Spot prices at a glance (July 17, 1989)
Week’s Price (US) Change Gold* $379.50 +$ 1.10 Silver* $ 5.25 –$ 0.01 Platinum* $508.50 +$ 0.40 Nickel** $ 5.44 –$ 0.09 Lead** $ 0.31 +$ 0.01 Copper- …
Articles by Northern Miner Staff
Toronto Stock Exchange Aur and Louvem surge in wake of hot drill
Two more strong holes from what is shaping up to be the most exciting base metals strike in years kept investor interest in the shares of Aur Resources, Societe Miniere Louvem and St. Genevieve Resour…
Ansil copper mine up and running
Celebrating the 25th year of its Lac Dufault division, Minnova Inc. (TSE) has officially opened its Ansil copper mine near here. The relatively rich massive sulphide copper deposit, which also hosts z…
Peat Resources preparing sample
A bulk sample of peat fuel is being prepared for handling and burning tests by Ontario Hydro at the end of August, Peat Resources (COATS) reports. The company says peat from northern Ontario is curren…
Goldhunter options Cons. Milner claims
Toronto-based Goldhunter Explorations (ASE) recently acquired an option to earn a 60% working interest in 40 unpatented mining claims near Pickle Lake, Ont. Held by Milner Consolidated Silver Mines (A…
3 holes extend size of Aur’s discovery, intersect new zones
Eagerly awaited drill results from Aur Resources’ (TSE) massive sulphide discovery surpassed expectations judging by the reaction of the stock market. Two holes extended the zone announced earlier (N….
Partners pull good holes on Equinox properties
Drilling by Cominco Resources International (TSE) and LAC Minerals (TSE) intersected gold mineralization on two separate Nevada properties where Equinox Resources (TSE) is owner or joint venture partn…
Louvem shareholders reject special plan
Societe Miniere Louvem (TSE) said a plan of arrangement proposed to its holders of Series A First preferred shares was rejected by approximately 96% of the common shareholders who recently attended a …
Analyst sees metals shortage following recession in 1989
Investors who have enjoyed the latest upswing in base metal prices should be ecstatic in the 1990s when prices are again set to peak, according to securities firm Nesbitt Thomson Deacon. Nesbitt, whic…
Spot prices at a glance (July 10, 1989)
Week’s Price (US) Change Gold*$378.40 $ 4.65 Silver*$ 5.26–$ 0.04 Platinum*$508.10+$ 3.00 Nickel**$ 5.53+$ 0.11 Lead**$ 0.30 $ 0.00 Copper$ 1.11–$ 0.04 Zinc$ 0.76—- Courtesy of Scotiabank. I…
Agnico deal with North American
Agnico-Eagle Mines (TSE) has acquired an option to earn a 51% interest in the Vezza gold deposit and surrounding lands controlled by North American Rare Metals (ME) and Dundee-Palliser Resources (TSE)…
Explorationists give porphyry deposits another look
The recent discovery of the Mt. Milligan porphyry copper-gold deposit north of Fort St. James, B.C., has provided explorationists in the Cordillera with an important new target. But for those in the i…