News

IOCC GOLD OPTIONS (April 10, 1989)

Options Open Series Volume Last Interest May 390 C . 1,643 8.20 1,717 May 400 C * 391 4.00 4,230 May 420 C * 529 1.20 2,673 May 440 C * 565 0.60 2,773 Aug 400 C * 323 13.50 1,676…


INSIDER TRADES (April 10, 1989)

Ansil — C. Harrop sold 7,800 (Feb.) @ $1.25 to hold 6,800. Eastmaque — H. Klingmann sold 5,000 (Feb.) @ $3.40-$3.45 to hold nil. Flint Rick — A. Donato bought 33,333 (Feb., private) @ 30 cents to h…


Metal Prices FREE MARKET (April 10, 1989)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 4 Apr 3 Mar 31 Mar 30 Mar 29 Copper 1777 – 1782 1804 – 1809 …


Greater Lenora, RJK busy in Saskatchewan

Joint venture partners Greater Lenora Resources (TSE) and RJK Mineral Corp. (ASE) say they are studying the possibility of selective mining of high grade gold zones at their Beaverlodge property in n…


20 companies involved in Lac St. Jean nickel play

At least 20 publicly traded companies have acquired properties in what is shaping up to be an exciting new exploration play for nickel and copper near Lac St. Jean, Que. Interest in the area stems fro…


Record Inco tax

Inco Ltd., which made more money in 1988 than ever before in its history — $735 million(US) — also paid a record amount of taxes in Manitoba. One of the company’s large nickel mining complexes is si…


Fancamp joint ventures two Quebec properties

Vancouver-based Fancamp Resources (VSE) recently signed a joint venture agreement on the company’s 29-claim Lemoine Twp. property in Quebec with Westminer (Canada) Ltd. Westminer may earn up to a 50% …


Windarra reports La Ronge results

A winter drill program on the Preview Lake property in Saskatchewan’s LaRonge gold belt has intersected significant gold mineralization in the Bakos zone, reports joint venture partner Windarra Minera…


Dofasco closes deal

Dofasco Inc. (TSE) has completed the purchase of a 25% share interest in Quebec Cartier Mining Co. Quebec Cartier operates iron ore mines and processing facilities in Quebec. Dofasco has also entered …


PRODUCER PRICES (April 10, 1989)

ALUMINUM: MW U.S. Market US93.50- 96.50 cents per lb. (Mar 30, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.65-$6.75(US) per lb (Mar 9, 1989). …


Trio in Carlin (April 10, 1989)

Trio Gold Corp. (ASE) has acquired a 100% interest in 29 claims near Elko Cty, Nev. The claims are within the prolific Carlin trend, a major geological feature hosting several large open pit gold depo…


Victoria encouraged by graphite showings

Significant intersections of graphite mineralization have been reported by Victoria Graphite (COATS) of Ottawa from its property near Portland in southeastern Ontario. Fifteen holes were drilled in th…


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