Spot prices at a glance (November 21, 1988)
Week’s Price (US) Change Gold (per oz) $422.60 + $ 3.10 Silver (per oz) $ 6.38 — $ 0.03 Platinum (per oz) $583.00 + $ 1.00 Copper (per lb) $ 1.39 — $ 0.12 …
Week’s Price (US) Change Gold (per oz) $422.60 + $ 3.10 Silver (per oz) $ 6.38 — $ 0.03 Platinum (per oz) $583.00 + $ 1.00 Copper (per lb) $ 1.39 — $ 0.12 …
A private placement agreement has been signed between Manson Creek Resources (VSE) and Golden Rule (TSE) where Golden Rule will purchase up to one million units of Manson Creek at a price of 40 per un…
Recently listed for trading on the Montreal Exchange was Mispec Resources (symbol MPE) of Saint John, N.B. Mispec, incorporated in 1986, owns mining rights to three New Brunswick properties: in the Ca…
Increased sales volumes brought about by higher production of silver, gold and copper, and sales from opening concentrate inventory helped boost earnings for Equity Silver Mines (TSE). The company’s m…
Preliminary assay results from a recent surface drill program on the Golden Zone project in south-central Alaska were released by operator, United Pacific Gold (VSE), a semi-independent exploration su…
Forward sales and higher grades of ore processed at the Cannon mine contributed to a substantial increase in net earnings for Breakwater Resources (TSE) for the nine months ended Sept 30. The company …
An aggressive exploration approach is being taken by Hillsborough Resources (TSE) on its Mount Slocomb property in northern British Columbia. The company recently completed a field program under the d…
Hudson Bay Mining and Smelting Co., (TSE) and Outokumpu Mines have formally commissioned a new nickel/copper mine at Namew Lake in northern Manitoba. The $70 million project, the first new underground…
Metals Week’s second lead-zinc conference will be held on March 6-7, 1989 at The Pointe at Squaw Peak in Phoenix, Az. For more information contact Mary Ann Whalen at (212) 512-2823.
Recently exercising its option to purchase 250,000 shares of Crown Butte Resources (VSE) at $2.40 per share was Noranda Inc., which now owns 18.4% of the former. Earlie thi year Norand acquire …
The Oct 17th issue of The Northern Miner recently carried an article by Professor Jerry White addressing the promotion of precious metals stocks by “boiler room sales promotions” (N.M., Oct 17/88 Mini…
A much-expected Republican election victory combined with concerns of a Liberal government in Canada kept the market twitching nervously. After a couple of days of steep declines earlier in the week w…
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