News

Corona, Platinova drill 9 holes at Greenland bet

A drilling program this year at a gold-platinum prospect in East Greenland confirmed the continuity and integrity of a layer of precious metals mineralization over an area of several square kilometres…


Letters to the Editor Devon R&D centre not closing

In the editorial page of your edition of Oct 2, 1989, you allude to cuts in R&D in surface mining at one of the Canada Centre for Mineral and Energy Technology (CANMET) laboratories at Devon, Alta., t…


Aur considers Val d’Or smelter

Construction of a smelter, at a capital cost that could reach $350- million, is being considered for any ore mined from the Aur Resources (TSE), Societe Miniere Louvem (TSE) base metal discovery. Whil…


Crown Butte has three rigs at Miller Creek discovery

Three rigs are continuing to drill the Miller Creek zone on the New World property in Montana where Crown Butte Resources (VSE) and project manager Noranda Exploration recently made a new gold-silver-…



Metal Prices FREE MARKET (October 16, 1989)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 10 Oct 9 Oct 6 Oct 5 Oct 4 Copper 1896-1897 18…



Books Metals geopolitics examined by book

Minerals occupy an indispensable place in the creation of industrial and, ultimately, military capability and thus contribute materially to the power of states. Canadian minerals contribute to the mil…


Placer almost done draining Paymaster

A mine dewatering program is nearly 80% complete on the Paymaster property which is being explored by 60/40 joint venture partners Placer Dome (TSE) and American Reserve Mining (VSE). The property, wh…


Placer increases Omai gold reserves

Work by Placer Dome (TSE) has increased reserves at the Omai gold project by 30%, joint venture partner Golden Star Resources (TSE) says. Situated in Guyana, South America, the Omai deposit hosts rese…


Barrack funds Cinola to production

Stalled by financial problems of the City group of companies and by threats of environmental opposition, the Cinola gold project in the Queen Charlotte Islands of British Columbia is about to resurfac…


IOCC GOLD OPTIONS (October 16, 1989)

Options Open SeriesVolumeLastInterest Nov 360 C .120 9.002,920 Nov 370 C * 29 4.502,001 Nov 380 C * 73 1.203,103 Nov 400 C .252 0.502,528 Feb 380 C * 60 8.00 546 Feb 390 C * 93 5.25 490 Feb 400 C *…


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