Cons Professor still waiting to build mine
An improvement in the price of gold, together with appropriate environmental approvals, will both be necessary before production is assured a Consolidate Professo Mines (TSE Dupor gol projec ne…
News
Canadian Giant expands Newfoundland holdings
Six exploration properties comprising 365 claims in northern Newfoundland have been acquired by Canadian Giant Exploration (VSE) from Toronto-based Cliff Resources (TSE). The acquisition increases the…
Asarco, Montana Res. in partnership deal
An agreement to form a partnership that will own the Montana copper mining business of Montana Resources has been completed by that company and Asarco Inc. (NYSE). Asarco purchased a 49.9% interest in…
Audrey’s best hole adds to Mobrun ore potential
A hole drilled to determine the upper limits of the large 1100 lens located near the Mobrun mine shaft in northwestern Quebec “is the best hole to have been carried out on the Mobrun property,” Audrey…
Editorial The power of local politics
Louis Antoine de Bougainville, a nineteenth century French navigator, is probably best remembered for the large, bright tropical plant that bears his name, bougainvillaea. In mining circles, however, …
Geological reserve estimate released for Eskay Creek
Based on an independent preliminary overview report, Consolidated Stikine Silver (VSE) has released a geological reserve estimate for the Eskay Creek gold-silver project in northwestern British Columb…
Aurizon Mines aims for 24,000 oz in ’89
Quebec gold-silver producer Aurizon Mines (TSE) is projecting output of more than 24,000 oz for 1989. The Hughes-Lang company, created in 1988 through the amalgamation of Perron Gold Mines and D’Or Va…
Goldcorp facing legal battles in Dickenson/Kam-Kotia takeover
A takeover of associated companies Dickenson Mines (TSE) and Kam-Kotia Mines earlier this year has left Goldcorp Investments Ltd. of Toronto with a substantial loan payment and two lawsuits. Goldcorp,…
High River-Sikaman conclude agreement
An agreement has been concluded between High River Gold Mines (TSE) and Sikaman Gold Resources (TSE) which will transfer the former’s interest in the gold- bearing arsenical residues at the company’s …
Toronto Stock Exchange Aur, Louvem big gainers as discovery gains
The talk of the town continues to be Aur Resources’ copper find in Louvicourt Twp. near Val d’Or Que. As more information comes to light on this discovery, investors are recognizing the significance o…
IOCC GOLD OPTIONS (June 26, 1989)
Options Open eries Volume Last Interest Aug 370 C * 218 9.00 743 Aug 380 C * 325 4.60 1,854 Aug 390 C * 274 2.50 1,742 Aug 400 C * 981 1.40 2,769 Nov 360 C * 125 22.00…
Belmoral, Wrightbar plan amalgamation
A letter of intent has been entered into between Wrightbar Mines (ME) and Belmoral Mines (TSE) whereby Wrightbar will be amalgamated with a wholly-owned Belmoral subsidiary. Gold-producer Belmoral own…