IOCC GOLD OPTIONS (January 01, 1990)
Options Open SeriesVolumeLastInterest Feb 370 C 7549.50 484 Feb 400 C 6221.702,408 Feb 410 C 5117.001,449 Feb 420 C 44411.502,669 Feb 430 C 49 7.002,546 Feb 440 C 49 4.50 949 May…
1990
Cameco shutdown
Cameco has extended the annual summer shutdown at its Blind River and Port Hope uranium refineries to four months in 1990. Both facilities will be shut down in mid-June and will resume operations in O…
Keevil to speak at Hall of Fame’s induction banquet
Keynote speaker at the upcoming second annual induction banquet and ceremony of the Canadian Mining Hall of Fame will be Norman Keevil Jr., president and chief executive officer of Teck Corp. and cha…
News in Brief (January 01, 1990)
Pegasus Gold (TSE) has declared a 10 cents (US) dividend on its common shares payable Jan 5 to shareholders of record Dec 22.
New B.C. mining tax laws take effect
New streamlined and updated mining tax laws for British Columbia mines will take effect in January, 1990, Mines Minister Jack Davis recently announced. “This simplifies administration, encourages inve…
Hard times for Hardrock during funding search
Toronto-based junior Hardrock Extension (TSE) says it is “exploring all avenues” to raise funds for exploration work on its gold property near Geraldton, Ont. An underground exploration program was pl…
Placer drilling Verse Lake claims
Placer Dome (TSE) has started an 8-hole drill program on the Verse Lake property held under option from Glen Auden Resources (TSE). The Verse Lake claims are near Chapleau, Ont. Placer is testing a se…
Editorial Mopre on the ruble
From The Gold Monitor , published by M. Murenbeeld & Associates of Victoria, B.C. But even if the ruble was backed by gold, would we in the West hold it? I doubt it. Not only is history full of cent…
Piedmont Mining back in red
Black ink turned to red for Piedmont Mining (NASDAQ) in its third quarter ended Sept 30. The company reported a loss of $411,925(US) for the period, pushing 9-month results into a loss of $399,583 or …
Frame ends talks with Giant to buy interest in Pamour
Attempts by Clifford Frame to find a buyer for the Pamour group of companies owned by Giant Resources of Australia have come to nought. The Australian parent says talks with Toronto-based Frame Mining…
Toronto Stock Exchange Falling gold pries batter precious metals
Investors found little Christmas cheer in their stockings this week as gold prices decided to test the $400 mark, dipping to $406 on London’s second fix on Dec. 27, today. The sell-off in bullion clip…
Rich drill holes maintained interest in Nevada’s Carlin
North America’s richest goldfield keeps getting richer. In August, Denver-based Newmont Gold pulled an intersection of 350 ft of 0.768 oz gold per ton from its Deep Star property along Nevada’s Carlin…