1989

MPV BGR Central Capital Net value $11.54 % $ 6.00 % $0.58 Price $ 9.625% $ 5.50 % $0.46 Discount $16.59% 8.3% 26.1% Value $68,735,288 $100,964,924 N/…

A slightly stronger gold price and a slightly weaker dollar encouraged some investors to peek out of the trenches at press time, but most brokers still maintain it will take a sustained gold price ove…

The Canadian subsidiary of giant metals company Degussa of Germany has been accorded “good delivery status” on the London market for its gold bars. Degussa Canada has announced its name has been added…

Encouraging results have been reported by Brex Exploration (ME) from the Shoal Lake property 24 miles southwest of Kenora, Ont. Three holes were drilled. Hole 89-2 cut 9.7 ft of 0.24 oz gold per ton a…

A group of New Quebec Raglan Mines (TSE) shareholders who opposed a recent bid by Falconbridge Ltd. (TSE) for the 26% stake in Raglan it didn’t already hold, may receive more for their shares than the…

Actively exploring a couple of prospects east of Timmins, Ont., Goldpost Resources (TSE) reports it plans to mine about 10,000 tons of high grade ore from the Gibson West zone lying above the 250-ft l…

Mining analysts and industry executives are calling it the most significant base metals strike since the Kidd Creek orebody was discovered near Timmins, Ont., by Texas Gulf back in 1964. The copper-zi…

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…

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 …

Watch out — 1989 may not be quite the dismal year for mineral exploration many have been predicting. With gold prices in the dumper, investors shy of mining stocks since the ’87 market crash and fl…

Not placing all your eggs in one basket is advice more than a few mining companies, in particular those known best for their gold production, seem to have heeded. Subsidiaries of two of Canada’s large…

A joint venture agreement with the Canadian exploration subsidiary of Texas-based Battle Mountain Gold Mines (TSE) was the main topic for discussion at HSK Minerals’ recent annual meeting in Toronto. …