News


Corona/Huntington active at Brett

Work is under way on the first phase of a 2-phase exploration program at the Brett gold property 25 km west of Vernon, B.C. Operator Corona Corp. (TSE) reports the first phase will involve the drilli…


Metal Prices PRODUCER PRICES (May 29, 1989)

ALUMINUM: MW U.S. Market US99.50 cents – $1.02 per lb. (May 18, 1989). ANTIMONY: New York dealer US95 cents -99 cents per lb. (Apr 27, 1989). BISMUTH: New York dealer $6.40-$6.55(US) per lb (May 11, …


Sherritt getting concentrate

Sherritt Gordon Ltd. (TSE) is beginning to receive nickel concentrate from the Redstone nickel mine near Timmins, Ont. The mine is expected to produce 10 million lb of nickel in concentrate per year. …



Battle for Atlanta Gold heats up

The gloves are off in the battle for control of Atlanta Gold Corp. (TSE) and its key asset, the advanced and 100%-owned Atlanta gold property in Idaho. Vancouver-based Atlanta is attempting to fend of…


Analysts see further declines in gold price

It’s difficult these days to find anyone making a bullish case for gold, at least for the immediate future. The price of the precious metal, in the $41 0(US) per oz range at the start of the year, has…


Tusk exercises option

Tusk Minerals (ASE) has exercised its option to earn an additional interest in a gold-copper property near La Ronge, Sask. The property includes the former producing Anglo-Rouyn mine which closed in 1…


INSIDER TRADES (May 29, 1989)

Barron Hunter Hargrave — J. Hargrave sold 65,000 (Mar, Apr) @ 5 cents -7 cents to hold 2,715,200. S. Hargrave sold 91,000 @ 7 cents -8 cents to hold 1,629,700. Cheni Gold — E. Phillips bought 10,0…


Bond International to boost production

With mining interests in North America, Chile and Australia, Bond International Gold (TSE) is aiming to boost its gold production to over 500,000 oz in fiscal 1989. The large gold producer turned out …



FUTURES PRICES Metal Prices (May 29, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 112.00 109.00 109.30 — 7.80 Jul 113.00 109.00 110.60 — 4.60 Sep 112.50 109…


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