Montreal Exchange Barexor issues popular
Trading more than 1.7 million shares on the Montreal Exchange this week was Barexor Minerals, the activity attributed by a spokesman mainly to the naming of a new president of the company. Barexor, wh…
1987
Tyler trades on TSE
The shares of Calgary-based Tyler Resources began trading on the Toronto Stock Exchange under the stock symbol “tys” effective April 28. The original listing is in the mining category for 6,674,833 co…
Goldcorp to enter gold bullion loan business
In a bid to lower the perennial discount evident in all gold funds, Goldcorp Investments plans to add more lustre to the fund by arranging gold bullion loans. The move is designed to use a portion of …
Metal Prices FUTURES PRICES N.Y. Mercantile Exchange (May 11, 1987)
Week’s High Low Close Change PLATINUM (in US$ per oz.) May 630.00 630.00 617.20 — July 639.00 616.00 623.20 +29.00 Oct. 645.00 625….
Ore body extended by Golden Hope, Golden Group
Recent drill results from the Estrades property in northwestern Quebec have “extended the main orebody laterally while concurrently establishing better continuity within the sulphides and gold deposit…
Metal Prices PRODUCER PRICES (May 11, 1987)
ALUMINUM: MW U.S. Market 65.00 cents -66.50 cents per lb. (Apr 23, 1987). ANTIMONY: New York dealer $1.15-$1.20 per lb. (Apr 23, 1987). BISMUTH: New York dealer $2.70-$2.85 per lb. (Apr 23, 1987). CAD…
Copper seminars
Toronto’s Four Seasons Hotel on Avenue Rd. will be the site June 15-16 of the American Copper Council’s two educational seminars, Copper 101 and Copper 201. Featured speaker for the program will be Si…
Alberta Stock Exchange Cdn. Gold up on deal
Volume leader, Canadian Gold Resources continued to advance, adding another 20 cents to $2.10. Gold intersections reported from the company’s Dik-Dik property near Geraldton, Ont., were encouraging, …
Barrick drilling hot at Goldstrike
Deep drilling at the Goldstrike property in the Carlin gold belt area of Nevada by operator American Barrick Resources continues to produce significant results. Six holes have been completed since tha…
Production rate goes up at Pioneer’s Puffy Lake
Ore reserves have nearly doubled at Pioneer Metals’ Puffy Lake gold project and with this increase comes an expanded mill throughput to 1,000 tons per day. As a result of a recently completed diamond …
Westar has quarter profit, gears for a tough market
Under constant pressure from Japanese consumers to lower prices and volumes, coal producers like Westar Mining have been forced to control costs to remain competitive. That fact has been reflected in …
Aussies give Cdn junior a facelift
Shareholders of Vancouver-listed Consolidated Reactor Uranium Mines have approved the take-over of their inactive, indebted company by Mineral Commodities Limited Group (mclg), formerly Woodsreef Mine…