PRODUCER PRICES (October 29, 1990)
ALUMINUM: MW U.S. Market US81.50- 85.50 cents per lb. (Oct. 18, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…
1990
NEWS IN BRIEF (October 29, 1990)
Geologists from all over the globe will meet in Toronto, Ont., May 27-29, 1991. The conference, sponsored by the Geological Association of Canada and the Mineralogical Association of Canada, will incl…
Battle Mountain ups reserves in Bolivia
Exploration work by Battle Mountain Gold (TSE) on the company’s 51% owned Kori Kollo gold property in Bolivia has substantially increased minable reserves at the project. Kori Kollo is situated southe…
Noble, Borealis to terminate deal
Termination of a joint venture involving gold property southwest of Rankin Inlet, N.W.T., has been agreed to by Noble Peak Resources (ASE) and Borealis Exploration (ASE). Borealis will transfer to Nob…
INSIDER TRADING Kaiser has faith in Madeleine bet
Oklahoma oilman George Kaiser continues to show confidence in the prospects for Toronto-based Madeleine Mines (TSE). The chairman of Kaiser Francis Oil Co., who already owns more than 10% of Madeleine…
Books in review Surface Water Hydrology
Surface Water Hydrology, edited by M.G. Wolman and H.C. Riggs. Published by The Geological Society of America, 3300 Penrose Place, P.O. Box 9140, Boulder, Colo. 80301. 374 pages. $60 (hardcover). The …
Denison sell-off
Toronto-based Denison Mines (TSE) has put nearly 100 pieces of mobile mining equipment up for sale from its Elliot Lake uranium mine, following a downsizing of operations at the site earlier this year…
Aurochs explores copper-gold bet in Gaspe region
Montreal-based Aurochs Exploration (ME) is gearing up to explore two new gold and copper showings in the Matapedia Valley area of Quebec’s Gaspe region. The showings, discovered by a prospector, are s…
Armistice negotiates Dynatec financing
A long-term credit facility worth $1.5 million has been signed by Armistice Resources (ME) with Dynatec Mining, a subsidiary of Dynatec International. Security for advances under the facility are Armi…
Eurus’ drilling confirms strike extension of 21C zone
A recent hole drilled by Eurus Resource (VSE) to test for the projected strike extent of the Eskay Creek 21C zone returned a 13.1-ft. intersection (636.3-649.4 ft.) grading 0.96 oz. gold and 3.16 oz. …
EDITORIAL Restoring confidence
There is a credibility crisis developing in the Canadian mining industry. The public is losing confidence in the industry’s ability to objectively state the merits or potential merits of a mineral pro…
Vancouver Stock Exchange Rhodes active in Arizona, B.C.
Vancouver market players are pulling in their horns, keeping their powder dry, or sitting on the sidelines. These euphemisms roughly translate to being plain scared of putting their money in the marke…