INSIDE Snip decision near
A positive production decision for the Snip property in the Iskut River regions north of Stewart, B.C., appears to be near. Mobilization of construction equipment is already set for the project which …
News
Toronto Stock Exchange Indices (June 18, 1990)
June 12 June 11 June 8 June 7 June 6 HIGH LOW Composite 300 3607.66 3578.66 3571.34 3604.64 3611.93 4009.47 3334.13 Metals & Minerals 3241.35 3201.86 3197.75 3236.04 3240.15 3453.06 2850.84 Integrated…
U.S.REPORT Silver Standard plans program for Chandler
Now that a joint venture has been formed to explore the 1,150-acre Chandler gold property near Weiser, Idaho, Silver Standard Resources (VSE) will oversee a $65,000 surface program consisting of geoch…
Private investor buys Royal Gold shares
A private investor, Robert Guy, has purchased 1.84 million shares of Royal Gold Enterprises. Guy bought the shares from 534910 Ontario, a company that he and his wife control. Together, Margaret and R…
SPOTPRICE2
Week’s Price (US) Change Gold* $353.00 — $6.80 Silver* $4.99 — $0.10 Platinum* $484.40 — $7.35 Nickel** $3.79 + $0.14 Lead** $0.37 — $0.00 Copper- $1.16 — $0.03 Zinc $0.76 — $0.03 Courtesy of Sc…
Mazarin negotiates graphite sales
An agreement covering the sales and distribution of graphite in central Europe has been announced by Societe d’Exploration Miniere Mazarin (ME). The junior is developing a flake graphite property near…
Rich Snip gold project sure to please owners Cominco and Prime (June 18, 1990)
A positive production decision on the Snip property, in the Iskut River region north of Stewart, B.C., is virtually a certainty, according to mine manager Merlyn Royea. The project is 60% owned by Com…
IOCC GOLD OPTIONS (June 18, 1990)
Options Open Series Volume Last Interest Aug. 360 C 201 10.50 152 Aug. 370 C 154 6.00 369 Aug. 380 C 128 3.40 864 Aug. 400 C 250 1.00 1,838 Nov. 370 C 102 12.00 163 Nov. 380 C 127 8.00 311 Nov. 400 C …
Exploration software catches on (June 18, 1990)
It still takes a great deal of field work. Dozens, sometimes hundreds, of drill holes still have to be sunk. But, more and more, exploration work is being simplified, thanks to computer software. At l…
Galactic adds new blood, Friedland steps back
After a decade as the driving force behind Galactic Resources (TSE), Robert Friedland has stepped aside as president and chief executive officer to turn over the helm of the company to a management te…
News In Brief Newfield cancels private placement
A private placement recently announced by Newfield Minerals (TSE) (T.N.M., June 4/90) was not accepted by The Toronto Stock Exchange and, therefore, will not proceed. The proposed placement included f…
Mining Association slams B.C. land use policies
Tom Waterland, president of the Mining Association of British Columbia, slammed provincial land use policies after learning that a major mining company was forced to terminate an exploration program o…