News

IOCC GOLD OPTIONS (August 06, 1990)

Options Open Series Volume Last Interest Aug. 370 C 503 6.80 556 Aug. 390 C 223 1.50 1,117 Nov. 370 C 195 18.00 763 Nov. 380 C 221 12.90 833 Nov. 390 C 368 7.50 659 Nov. 400 C 115 6.00 984 Nov. 420 C …


Metal Prices FREE MARKET (August 06, 1990)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 31 July 30 July 27 July 26 July 25 Copper 1538-1540 1543-1545 1565-1570 1546-15…


FINANCING (August 06, 1990)

VANCOUVER Lodestar Expl — 800,000 offered @ 50 cents per sh. Adonos Res — 550,000 offered @ 50 cents per sh. Toltec Res — 700,000 sold for gross $280,000. Annabel Gold — 1,100,000 offered @ 75 cen…


Gauthier moves to end Aur-Louvem dispute

To the surprise of almost no one in mining investment circles, St. Genevieve Resources (TSE) has tabled a proposal designed to end the legal deadlock over the base metal discovery of Aur Resources (TS…


FUTURES PRICES (August 06, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 126.30 124.90 125.30 + 5.30 Sept 125.50 123.60 124.60 + 4.40 Oct 123.00 123.00 122.60 SILVER (in US cents per…


Nuclear Police; The AECB Gets Tough

At the invitation of the Hatchet Lake Indian band, members of the Atomic Energy Control Board (AECB) will meet in October at Wollaston Post, a community 30 km east across Wollaston Lake from Cameco’s …


Ins and outs of grouting

“There is no longer a place in our profession for black magicians — although artistry is still to be encouraged — who deliberately obfuscate issues in order to maintain some form of self-serving mys…


Cross-Cuts (August 03, 1990)

INDIVIDUALISM TRIUMPHS IN B.C. Three cheers for the little guy. In British Columbia, individual prospectors can take credit for the recent discovery of several orebodies. Included in the finds are a t…



Suppliers’ Notes (August 03, 1990)

Minpro Ltd. has installed Ecuador’s first modern gold-processing plant. The 120-tonne-per-day mill, shipped in modules from the company’s Mississauga factory, will be treating a rich gold ore. Among t…


New Ground

I would like to draw your attention to a regular column that we initiated with the June issue and that will become a fixture within these pages. We have called the column “Habitat,” which, to risk sta…



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