FINANCING ONTARIO
Timmins Nickel — final rec iss offer min 1,700,000 & max 3,800,000 @ $1.75 perish to net min $2,737,000 & max $6,118,000. VANCOUVER Lynnfield Res — 525,000 offereed @ 45 cents per sh. Oropex Miner…
News
Corona earns stake in Iskut claims
Gold producer Corona Corp. (TSE) is emerging as a major player, both directly and indirectly, in northwestern British Columbia’s gold c amps. The company already has varying interests in a number of c…
Minnesota mineral sale set for October
A book describing the available mineral claims in Minnesota will soon be available in preparation for that state’s 1989 metallic minerals lease sale. The Mining Unit Book can be pre- ordered for $25(…
Williams mine running on track ure by
The Williams mine here in Hemlo country, a joint venture between Corona Corp. (TSE) and Teck Corp. (TSE) now that LAC Minerals ( TSE) is out of the picture, is on target to produce approximately 500,0…
Bioleach testing planned at Placer Dome gold mine
Placer Dome Inc. (TSE) is about to examine the commercial potential of a bacteria-enhanced gold recovery system called bioleaching at its Campbe ll gold mine i n Red Lake, Ont. A deal has been signed …
North American gold companies to become million-oz producers
Two North American mining companies, and possibly a third, are set to enter the million-ounce club this year. Placer Dome (TSE), which traces its current size back to a 1987 amalgamation, will turn ou…
Toronto Stock Exchange Metals index depress composite below 4.000
A 27.55-pt loss carried the TSE composite under the 4000-pt mark to a close of 3971.28 pts today. The metals and minerals index was a big loser, slipping a full 1.1% or 45.37 pts to 3815.1 pts. The …
Treminco to buy Silvana mine
Already a gold producer at its Ptarmigan mine near Yellowknife, N.W.T., Treminco Resources (VSE) plans to buy the producing Silvana silver-lead-zinc mine near the town of New Denver in southeastern B…
Cominco boosts zinc awareness
As one of the world’s largest suppliers of zinc ore and zinc metal, Cominco Ltd. has launched a new campaign to promote zinc awarene ss among Cana dians. The company said a recent survey found that ou…
Placer Dome finances metallurgical testwork at J&L
The J&L property near Revelstoke, B.C., contains a gold, silver, lead and zinc deposit with potential to be a polymetallic mine. But because the mineralization at J&L is refractory and contains high a…
IOCC GOLD OPTIONS (September 11, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .48011.002,298 Nov 390 C .1353.002,279 Nov 400 C .2731.502,296 Nov 420 C .2650.50 703 Nov 440 C * 69 0.60 861 Feb 370 C * 7314.00 81 Feb 380 C * 5810…
International meet on biohydromet
An international symposium on biohydrometallurgy, jointly sponsored by the United States Department of Energy and canmet, was staged recently in J ackson Hole, Wy. Some 278 registrants participated fr…