1990


Card Lake active

With exploration action heating up in the Harker-Holloway area of northern Ontario, Card Lake Resources gained 1 cents to close at 33 cents on volume of 17,200 shares. American Barrick has an option…


Edinburgh to host IMM Council in July

The 14th Congress of the Council of Mining and Metallurgical Institutions will be held July 2-6 in Edinburgh, Scotland. The focus will be the expanding range of minerals and materials required by cont…



Black Hawk drills

Drilling has resumed with three rigs at Black Hawk Mining’s (TSE) Minago nickel project in Manitoba. The program will follow up the best results received to date on the property. Last winter, Black Ha…


Montreal Exchange Indices well off

Investors lost ground in active trading for the week ended Jan. 16, with the market portfolio tumbling more than 38 points and the mining and minerals index declining more than 19 points. Daily volume…


Belmoral resumes work on Yorbeau’s Astoria

Underground exploration work has been resumed by Belmoral Mines (TSE) on Yorbeau Resources’ (TSE) Astoria gold project, three miles south of Rouyn-Noranda, Que. Drifting is under way at the AW-zone on…


Falco extends program

Falconbridge Gold (TSE) will extend the expiry date of its small shareholder selling program to Feb. 28. Originally scheduled to expire on Dec. 28, the program enables shareholders owning 99 or fewer …


Freewest, Aurogin deal

Aurogin Resources (VSE) has granted an option to Freewest Resources (ME) and Maple Creek Mines, a private company. It gives the latter two companies the right to earn a 50% interest in a base metals p…


Atlantic Report Cape Breton Highlands get going over

Despite a dramatic drop in activity in the junior resource sector in Nova Scotia since the heyday of flow-through shares, exploration is continuing, mostly by majors and the few juniors which have man…


PRODUCER PRICES Metal Prices (January 22, 1990)

ALUMINUM: MW U.S. Market US72.00 cents – 73.00 cents per lb. (Jan 11, 1990). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…


Corona offering near $100 million

Following in the steps of two other major Canadian gold producers, Corona (TSE) has gone to the market to raise capital through an offering worth almost $100 million. Toronto-based Corona will issue n…


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