1990


People (February 12, 1990)

PEGASUS GOLD — James Redpath appointed a director succeeding James Foreman. Stanton Bennett, vice-president and secretary, has retired. Lyle Beaudoin will assume the responsibilities of general couns…


Breakwater to acquire American Pacific

Management of Breakwater Resources (TSE) and American Pacific Mining (TSE) have agreed in principle to a plan that will see Breakwater acquire all the issued and outstanding shares of American Pacific…


Editorial A sad ending for a great mine

Labor unions in British Columbia have notched what they no doubt consider to be another victory. They have stood up to one of Canada’s largest zinc producers and let the world know that they can’t be …


Montreal Exchange Latest Grevet results

The volatile gold market had a negative effect on resource issues for the week ended Feb. 6, with the mining and minerals index off more than 19 points in mixed trading. The general market portfolio i…


Spot prices at a glance (February 12, 1990)

Week’s Price (US) Change Gold*$419.90+$ 2.35 Silver*$ 5.30+$ 0.09 Platinum*$509.80–$ 0.55 Nickel**$ 2.78+$ 0.06 Lead**$ 0.33+$ 0.01 Copper$ 1.02+$ 0.02 Zinc$ 0.60+$ 0.02 Courtesy of Scotiabank. Infor…


Air of confidence evident at Thunder Bay conference

Recent increases in the price of gold helped to create a mood of optimism at this year’s annual Northwestern Ontario Mines and Minerals symposium held in Thunder Bay recently. The symposium’s theme wa…


Crown Jewel lives up to its name

The Crown Jewel deposit, formerly known as the Buckhorn Mountain property, is proving to be a jewel for owner Crown Resources (NASDAQ). Following a detailed study of all drilling results to date, inde…


IOCC GOLD OPTIONS (February 05, 1990)

Options Open SeriesVolumeLastInterest Feb. 410 C * 85513.001,743 Feb. 420 C * 966 6.603,015 Feb. 430 C .1,294 4.003,322 Feb. 450 C * 729 2.001,201 May 420 C * 63020.001,501 May 430 C * 55014.001,…



Arsenic metal soars

Plant shutdowns in China and the cutback on shipments by that country have helped push the price of arsenic metal skyward to US$4.50 per lb. The price of arsenic metal was 60 cents in late December, …


Trader ends deal

Trader Resources (TSE) has decided not to exercise its option to purchase 1.6 million shares of Ronnoco Gold Mines (COATS) at $1.25 per share. According to the vendors of the shares, Cabre Exploration…


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