Alberta Stock Exchange Nevada attracts juniors
A couple of juniors known for their activities in northwestern British Columbia have targeted Nevada as a future area for their growth. Integrated Resources and Capra Minerals are players in a lease/ …
News
Mahogany finds gold near Jolu
Vancouver-based International Mahogany (TSE) says recent surface exploration work has discovered a new gold-bearing structure on the Star Lake property, adjacent to its 70% owned Jolu gold mine in nor…
Hemlo Gold has steady earnings
Low production costs at the Golden Giant mine near Marathon, Ont., helped owner Hemlo Gold Mines (TSE) keep its earnings in line during the third quarter ended Sept. 30. The company’s third-quarter in…
Nickel prices keep Inco earnings down
Lower realized nickel prices throughout the year affected both third-quarter and 9-month cumulative earnings at Inco (TSE). Third-quarter earnings fell to US$97 million (92 cents per share) from US$12…
Teck closes Beaverdell silver mine, Keno reopens Yukon operations
The heady days of 1980 when silver prices averaged US$20.66 per oz. are a distant memory for companies that produce the metal either as a byproduct or as a primary commodity. Today, with silver prices…
Montreal Exchange TVX in major deal
News of the formation of a new major gold producer involving Inco and Consolidated TVX Mining, and of the latest exploration program for the Louvicourt massive sulphide deposit of Aur Resources and So…
LAC president outlines recent changes in project financing
The topic of project financing and its changing nature during the past 20 years was touched on by the president of LAC Minerals (TSE), Peter Allen, in a recent speech to a precious metals seminar in N…
FUTURES PRICES (October 29, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 132.20 128.50 132.20 + 6.70 Nov 127.50 124.00 128.15 + 9.30 Dec 122.80 117.60 122.65 + 9.30 SILVER (in US cen…
U.S. REPORT Pegasus gets mixed results at Century
The first eight holes drilled by Pegasus Gold (TSE) on the Century Gold property in Idaho returned mixed results, the most impressive being a 20-ft. intersection grading 1.13 oz. gold per ton. As oper…
U.S. REPORT Crowfoot-Lewis output sets record of 26,200 oz. gold
The Crowfoot-Lewis mine reported record gold production in the 1990 third quarter when the open pit operation turned out 26,200 oz. of gold. This compares to production of 24,000 oz. in the third quar…
BOOKS IN REVIEW Minerals important to civilization
In light of the recent invasion of oil-rich Kuwait by Iraq, Mineral Resources and the Destinies of Nations is a timely volume which presents a historical and contemporary view of how oil and other min…
IOCC GOLD OPTIONS (October 29, 1990)
Options Open Series Volume Last Interest Nov. 360 C 298 17.50 344 Nov. 380 C 809 6.00 976 Nov. 390 C 705 3.20 1,360 Nov. 400 C 421 2.80 2,672 Nov. 410 C 309 1.30 3,154 Nov. 420 C 270 1.30 3,517 Nov. 4…