OSC revises rules governing COATS
The Ontario Securities Commission has changed the rules that govern trading of over-the-counter securities on the Canadian Over- the-Counter Automated Trading System known as COATS. Citing concerns th…
News
Canchrome financing
Gateford Resources (ASE) says its affiliate Canchrome Mines has completed a $1.4-million flow- through unit offering. Canchrome plans to use the funds to finance the exploration and development of chr…
IOCC GOLD OPTIONS (January 22, 1990)
Options Open SeriesVolumeLastInterest Feb. 390 C 39730.00 864 Feb. 400 C 1,41019.502,026 Feb. 410 C 51912.501,786 Feb. 420 C 590 8.002,965 Feb. 430 C 324 4.502,870 May 420 C 42421.50…
Good crowd at KEGS talk
Dr. Peter Annan of Ottawa-based Geoterrex was guest speaker at the monthly meeting of the Canadian Exploration Geophysicists Society (KEGS) held recently at the National Club in Toronto. A record crow…
Placer Dome appoints new v.p. exploration
International mining giant Placer Dome (TSE) has appointed Eliseo Gonzalez- Urien vice-president of exploration with responsibility for the company’s exploration activities worldwide, excluding those …
FUTURES PRICES Metal Prices (January 22, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan105.10 103.20 105.00 — 5.80 Feb104.90 103.00 104.70 — 6.00 Mar105.50 102.30 10…
Toronto Stock Exchange Index eases on jittery trading activity
Jittery traders ruled the floor of the TSE today, Jan. 17, as the composite index slid 27.71 points to close at 3,872.27 points. The nervousness stems from mounting concerns as to the direction of the…
American Copper
The American Copper Council will sponsor its eighth biennial Copper College at Sheraton El Conquistador Resort in Tucson, Ariz., March 2-7. The theme of Copper College ’90 is “The past, present and fu…
Letter to the Editor Story on Yukon erred in O’Brien ownership
In your story about Yukon developments on page one of The Northern Miner’s Jan. 1 issue, you mentioned Total Energold’s O’Brien gold property at Antimony Mountain among some of the most significant pr…
Spot prices at a glance (January 22, 1990)
Week’s Price (US) Change Gold* $410.60 +$ 4.75 Silver* $ 5.23 –$ 0.04 Platinum* $496.25 +$ 2.50 Nickel** $ 3.27 –$ 0.22 Lead** $ 0.32 –$ 0.02 …
BMR Correction
Gold contained in reserves at the American Mine property owned by BMR Gold (ASE) total 135,000 oz. Incorrect figures were reported in a previous story on BMR (T.N.M., Dec. 11/89).
Editorial Fruits of research
One of the problems of corporate-sponsored research and development has always been doubts about sponsors’ ability to reap the benefits of their investment. It’s difficult to expect corporations to ki…