Battle Mountain files for public offering
Houston-based Battle Mountain Gold (TSE) has filed with the U.S. Securities and Exchange Commission for a proposed public offering of five million common shares. Goldman, Sachs & Co. will be the lead …
1990
Geddes tables Windy Craggy impact study
A 2-year study on the environmental impact of developing the remote Windy Craggy copper deposit in British Columbia has been submitted to the provincial government by Geddes Resources (TSE). Situated …
Editorial Stop delaying Iskut road construction
It should not take the death of six men in a recent helicopter crash to make clear the immediate need for an all-weather access road into the rugged Iskut River mining camp of northwestern British Col…
Amax, Coral extend agreement
Amax Gold (NYSE) and Coral Gold (VSE) have extended the date of a proposed agreement relating to Coral’s Robertson heap leach gold property in north central Nevada. The completion date of the joint ve…
Spot prices at a glance (February 19, 1990)
Week’s Price (US) Change Gold*$416.00–$ 3.90 Silver*$ 5.29–$ 0.01 Platinum*$516.10+$ 6.30 Nickel**$ 3.15+$ 0.37 Lead**$ 0.35+$ 0.02 Copper$ 1.05+$ 0.03 Zinc$ 0.62+$ 0.02 Courtesy of Scotiabank. Info…
GBryndon financing
Bryndon Ventures (TSE) has completed a $150,000 financing through a private placement of flow- through shares. The money will fund exploration on Bryndon’s gold prospect in northwestern British Columb…
Metals News in Brief
World crude steel output rose to a record high of 783.5 million tonnes in 1989, up 0.5% from the previous year, according to preliminary figures released by the International Iron and Steel Institute….
Toronto Stock Exchange Casa Berardi discovery sparks buying as
Those who predict that a weaker U.S. dollar and trouble in South Africa will eventually force the price of gold through the US$425 per oz. barrier on up to US$450 were having to swallow their words th…
IOCC GOLD OPTIONS (February 19, 1990)
Options Open SeriesVolumeLastInterest Feb. 400 C 86620.901,356 Feb. 410 C 30410.501,525 Feb. 420 C 1,005 3.002,556 Feb. 430 C 348 0.303,342 May 420 C 54617.901,724 May 430 C 67814.501,042 May 440 C 94…
Pine Point earnings up
Higher prices for zinc metal throughout much of the past year led to a substantial increase in 1989 revenues and earnings for Pine Point Mines (TSE). Unaudited net earnings for the year totalled $94.1…
Parquet, Cache cut strong gold values
Joint venture partners Parquet Resources (TSE) and Explorations Cache (ME) have intersected 38.2 ft. grading 0.34 oz. gold per ton and 13 ft. grading 0.67 oz. in two recently completed drill holes on …
Radisson pours first Duquesne gold
The first gold was recently poured from the Duquesne mine project, about 19 miles north of Rouyn-Noranda, Que., Radisson Mining Resources reports. Recovered from a bulk sample of 3,267 tons was 1,059….