FUTURES PRICES (March 19, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Mar 121.70 118.70 119.00 — 1.25 Apr 115.15 115.15 115.15 — 2.20 May 115.60 112.20 112.70 — 2.65 SILVER (in US …
Articles by Northern Miner Staff
Battle Mountain share offering
The pricing of a 5-million-share public offering has been reported by Battle Mountain Gold Company (TSE). The price was fixed at US$16 per share. Proceeds from the sale will be used for general corpor…
Toronto Stock Exchange Indices (March 19, 1990)
Mar. 13 Mar. 12 Mar. 9 Mar. 8 Mar. 7 HIGH LOW Composite “300” 3734.09 3740.22 3732.90 3752.00 3728.60 4009.47 3649.49 Metals & Minerals 3144.37 3152.64 3141.12 3156.00 3136.27 3453.05 2921.03 Integrat…
IOCC GOLD OPTIONS (March 19, 1990)
Options Open Series Volume Last Interest May 400 C 374 13.50 1,211 May 410 C 408 7.00 1,206 May 420 C 433 4.00 2,592 May 430 C 151 2.20 1,521 May 440 C 146 1.30 1,569 May 450 C 226 0.60 1,157 Aug. 430…
Editorial Focus on Canada’s potenmtial
The potential for mineral exploration in South America will undoubtedly be one of the key mining stories of the 1990s. There has already been a shift in focus by some of the more farsighted, internati…
Second Fontana hole hits mineralized zone
A second encouraging hole has been completed on the Fontana property near Val d’Or, Que. The gold property, 40% owned by Bay Resources and Services (ASE), a subsidiary of St. Genevieve Resources (TSE)…
People (March 19, 1990)
BRANER RESOURCES — Mark Wallbom appointed to the board of directors.
Granges reduces loss in 1989
A net loss of $8.1 million or 28 cents per share was reported by Granges (TSE) for 1989, compared with a 1988 net loss of $13.5 million or 61 cents per share. The company said the improvement reflects…
New drill program started at Douay by Inco, partners
A new 2-phase drilling program is under way on the Douay gold property in Quebec’s Casa Berardi area by project partners Inco, Societe d’Exploration Miniere Vior (ME) and Cambior (TSE). The trio recen…
Rayrock earnings cut in half
Rayrock Yellowknife Resources (TSE) reported net earnings of $3.2 million (32 cents per share) for 1989, compared with $6.6 million (68 cents per share) in 1988. Operating funds increased to $9.3 mill…
Metal snips Canadian nickel miners, refiners tour Cuba, USSR
A delegation of Canadian nickel producer-refiners is investigating new business in two other nickel- producing nations, Cuba and the Soviet Union. Representatives of Inco (TSE), Falconbridge (TSE) and…
Abcourt, Val d’Or in property deal
An option to purchase, for $1.5 million, the 50% interest of Mines Abcourt (ME) in the Bardome (Vendome) zinc property in Quebec’s Fiedmont and Barraute twps. has been granted Ressources Val d’Or (ME)…