IOCC GOLD OPTIONS (October 01, 1990)
Options Open Series Volume Last Interest Nov. 390 C 1,050 24.00 837 Nov. 440 C 699 5.50 4,140 Feb. 410 C 544 26.00 499 Nov. 420 C 263 9.00 3,175 Nov. 410 C 247 14.00 2,797 Nov. 460 C 150 3.70 2,103 No…
News
FUTURES PRICES (October 01, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 123.90 122.65 123.50 — 5.15 Nov — — 120.20 — 6.20 Dec 118.20 115.80 117.50 — 4.25 SILVER (in US cents pe…
Kennecott backs Fischer-Watt on portfolio of 35 properties
Armed with the proceeds of a recent US$2 million private placement, Fischer- Watt Gold (NASDAQ) is planning an aggressive exploration program on various properties in the western U.S., Mexico and Cent…
Conference to focus on the environment
A 1-day conference dealing with the environment and mining will take place Oct. 18 at L’Hotel in Toronto. Titled “Environmental regulation and liability in the mining industry,” the conference is bein…
COATS (over-the-counter) Trading gets a boost
The market appears to have recovered, at least temporarily, from the low-volume blues. For the first time in months, the week’s five most active stocks registered trading volumes of over 100,000, four…
Bond sells 810,000 oz forward to cut debt
Taking advantage of the recent run-up in gold prices, Bond International Gold (TSE) has sold forward 810,000 oz. of gold at an average price of US$425 per oz. Bond, 65% owned by Toronto- based LAC Min…
EDITORIAL PAGE Say too much of say too little
Eyeball assays. It is not our term, but it is one that has apparently taken hold in the exploration field. Or perhaps we should say in the promotion field. It is an apt expression. Essentially, it ref…
Grades falling at South African mines
The average grade of gold ore mined in South African mines has dropped steadily for the past 20 years to a low of 0.14 oz. gold per ton, down more than half from the average of 0.38 oz. gold per ton i…
Adrian gets mixed results from Stikine Arch drilling
Drilling on the Ski project situated directly north of the rich Eskay Creek deposit in the Stikine Arch area of northwestern British Columbia is returning mixed results. The drilling is part of an ong…
Luncheons for shareholders recall more prosperous times
Over my many years associated with this paper, one gets to attend quite a few mining functions — official openings, receptions, dinners, show-and- tell gatherings and fish derbies. By and large these…
Orofino takes loss over nine months
The high cost of milling the remaining ore from the Scadding property near Sudbury, Ont., has resulted in a net loss for Orofino Resources (TSE) in the nine months ended June 30. Orofino reported a lo…
Iskut road studies begin
Detailed engineering and environmental studies for the proposed road into the resource-rich Iskut River region of northwestern British Columbia are now in progress. Earlier this year British Columbia …