Crown stops work
Partners Crown Butte Resources (VSE) and Noranda Exploration, an affiliate of Noranda (TSE), have been forced to stop exploration on their Black Hill’s gold project in South Dakota. The companies stop…
News
Editorial COATS and the OSC don’t mix
For almost four years now, the Canadian Automated Over-the- counter Trading System has been, in effect, trying to carve out a market niche for itself. When barely one year old, it survived the market …
Naxos releases fire assays from Shumway Lake gold bet
Flotation concentrates taken from a bulk sample on Naxos Resources’ (ASE) Shumway Lake gold property in British Columbia have assayed as high as 0.027 oz. gold per ton and 13.07 oz. silver. Naxos says…
Noranda, Goldcap to select new operator at TAS project
Results from an exploration program conducted last year on the TAS gold-copper project in British Columbia were released recently. At year-end, operator Black Swan Gold Mines (VSE) had identified five…
OSC revises rules governing COATS
The Ontario Securities Commission has changed the rules that govern trading of over-the-counter securities on the Canadian Over- the-Counter Automated Trading System known as COATS. Citing concerns th…
Canchrome financing
Gateford Resources (ASE) says its affiliate Canchrome Mines has completed a $1.4-million flow- through unit offering. Canchrome plans to use the funds to finance the exploration and development of chr…
IOCC GOLD OPTIONS (January 22, 1990)
Options Open SeriesVolumeLastInterest Feb. 390 C 39730.00 864 Feb. 400 C 1,41019.502,026 Feb. 410 C 51912.501,786 Feb. 420 C 590 8.002,965 Feb. 430 C 324 4.502,870 May 420 C 42421.50…
Good crowd at KEGS talk
Dr. Peter Annan of Ottawa-based Geoterrex was guest speaker at the monthly meeting of the Canadian Exploration Geophysicists Society (KEGS) held recently at the National Club in Toronto. A record crow…
Placer Dome appoints new v.p. exploration
International mining giant Placer Dome (TSE) has appointed Eliseo Gonzalez- Urien vice-president of exploration with responsibility for the company’s exploration activities worldwide, excluding those …
FUTURES PRICES Metal Prices (January 22, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jan105.10 103.20 105.00 — 5.80 Feb104.90 103.00 104.70 — 6.00 Mar105.50 102.30 10…
Toronto Stock Exchange Index eases on jittery trading activity
Jittery traders ruled the floor of the TSE today, Jan. 17, as the composite index slid 27.71 points to close at 3,872.27 points. The nervousness stems from mounting concerns as to the direction of the…
American Copper
The American Copper Council will sponsor its eighth biennial Copper College at Sheraton El Conquistador Resort in Tucson, Ariz., March 2-7. The theme of Copper College ’90 is “The past, present and fu…