P.T. Inco sale going as planned, says Phillips
The sale of 20% of P.T. International Nickel Indonesia is proceeding on schedule, Inco (TSE) Chairman Donald Phillips told a group of mining analysts in New York. As a result of the sale, Inco should …
News
Commodity index shows March gain
The all-commodity price index of Scotiabank rose by 2% in March, its first monthly gain since October. A strong recovery in base metals — up 7.2% from February — offset small declines in forestry pr…
Windy Mountain outlines `huge’ porphyry copper deposit
A preliminary reserve estimate of more than 30 million tons grading 0.48% copper marks the end of a successful 35-hole grassroots drilling program on Windy Mountain Explorations’ (COATS) MacLeod Lake …
Suit names Aurizon
Named as one of three defendants in a proceeding commenced in the Supreme Court of British Columbia is Aurizon Mines (TSE). The company says the action, launched by a private company, is related to an…
Atlantic Goldfields no longer mining
As a result of a merger between Atlantic Goldfields (COATS) and Norcast, Atlantic’s main interests have switched from mining to producing grinding media from Norcast’s three iron and steel foundries. …
American Barrick moves up but Placer still top gold producer
Moving up the list of top Canadian gold producers is American Barrick Resources (TSE), which Richard Cohen of securities firm BBN James Capel says could occupy the second position in the country by th…
Oversupply continues to dampen revenues for Canada Tungsten
High volumes of exports from Chinese tungsten producers are continuing to depress tungsten prices, keeping Canada Tungsten’s (TSE) earnings on a downward spiral. The company suffered a net loss of $2 …
Aur, Louvem drop as latest drilling returns low values
Pressure to satisfy the market’s desire to know how drilling is progressing at the Louvicourt Twp. massive sulphide project is taking its toll on the share prices of Aur Resources (TSE) and Societe Mi…
Prime’s latest falls short of `coarse gold’ expectations
Although not as spectacular as initially estimated, drill hole 90-489 from the Eskay Creek project north of Stewart, B.C., still turned out dazzling assay results for both precious and base metals. Pr…
Michele keen on Quebec bet
Junior Michele Gold Mines (VSE), which recently raised working capital of $97,000 through a private placement, is seeking financing or a partner to explore property in the Lake Kenogami- Chicoutimi ar…
Govt. watchdog reviewing Northgate, Westfield deal
A determined effort by some shareholders of Westfield Minerals (TSE) to persuade regulatory authorities to review the sale of Westfield’s interest in a Chilean gold mine to Northgate Exploration (TSE)…
IOCC GOLD OPTIONS (May 07, 1990)
Options Open Series Volume Last Interest May 380 C 25 2.50 1,448 May 390 C 38 0.80 1,122 Aug 380 C 30 12.00 149 Aug 390 C 114 8.50 579 Aug 420 C 25 2.75 941 Aug 450 C 41 0.70 1,697 Nov 400 C 105 13.00…