BMR finds new gold zone at America mine project
Some encouraging gold intersections were reported recently by BMR Gold (ASE) from its America mine project, 120 miles south of Las Vegas, near Amboy, Calif. Under an agreement with Fischer- Watt Gold …
News
Mercator plans to raise $7.8 million
A $7.8-million public share offering is being planned by Mercator Resource (ASE), following its recent acquisition of all the outstanding shares of Arimetco, a U.S. company. Mercator previously issued…
Battle financing
Battle Mountain Gold (NYSE) is planning an issue of five million common shares which will gross about $105 million. The deal is one in a series of large gold equity offerings which have hit the market…
IOCC GOLD OPTIONS (February 12, 1990)
Options Open SeriesVolumeLastInterest Feb. 390 C 44434.00 680 Feb. 400 C 46821.001,821 Feb. 410 C 43613.001,677 Feb. 420 C 920 6.502,690 May 400 C 33734.001,216 May 410 C 29329.00 713 May 420 C 41722….
Brazilian debt for gold fields?
Reports out of Brazil say a subsidiary of Mitsubishi Metal Corp. of Japan, Bishimetal Corp., has offered to buy the South American country’s US$115-billion foreign debt in return for mining rights to …
Vancouver Stock Exchange Trading activity comes to life
With gold prices moving in the right direction and companies announcing drilling budgets for the coming season, trading activity on the Vancouver Stock Exchange is beginning to show signs of life. At …
U.S. ruling removes delays at Crow Butte uranium project
Nebraska’s Attorney General has issued a favorable ruling on a foreign ownership issue that has held up the permitting process for the Crow Butte uranium mining project in that state. In a recent rele…
Mexican Hat reserves estimate
A reserve estimate has been completed by Oneida Resources (VSE) for one zone on its Mexican Hat gold property in Arizona. Held under option by project operator Placer Dome (TSE), the Mexican Hat prope…
Normetal contract
Normetal Mining Exploration (ME) has signed a milling and smelting contract with Noranda (TSE) for the refining of 70,000 tons of zinc-silver ore, and the purchase of zinc and silver concentrates, by …
Louvicourt drilling intersects sulphides
A 48-metre core intersection of massive and disseminated sulphide has been pulled by Louvicourt Gold Mines (COATS) on the northern portion of company property near Val d’Or, Que. Louvicourt, 58% owned…
Franco-Nevada buys Interlake’s Hemlo property
Toronto-based Franco- Nevada Mining (TSE) has acquired what it considers to be a promising long-term prospect to supplement its royalty interest in American Barrick Resources’ (TSE) Goldstrike gold mi…
Goldteck takes Bellview to feasibility
At a recent meeting, directors of Goldteck Mines unanimously approved a decision to advance to feasibility the Bellview gold project in White Pine Cty., Nev. A feasibility study, financed 100% by Gold…