IOCC GOLD OPTIONS (February 05, 1990)
Options Open SeriesVolumeLastInterest Feb. 410 C * 85513.001,743 Feb. 420 C * 966 6.603,015 Feb. 430 C .1,294 4.003,322 Feb. 450 C * 729 2.001,201 May 420 C * 63020.001,501 May 430 C * 55014.001,…
News
Vancouver Stock Exchange Investors in wait-and-see mood
On Jan. 26, a fat lady with horns and blonde braids (really a board marker dressed up like Brunhilde) sang a final aria on the floor of the Vancouver Stock Exchange to show “it’s really over.” The eve…
Alberta Stock Exchange says it held its own during 1989
It may be regarded as the little brother among the family of Canadian stock exchanges, but in 1989 the Alberta Stock Exchange more than held its own in a competitive market environment. The volume of …
Price swings renew majors’ exploration in B.C.
For British Columbia’s mining industry, 1989 was a year where the only constant was change. Most notably, the past year saw the return of major exploration companies as the leading spenders and a resu…
Canamax loss hinders Amax earnings
Amax Gold (TSE) hasn’t been actively soliciting offers for its 49.7% stake in Vancouver affiliate Canamax Resources (TSE), but Mark Lettes, treasurer of Colorado- based Amax, says if a good offer come…
Spirit Lake’s Edwards claims could host small gold orebody
A $400,000 exploration program at Spirit Lake Explorations’ (ME) Edwards gold property northeast of Wawa, Ont., will focus on defining a small but high-grading deposit, President John Hansuld told sha…
Samatosum beats recoveries made during tune-up
Higher grades and concentrate recoveries are being reported for the Samatosum polymetal mine operated by Minnova (TSE) near Kamloops, B.C. Sized at 550 tons per day, the Samatosum mine started commerc…
Improved data for Explorationists
The Ministry of Northern Development of Mines of Ontario is preparing a province-wide magnetic grid that will provide the base for a wide range of improved aeromagnetic data for use by mineral explora…
Letters to the Editor Freewest, Noranda working near Matheson
A recent article in The Northern Miner entitled “Freewest, Noranda discovery” (T.N.M. Jan. 15/90) is of great interest to the council and residents of the township of Black River-Matheson. The article…
A better informed public can better influence governments
This is the first of a regular monthly column from the Prospectors and Developers Association of Canada. The role of keeping industry informed of emerging legislation and key political developments ha…
Arsenic metal soars
Plant shutdowns in China and the cutback on shipments by that country have helped push the price of arsenic metal skyward to US$4.50 per lb. The price of arsenic metal was 60 cents in late December, …
Exploration to commence at Golden Pacific project
Golden Pacific Resources (ASE) says exploration has begun at the Penon Blanco claims on the Mother Lode vein system in Mariposa Cty., Calif. The program is expected to include surface exploration, sur…