1990


Spot prices at a glance (October 15, 1990)

Week’s Price (US) Change Gold* $392.20 + $2.35 Silver* $4.63 — $0.06 Platinum* $443.75 — $0.25 Nickel** $4.28 — $0.06 Lead** $0.35 + $0.01 Copper- $1.29 + $0.01 Zinc– $0.61 — $0.03 Courtesy of Sc…


Fort Cady lawsuit

Corona (TSE) filed a lawsuit earlier this year in the Ontario Court, general division against its partner in the Fort Cady boric acid project, northeast of Los Angeles, Calif. Corona, through Fort Cad…




Barrick drills new zone east of Holt-McDermott

American Barrick Resources (TSE) is drilling what a company official has described as an “interesting new zone” on the Mattawasaga property, east of Barrick’s Holt-McDermott gold mine at Kirkland Lake…


Inco, Golden Knight renew Casa Berardi exploration

This month marks the start of a 15-month exploration program at Casa Berardi Est gold mine in Quebec of Inco Gold and Golden Knight Resources. The program is designed to define the mine’s resources in…


Aurizon talking with bondholders

A second-quarter writedown of its Sleeping Giant gold property near Amos, Que., left Aurizon Mines (TSE) in breach of a covenant in the agreement with its Swiss bondholders to maintain a minimum net w…



New mines minister named in Quebec

A new minister for mines for Quebec has been named following a cabinet shuffle by Premier Robert Bourassa. Deputy premier Lise Bacon has assumed direct responsibility for the mines portfolio under her…


Centurion plansmerger with US Precious Metals

Already affiliated by way of common management, U.S. Precious Metals (TSE) and Centurion Gold (TSE) are planning to merge into a consolidated company with a greater asset base and exposure to opportun…


Avondale gets high grades in Iskut area

A 24.3-ft. intercept grading 1.19 oz. gold, 1.39 oz. silver and 0.87% zinc was returned from recent underground drilling at the Inel property in the Iskut River camp of northwestern British Columbia. …


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