Corona bids cash for Dickenson
An all-cash takeover bid for the B shares of Dickenson Mines (TSE) and the common shares of Dickenson-associated company Kam-Kotia Mines (TSE) has been made by Corona Corp. (TSE). It marks the second …
News
Sun River eyeing production from Arizona mine (February 06, 1989)
Based on a recent positive pre- feasibility study, Sun River Gold Corp. (VSE) is projecting a production rate of 400 tons per day for its United Western Mine gold deposit located near Oatman, Ariz. Th…
PGW compiling magnetic map of African continent
By 1991 exploration geologists will have access to high-definition color maps showing the regional geological features of the continent of Africa. Toronto-based geophysical consultants Paterson, Grant…
Central Crude
Hemlo Gold Mines (TSE) says its operator Noranda Exploration has completed a reserve calculation for the Eagle River gold property held in joint venture with Central Crude (VSE). The property is locat…
COATS Trading Features (February 06, 1989)
Asquith Resources was steady at 60 cents this week. The company recently released results, which include visible gold showings, from a zone on its Buckingham Mine property in southern Asquith Twp, Ont…
Metals Prices FUTURES PRICES (February 06, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb146.50 146.50 144.40 Mar145.30 140.00 142.90 — 5.15 May134.80 131.00 132.50 — 4….
Metal Prices PRODUCER PRICES (February 06, 1989)
ALUMINUM: MW U.S. Market $1.06-$1.09 per lb. (Jan 19, 1989). ANTIMONY: New York dealer $1.00 cents -$1.03 per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.65-$6.75 per lb. (Jan 5, 1989). CADMIUM: N…
Reserves upgraded at Tillicum Mountain property (February 06, 1989)
With a substantial increase in reserves brought about by its 1988 work program, Esperanza Explorations (VSE) is contemplating a $3.3-million pre- feasibility program this year for its Tillicum Mountai…
Tundra Gold options more Quebec claims
An additional 13,850 acres has been added to Tundra Gold Mines’ (VSE) McKenzie Break property in Courville and Fiedmont twps., 20 miles north of Val d’Or, Que. The company recently optioned another 34…
Epp named as new mines minister
Jake Epp, the new Minister of Energy, Mines and Resources, will be the guest of honor at the banquet held by the Prospector’s and Developers Association at their annual convention. The PDA convention …
Earnings Report (February 06, 1989)
Ennex International of Dublin, Ireland reports a net loss for the 9-month period ended Sept 30 of $460,000(US) or 55 cents per share on revenue of $3.74 million. For the same period a year earlier th…
Stratabound drilling lead-zinc property
Alberta-based junior Stratabound Minerals (ASE) reports initial drill results from its CNE base metals property near Bathurst, N.B. Last fall, the company reported the discovery of high grade lead- zi…