News


Minnova to explore Rainbow project

The Rainbow property in the Greenwood mining camp of southern British Columbia will be the subject of a 60% earn-in by Minnova (TSE). The company is earning the interest from Kettle River Resources (V…


Franco in Hemlo

Franco-Nevada Mining (TSE) has entered the Hemlo gold camp by purchasing a 100% interest in 31 claims from International Interlake Industries (VSE). Franco will pay Interlake $1.65 million after compl…



Metal Prices (February 05, 1990)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 30 Jan 29 Jan 26 Jan 25 Jan 24 Copper 1300-1302 13…


Crown Jewel lives up to its name

The Crown Jewel deposit, formerly known as the Buckhorn Mountain property, is proving to be a jewel for owner Crown Resources (NASDAQ). Following a detailed study of all drilling results to date, inde…


Orient drilling at Sturgeon River

A drilling program representing 10,000 ft. has been started up by Ressources Orient (ME) at the Sturgeon River polymetallic project in the Geraldton area of northwestern Ontario. The property comprise…


Metal prices push commodity index down

Sliding metal prices had a negative effect on Scotiabank’s all- commodity price index in December, which was off 0.8% from the previous month. The all-items index has fallen 9.5% in the last year. Eco…


IOCC GOLD OPTIONS (February 05, 1990)

Options Open SeriesVolumeLastInterest Feb. 410 C * 85513.001,743 Feb. 420 C * 966 6.603,015 Feb. 430 C .1,294 4.003,322 Feb. 450 C * 729 2.001,201 May 420 C * 63020.001,501 May 430 C * 55014.001,…




Price swings renew majors’ exploration in B.C.

For British Columbia’s mining industry, 1989 was a year where the only constant was change. Most notably, the past year saw the return of major exploration companies as the leading spenders and a resu…


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