Metal Prices Futures Prices N.Y. Mercantile Exchange (March 16, 1987)
High Low Close Change PLATINUM (in US$ per oz.) March — — 530.10 — April 535.00 526.50 532.30 + 2.10 July 539.50 532.00 537.50 …
News
Vancouver Stock Exchange Investors turn to speculative stocks
It’s been another record-breaking week on Vancouver. Trading volume has reached levels last seen when gold was twice the price it is today, suggesting perhaps the market is anticipating an uptick. In …
Write Wilson – help save flow through
What would happen to you, your family and your business should Finance Minister Michael Wilson decide to cancel flow- through financing? As Minister of State (Forestry & Mines) Gerald Merrithew told T…
Holmer drilling at Tashota bet
Drilling is under way on Alberta- listed Homer Gold Mines’ 100%- owned Tashota property north of Geraldton, Ont., reports President K. Sethu Raman. The first drill hole tested anomaly No 16 with a kno…
Cane Corporation in joint venture
Cane Corp. reports it has a joint venture agreement with Cominco Ltd. to test several geophysical conductors in the Grassberry River area of Saskatchewan. Cane says it can earn a 40% beneficial intere…
ENVIRONMENTAL AWARD for Mine Doyon
La Mine Doyon in northwestern Quebec recently won an award for environmental protection at the eighth annual Mercuriades competition in Montreal. Organized by the Quebec Chamber of Commerce, the Mercu…
Funds committed
Perrex Resources says it expects to spend most of its exploration funds — $2 million this year and $1 million in 1988 — in the Harker Holloway gold camp area in northeastern Ontario, on its property…
Golden Reward fight could be ended soon
An agreement in principle has been reached between the various parties involved in an ownership dispute over the Golden Reward gold project in South Dakota. Coin Lake Gold Mines says that all the part…
People (March 09, 1987)
Equity Silver Mines — R. T. (Terry) Heard appointed general manager exploration.
Lakeshore program
Geochemical sampling has been completed on Lakeshore Minerals’ property in Maricopa Cty., Ariz. The work has identified several zones of anomalous gold values associated with arsenic and antimony. Du…
17 Canadian gold properties ready to go into production
Seventeen Canadian gold mining projects have been given the green light to go into production which, combined, will add almost a million ounces of gold to the country’s annual output. All but five of …
$4.5 million programs in Massive group plan
Massive Resources and associated Master Resources, and Sands Minerals have adjacent claims in the Favourable Lake, Pickle Lake and Pangis-Batchawana areas of Ontario. Recently, Massive acquired an opt…