Near production? Prices are bright
Nobody knows what the price of gold and other precious metals will be next k year at this time, but anybody who has been following the stock market in 1987 shouldn’t have to be told about today’s favo…
Articles by Northern Miner Staff
Amca Starting small, but aiming high
The spectrum of heap leach gold plays in the southwest U.S. is broad indeed. On one side are multi- million dollar projects expecting to produce more than 150,000 oz of gold per year. And on the other…
Alberta Stock Exchange Jilbey catches the eye
The mover which caught the eye this week was Jilbey Industries, a company which only a month ago was trading in the 60 cents range. The issue closed at a new high of $2.55, up from $1.40 last week. J…
OSC announces COATS check
Coats is going to be given a report card. A task force has been established by the Ontario Securities Commission to review the Canadian Over-the-Counter Automated Trading System and to determine if an…
Montreal exchange Denn’or shares popular
New information from an exploration program on the former Val d’Or East Sullivan concession in Bourlamaque Twp. in northwestern Quebec has been released by Denn’or Exploration, which closed up 12 cent…
Aur Resources and Rogi in Quebec gold joint venture
A joint-venture agreement has been entered into by Aur Resources and Rogi Exploration whereby Rogi may earn a 40% interest in Aur’s Annamaque-Faraday property, about 7 mi southeast of Val d’Or, Que., …
Companies pool lands in Iskut River area
American Ore reports it has pooled its lands in the Iskut River area of northwestern B.C. with those of Golden Band Resources in the area, under an agreement made between American Ore, Golden Band, an…
PRODUCER PRICES (June 15, 1987)
ALUMINUM: MW U.S. Market 70.00 cents -72.50 cents per lb. (May 28, 1987). ANTIMONY: New York dealer $1.18-$1.23 per lb. (May 14, 1987). BISMUTH: New York dealer $3.30-$3.40 per lb. (May 28, 1987). CAD…
NSR Resources
Toronto-based NSR Resources has entered into an agreement with Middlefield Resources Ltd. to raise 2.8 million for its share of an exploration program on the Rand Malartic gold property in Fourniere T…
Exploration work planned by Energy
A program of line cutting, geophysical and first phase of a diamond drilling program is planned by Alberta-listed Energy International Overseas Corp. on its newly- acquired Bernier group of claims nea…
Metal Prices FREE MARKET London Metal Exchange (June 15, 1987)
Spot closing prices in Pound Sterling per tonne Date June 9 June 8 June 5 June 4 June 3 Copper 951-952 957-958 913-914 946-947 938-939 Lead 371-373 38…
Placer selling Equity shares
Placer Development has agreed to sell 4.82 million common shares of Equity Silver Mines to Dominion Securities and Nesbitt Thomson Deacon as underwriters. Price of the shares will be $12.50 each. Plac…