Metal Prices FREE MARKET (October 08, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 2 October 1 September 28 September 27 September 26 Copper 1502-1504 1474-147…
News
Lytton to buy more Tagish shares
The Toronto and Vancouver Stock exchanges have accepted the filing of an agreement that will allow Lytton Minerals (TSE) to increase its holding in Tagish Resources to one-half the outstanding shares …
Gulf developing reserve on McLymont
Drilling on the McLymont Creek property, owned by Gulf International Minerals (VSE), is continuing to return good gold values. The property is in the Iskut River area of northwestern British Columbia….
Eastmaque drilling encouraging
Recent drilling on the Oro Cruz property is returning encouraging results. The project is a joint venture between Eastmaque Gold Mines (TSE), which holds a 44% interest, and Morrison-Knudsen (NYSE), w…
OBITUARY Charles Penney
Charles Penney, noted member of the Canadian mining industry, died recently at home in Tsawwassen, B.C. He was 76. Penney, a graduate from Queen’s University, came from Carbonear, Nfld. Among the proj…
PEOPLE WIRLWIND RESOURCES
Robert Barbero and Chet Idziszek appointed directors succeeding Arthur Clemiss who resigned.
Not talking, say Sherritt and Falconbridge
Speculation that Toronto-based Sherritt Gordon (TSE) and Falconbridge Ltd. are set to embark on a joint venture designed to feed Sherritt’s Alberta nickel refinery have been denied by officials from b…
Assays awaited from Tulsequah
The most recent hole completed on the Tulsequah Chief massive sulphide project in northwestern British Columbia is reported to have intersected 20 ft. of mineralization within a wide stratigraphic int…
Noranda, Freewest expand size of drill program at Harker bet
Joint venture partners Freewest Resources (ME) and Noranda (TSE) have quietly expanded the size of a major drill program under way on their Harker-Holloway property near Matheson, Ont. The program, al…
INSIDER TRADING Horsham director sells voting stock
Although Ian Delaney was recently appointed chairman and chief executive officer of Sherritt Gordon (TSE), he retains a substantial voting interest on the board of Toronto-based Horsham (TSE). In addi…
Correction (October 08, 1990)
LAC Minerals (TSE) purchased its 65% interest in Bond International Gold (TSE) for US$379 million. An incorrect figure was previously reported (T.N.M., Oct.1/90).
IOCC GOLD OPTIONS (October 08, 1990)
Options Open Series Volume Last Interest Nov. 400 C 324 11.00 2,113 Nov. 410 C 145 7.30 2,728 Nov. 420 C 366 5.50 3,123 Nov. 440 C 458 3.80 4,362 Nov. 460 C 449 1.50 2,457 Feb. 390 C 232 25.00 859 Feb…