Indium Plant Receives Go-ahead
Metallurgists at the Kidd Creek Mmine in Timmins, Ont., have been watching the automotive industry in Japan very closely. Not because they buy a n ew car every year, but because that particular Japane…
News
Westminer committed to N.A. despite problems at mines
When he was plucked last year from his job as manager of mineral exploration for Western Mining and sent to Toronto to run the Australian company’s new North American mining wing, Jim Laylor’s mandate…
Equinox options Van Stone mine
Already a gold producer through its minor interest in the Buckhorn mine in Nevada, Equinox Resources (TSE) has secured an option to buy 100% of the Van Stone lead-zinc mine in Washington State. The fo…
FINANCING (October 02, 1989)
Aramis Ventures — 500,000 sold for gross $225,000 Golden Pick Res — 250,000 com & 250,000 flow-through offered @ 50 cents per sh Mad River Res — 670,000 offered @ 33 cents per sh Southern Cross G…
Mountain Lake metal bet optioned by Joutel Res.
Toronto-based Joutel Resources (TSE) recently signed a preliminary agreement to earn a 50% stake in Mountain Lake Resources’ (VSE) Ben Nevis Twp. claims northeast of Kirkland Lake, Ont. Two zones, one…
Spot prices at a glance (October 02, 1989)
Week’s Price (US) Change Gold* $369.30 +$ 8.55 Silver* $ 5.29 +$ 0.22 Platinum* $490.40 +$16.75 Nickel** $ 4.99 –$ 0.18 Lead** $ 0.34 +$ 0.00…
Timmins Nickel Sept 26
Timmins Nickel (TSE) has acquired three more nickel properties near its operating Redstone nickel mine southeast of Timmins, Ont.: the Tontine and Hart properties, purchased for cash and shares from C…
Sept 20, 1989 (October 02, 1989)
Amos, Que. (Special) — A modest staking rush has developed recently along what is believed to be a major regional structure, as reported this year by SOQUEM in its 1988-89 annual report. This structu…
Int’l Coast completes study on Polish project
Although risk factors concerning the political environment were n’t taken into account, International Coast Minerals (VSE) has received a positive pre-feasibility study by Wright Engineers for its pro…
Coleraine gets grant
Ressources Minieres Coleraine (ME) has received a $100,000 grant from the Quebec and federal governments. The money will fund a portion of a first-phase evaluation of the company’s ferrochrome project…
IOCC GOLD OPTIONS (October 02, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .48915.002,929 Nov 370 C .2218.001,960 Nov 380 C .3924.503,107 Nov 390 C .1312.502,341 Feb 370 C .4417.00 277 Feb 380 C .15311.00 444 Feb 390 C * 60 5.5…
US gold week
Gold Week celebrated The gold industry in the U.S. will celebrate “America’s Gold Week” Oct 2-8. The Gold Institute of Washington will co-ordinate the week’s activities, including a reception/exhibit…