 390 C * 60 5.5…


US gold week

Gold Week celebrated The gold industry in the U.S. will celebrate “America’s Gold Week” Oct 2-8. The Gold Institute of Washington will co-ordinate the week’s activities, including a reception/exhibit…


Profile ENGINEERING CHALLENGES

For a man who left school 23 years ago without knowing quite what he wanted to do with his life, James Wade has come a long way in the mining industry. At the age of 48, he has succeeded in parlaying…


Computers AUTOMATED DRAFTING

Canadian mines are lagging behind their Australian counterparts in the application of software for personal computer-based surveying, geological mapping and mine-planning. But mine operators in this c…


Thermal Sept 20

A partnership between Western Copper Holdings, a wholly owned affiliate of Teck Corp. (TSE) and Thermal Exploration (ASE), has been organized to examine the mine-making potential of the Williams Creek…


Placer Dome to explore Wheaton River

Although still subject to shareholder and regulatory approvals, Placer Dome (TSE) has secured an agreement allowing it to explore and develop a large land package held by Skukum Gold (VSE) in the Whea…


Cross-Cuts IN A GOLDEN RUT

South African gold production has remained stagnant at about 620 tonnes per year since 1985. Taking up the slack has been the rest of the non-communist world, which boosted production to 970 tonnes la…


Vancouver Stock Exchange (October 02, 1989)

Trading activity in Vancouver continues to be dominated by companies in Murray Pezim’s stable. But this week most issues under the Prime group umbrella continued to weaken from the lofty highs achieve…


KIDD CREEK #3

Work has begun on the No. 3 mine at the Kidd Creek deposit in Timmins, Ont. That’s not to say you’ll see a third headframe there next year. But it does mean another shaft will be sunk — an internal s…


Montreal Exchange: Mixed-trading pattern

Mixed trading highlighted a week during which investors mulled over the latest results from the massive- sulphide copper-zinc Louvicourt Twp. project and observed the official opening of a new gold mi…


Deductibility of Exploration Expenses Threatened

The Australian Taxation office has released a draft ruling that would severely limit the tax deductions available to mineral exploration companies. The ruling, which has been circulated to the industr…


Carolin active

The class A shares of Carolin Mines were active this week gaining 2 cents on a volume of 134,000 shares. The company owns the old Landner Creek gold mine near Hope, B.C. and another gold property curr…


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