Major General busy in Newfoundland
Vancouver-based Major General Resources reports that a diamond drilling program has started on its Rendell-Jackman gold property held under option from Noranda Inc. (TSE) in north-central Newfoundland…
Articles by Northern Miner Staff
GSC Forum 90
The Geological Survey of Canada’s Forum 90 will be held Jan 15-17, 1990, in Ottawa, Ont. The theme will be the Survey’s work in the Arctic. Talks and post er presentations will follow the forum. Popul…
St. Genevieve to earn 50% in Wrightbar copper bet
A subsidiary of Montreal-based St. Genevieve Resources (TSE) has agreed to earn a 50% interest in the southern half of a Val d’Or, Que., area copper project held by Wrightbar Mines (ME). Situated in B…
Toronto Stock Exchange Senior gold issues rack up solid gains
Senior golds continued to make healthy gains, leading the composite index to a 16.97-point gain on Nov 1. The gold and silver index advanced 83 points to close at 6571.44 points — up more than 8% thi…
Aurizon uncovers new vein structure
Exploration work on the Sleeping Giant gold mine property north of Amos, Que., in the area of the current mine workings, has succeeded in uncovering mineralization from the down-dip extensions of the …
Metal Prices PRODUCER PRICES (November 06, 1989)
ALUMINUM: MW U.S. Market US79.00 cents – 80.00 cents per lb. (Oct 26, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…
Earnings mount for Teck Corp.
The latest financial results for Teck Corp. (TSE) show increased earnings for the nine months ended September 30 because of higher base metal prices and increased gold production from the David Bell m…
Caprock Alaskan find
A gold discovery has been made by Caprock Corp. (NASDAQ) on the company’s property on Valdez Creek, Alaska. The company’s exploration work has outlined one economic paleochannel in the Roosevelt Creek…
Acadia board in state of flux
A shakeup is in the works at Acadia Mineral Ventures (TSE) which could cost President Donald Smith his job. Before the company’s annual meeting in Toronto could be properly constituted, Smith announce…
Zinc, copper prices boost Cominco earnings
Higher prices for zinc and copper brought about an increase in unaudited consolidated earnings for Cominco Ltd. (TSE) during the first nine months of 1989. The company reported earnings of $175.5 mill…
Belmoral, Aur sign milling deal
A custom-milling agreement has been signed between Belmoral Mines (TSE) and Aur Resources (TSE) whereby the former will mill all gold ores produced from Aur’s Kierens and Norlartic projects for four y…
IOCC GOLD OPTIONS Options Open SeriesVolumeLastInterest Nov 360 C
01,263 ** Feb 380 P 16210.001,582 ** ** May 380 P 101 8.50 178 ** The New York closing gold price was $374.20 per oz. Last quotations for IOCC gold options…