1989

Malartic option

An option has been acquired by Malartic Hygrade Gold Mines (VSE) which gives the company the right to earn a 60% interest in a gold property near Val d’Or, Que. The 425-acre property is owned by Black…


Spot prices at a glance (February 06, 1989)

Price (US) Change Gold (per oz)$392.00–$12.75 Silver (per oz)$ 5.82–$ 0.30 Platinum (per oz)$520.00–$13.00 Copper (per lb)$ 1.50–$ 0.04 Lead (per lb)$ 0.29–$ 0.01 Zinc (per lb)$ 0.87+$ 0.03 Nic…



Women’s conference

Judy Erola, a former mines minister for the federal government, will give the luncheon address on March 3, at a Northern Women’s conference on resources and environment in Sudbury. Women from northern…




Correction (February 06, 1989)

Capital costs at the Namew Lake mine in northern Manitoba, totalling $70 million, were shared 40% by Outokompu Mines and 60% by Hudson Bay Mining & Smelting, not 100% by Outokompu as was stated in (N….



Judge dismisses Scintilore suit

A lawsuit by Scintilore Explorations (TSE) seeking ownership of the David Bell gold mine at Hemlo in northern Ontario has been dismissed. Supreme Court of Ontario Justice Robert Montgomery ruled Scint…


VANCOUVER

Quattro Res — min 600,000 offered @ 35 cents per sh. Abstract Enter — gross proceeds rec $150,000. Golden Kristy Res — 500,000 sold for gross $200,000. Megastar Ventures — min 350,000 offered @ 35…



ECM seeks partners on Nevada prospects

Five gold exploration properties in north central Nevada have recently been acquired by ECM Inc. The properties, located in Lander and Eureka Counties, cover a total of 52,000 acres in Nevada’s Cortez…


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