Armed with the proceeds of a recent US$2 million private placement, Fischer- Watt Gold (NASDAQ) is planning an aggressive exploration program on various properties in the western U.S., Mexico and Cent…
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Oct 123.90 122.65 123.50 — 5.15 Nov — — 120.20 — 6.20 Dec 118.20 115.80 117.50 — 4.25 SILVER (in US cents pe…
Options Open Series Volume Last Interest Nov. 390 C 1,050 24.00 837 Nov. 440 C 699 5.50 4,140 Feb. 410 C 544 26.00 499 Nov. 420 C 263 9.00 3,175 Nov. 410 C 247 14.00 2,797 Nov. 460 C 150 3.70 2,103 No…
New York bullion trader Sharps Pixley has agreed to provide up to $14 million in debt financing for Royal Oak Resources’ (TSE) $33- million acquisition of the Pamour (TSE) group of companies. The acqu…
Samples taken from a heavily mineralized shear zone within the Bellechasse greenstone belt in Quebec have returned some remarkable gold values along a 125-ft. strike length. Of the 27 5-lb. samples ta…
A commodities exchange recently opened in Moscow, the first such facility in the Soviet Union since the Bolshevik Revolution of 1917. The new Moscow exchange, modelled after the Chicago Mercantile Exc…
Global copper consumption is forecast to rise by 1.4% per year until the year 2000, says marketing information firm Roskill of London in its report The Economics of Copper 1990. The most important iss…
An agreement that settles all of the litigation surrounding the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide discovery, was expected to close three days behind schedule, Sept. 27…
The Dunka Road copper-nickel deposit in Minnesota will undergo further exploration following a joint venture agreement between Fleck Resources (VSE) and Nerco Exploration, a division of Nerco (NYSE). …
Senior directors of Continental Gold (TSE) are turning their attention to new opportunities now that Placer Dome (TSE) has confirmed an offer to buy all Continental shares. The major will end up with …
An informal survey by the American Copper Council indicates copper industry executives are more bearish on copper prices than bullish. Delegates to a recent New York hedging seminar were polled on the…
Following a joint venture agreement between Dingman Industries (ASE) and Soviet mining giant Glavalmazzoloto, Dingman will become one of the first Canadian mining companies to enter into the Soviet go…
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