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Industrial minerals enjoy better markets

Many industrial minerals, like their more highly publicized precious and base metal cousins, have been enjoying excellent years and some should continue to do so, the Toronto branch of the CIM Mineral…


Pamorex busy drilling at property interests

A drilling program of 9,244 ft has been completed on the Holmes gold property about 50 miles southeast of Timmins, Ont., Pamorex Minerals (TSE) reports. Among the better intersections were 0.19 oz gol…


Denison sale stalled

Denison Mines (TSE) says a deal to sell its oil and gas assets in Spain has been terminated and the company is engaged in discussions with another prospective buyer. The previous deal was expected to …


IOCC GOLD OPTIONS (December 25, 1989)

Options Open Series Volume Last Interest Feb 400 C 215 20.50 2,389 Feb 410 C 328 16.50 1,462 Feb 420 C 357 12.00 2,774 Feb 430 C 1,300 7.00 2…


Musselwhite not economic, Placer shelves project

The Musselwhite gold project in northwestern Ontario won’t be given the construction green light this winter, say owners Placer Dome (TSE), Inco Ltd. (TSE) and Corona Corp. (TSE). Following the recent…


Agnico, Dumagami merger can’t stop takeover talk

It is business as usual at the Agnico-Eagle Mines (TSE) group now that shareholders of 43% owned Dumagami Mines have approved a merger with Agnico. At a special meeting in Montreal, 90% of Dumagami sh…


Card, Barrick deal

Card Lake Resources (COATS) has signed an option agreement with American Barrick Resources (TSE) concerning Card Lake’s property in Harker Twp., Ont. The Harker property is 2.5 miles west of Barrick’s…


Miner library closed to public

Beginning Jan 1, 1990, The Northern Miner’s library will no longer be open to the public. Reports of companies’ current status will still be provided in response to written requests that are accompani…


Toronto Stock Exchange Indices (December 25, 1989)

1989 Dec 19Dec 18Dec 15Dec 14Dec 13HIGH LOW Composite “300” 3915.083958.543986.203995.334005.764037.833353.13 Metals & Minerals 3330.593334.353346.513347.433332.813919.203207.50 Integrated mines 3442….


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