Curragh completes US$130-m. issue
A US$130 million bond issue arranged by Curragh Resources (TSE) to offset debts associated with various projects, including the purchase of a 20% stake in a Spanish smelter, was completed recently. Th…
1990
METAL PRICES FREE MARKET (October 22, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date October 16 October 15 October 12 October 11 October 10 Copper 1341-1343 1352-1353 13…
Valdez Gold acquires shares of San Paulo
Ian McAvity, chairman of Valdez Gold, says a total of 3,999,724 shares of San Paulo Explorations (ASE) have been deposited under the company’s recent offer to purchase two million shares of San Paulo….
Ester property drilling returns gold
Recent diamond drilling on the Ester property near Fairbanks, Alaska, has returned some encouraging results. A unit of Inco (TSE) is earning a 70% interest in the property from Silverado Mines (VSE) b…
Audrey examining Mobrun bet targets
Having discovered five massive sulphide lenses on its Mobrun mine property near Rouyn-Noranda, Que., Audrey Resources (TSE) has set out to look for additional deposits on the property. The company say…
Westmin signs Tenajon agreement to develop SB
It has taken longer than expected, but Westmin Mines (TSE) and Tenajon Resources (TSE) recently announced the closing of a joint venture agreement for ongoing development of Tenajon’s SB gold property…
Sale of Poco holdings to provide Corona with funds for Eskay Creek
Selling off its Canadian oil and gas interests will allow Corona (TSE) to place more emphasis on its gold-mining activities and help the company to reduce its debt. President Peter Steen, meeting in T…
Langmuir nickel production near – Low-cost access to orebody
The Langmuir No. 1 deposit of Timmins Nickel (TSE) should be in full production by mid-November, The Northern Miner learned during a visit to the project, 14 miles south of here. The company is curren…
GIOCC GOLD OPTIONS
Options Open Series Volume Last Interest Nov. 460 C 412 15.50 199 Nov. 420 C 311 4.50 3,461 Feb. 380 C 304 19.00 450 Nov. 430 C 224 15.00 2,829 Nov. 400 C 201 14.50 2,226 May. 450 C 150 10.50 167 Feb….
Geddes confirms third zone at Windy Craggy
The discovery of a third massive sulphide zone at the Windy Craggy project in the far northwestern corner of British Columbia is being viewed by Geddes Resources (TSE) as an important new development….
Jarvis plans drilling on marble prospect
Jarvis Resources (VSE) is planning to drill its newly acquired marble property in Parkin Twp., 20 miles from Sudbury, Ont. Jarvis intends to complete the next phase of drilling, designed to delineate …
Ontario Mining Week launched to raise public awareness
Ontario’s first ever Ontario Mining Week, Oct. 15-19, has been launched with proclamations by the Minister of Mines and by the mayors of 36 mining municipalities. Events during the week, sponsored by …