NEVADA GOLDFIELDS
Alan R. Bell appointed president and a director succeeding both Robert F. Baldock, president, and Dr. Gerald D. Wright, director, who have resigned.
News
Magma makes deal for concentrates
A contract has been entered into by Magma Copper (AMEX) with Compania Minera de Cananea of Mexico City, Mex., for the purchase of about 154,000 tons copper concentrates during the first year of a mult…
News in Brief (July 24, 1989)
Calvada Resources (CVH:VSE) has changed its transfer agent to Central Guaranty Trust Corp.
Spot prices at a glance (July 24, 1989)
Week’s Price (US) Change Gold*$371.50–$ 8.00 Silver*$ 5.22–$ 0.03 Platinum*$499. 50–$ 9.00 Nickel**$ 5.62+$ 0.18 Lead**$ 0.32+$ 0.01 Copper$ 1.15+$ 0.03 Zinc$ 0.76+$ 0.01 Courtesy of Scotiaba…
Books (July 24, 1989)
Coal Resources of Canada — Published by The Geological Survey of Canada in co-operation with the Canadian Government Publishing Centre. An overview of Canada’s coal resources in terms of their potent…
Gold funds as of July 18
MPV BGR Central Capital Net value $11.98 $ 6.10 $0.57 Price $10.38 $ 6.00 $0.35 Discount 13.36% 1.6% 38.6% Value $71,322,699.97 …
Tumbler Ridge hosts coal operator conference
The fourth Coal Operators Conference will be held Sept 13-14, 1989 at Tumbler Ridge, B.C. Papers have been solicited from operating mines and tours of the Quintette and Bullmoose operations have been …
Drilling nears completion at Bitech’s Nugget Pond (July 24, 1989)
With a phase II drilling program nearly 90% complete on its Nugget Pond gold property in Newfoundland, Bitech Corp. (ASE) expects to release final results of the work program by month end. Drilling re…
Sphinx plans to heap leach surface ore at Duvay bet
Montreal-based Societe Miniere Sphinx (ME) is joining a growing list of Canadian companies who are attempting to mine gold profitably using heap leaching methods. While the inexpensive mining method h…
Results from Gowest project should be good significant
A drill program operated by New Texmont Explorations (ASE) on Gowest Amalgamated Resources’ (ASE) Tully Twp. property 25 miles northeast of Timmins, Ont., is expected to yield some significant results…
Savanna exchanges shares with American Chromium
Savanna Resources (ASE) says an offer to exchange two of its shares for five class A or B shares of American Chromium Ltd. (ASE) has been accepted by 11 major shareholders of American Chromium. Savann…
Athlone drilling Vital Pacific claims
A drill program has been started by Athlone Resources (VSE) on the Soup property held under option from Vital Pacific Resources (VSE). The Soup claims are in the Omenica area 200 km northeast of Smith…