News


Toronto Stock Exchange Indices (October 15, 1990)

Oct. 2 Oct. 1 Sept.28 Sept.27 Sept. 26 HIGH LOW Composite “300”3191.38 3175.67 3159.37 3161.49 3181.48 4009.47 3159.37 Metals & Minerals2888.45 2904.67 2860.86 2868.41 2873.50 3453.06 2850.84 Integrat…



Geddes confirms third zone at Windy Craggy

The discovery of a third massive sulphide zone at the Windy Craggy project in the far northwestern corner of British Columbia is being viewed by Geddes Resources (TSE) as an important new development….


LETTERS TO THE EDITOR Bias bypasses good managers

A recent employment advertisement in your paper reminded me that old prejudices die hard in the mining industry (or maybe they never die at all). I am referring to an advertisement attempting to recru…



Seabrex proposes merger to develop copper deposit

Hoping to develop a high-grade copper deposit near Chibougamau, Que., Seabright Explorations (TSE) has entered into a letter of understanding with Corner Bay Resources. Seabrex plans to acquire the pr…


Morrison to fund Vezza-Douay work

Calgary-based Morrison Minerals (TSE) has teamed up with Total Energold (TSE) to participate in an exploration joint venture on 336 claims in the Casa Berardi gold belt of northwestern Quebec. A recen…


Jarvis plans drilling on marble prospect

Jarvis Resources (VSE) is planning to drill its newly acquired marble property in Parkin Twp., 20 miles from Sudbury, Ont. Jarvis intends to complete the next phase of drilling, designed to delineate …


Mining the base, but Kirkland seeks diversification

Kirkland Lake is a traditional northern Ontario mining town now poised on the threshold of a major diversification to its economic base. The ambitious moves were necessitated, in part, by the serious …


Pegasus set to open sixth U.S. mine

The Black Pine property in Idaho is slated to become the sixth mine for Pegasus Gold (TSE), a Spokane-based producer which currently turns out over 340,000 oz. gold from five operating mines in the we…


PRODUCER PRICES (October 15, 1990)

ALUMINUM: MW U.S. Market US83.50- 87.00 cents per lb. (Oct. 4, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CAD…


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