Bridger developing 200-tpd gold mine in Chile
Although dwarfed by a number of mega-mine projects nearby, Bridger Resources (VSE) is aiming to produce about 37,500 oz gold per year from a modest-sized mine project being built in the Maricunga dist…
News
Ketza costing Canamax $5 million
The cost of purchasing Pacific Trans-Ocean Resources’ (TSE) 50% interest in the Ketza River gold mine is eventually going to cost Canamax Resources (TSE) about $5 million when all the figures are tall…
Harapiak resigns Belmoral position
The chairman of Belmoral Mines (TSE), Kenneth Dalton, has taken over the presidency of the gold producer following the resignation of Steven Harapiak. A press release from the company states Harapiak …
Campbell selling phosphate property
Toronto-based Campbell Resources (TSE) says it has sold its 50% interest in the Martinson/ Cargill phosphate properties in northern Ontario to concentrate on its Chibougamau, Que., gold mines. Newphos…
Toronto Stock Exchange Firming bullion provides boost to gold index
Strengthening gold prices gave a much-needed boost to the wilting gold and silver index which advanced by 165.63 pts or 2.86% today to close at 5959.94 pts. Overall market performance was mixed with a…
Eanrings Report
A first-quarter loss of $633,225 (US) or 4 cents per share was reported by Bunker Hill Mining (VSE). In the same period last year the company lost $752,286 or 6 cents per share. At the end of the qua…
Owenbrook to drill
Owenbrook Resources (COATS) plans to complete about 1,500 ft of diamond drilling this year on its Hawkins Twp., Ont., gold property. Other than this planned work, the company has generally been inacti…
CORRECTION:
Contrary to what was reported in the June 26 issue of the Northern Miner, a unit of Crown Butte Resources (VSE) is under way with a $1.5 million(US) drill program on the New World property in Montana …
Metal Prices (July 10, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 4 July 3 June 30 June 29 June 28 Copper 1538-…
IOCC GOLD OPTIONS (July 10, 1989)
Options Open Series Volume Last Interest Aug 370 C * 94 14.00 720 Aug 380 C * 260 9.00 1,870 Aug 390 C * 159 5.00 1,831 Aug 400 C * 1,552 2.60 2,889 Aug 420 C * 59 …
Toronto Stock Exchange Indices (July 10, 1989)
1989 July 4 July 3 June 30 June 29 June 28 HIGH LOW Composite “300” 3756.30 Holiday 3760.91 3743.46 3766.57 3806.03 3353.13 Metals & Minerals 3263.34 Holiday 3278.08 3263.21 3292….
Metals on the leading edge of technological breakthroughs (2)
This is the conclusion of an article, the first part of which appeared in the June 12/89 issue of The Northern Miner. The major metals may attract most of the attention, but the minor metals have a si…