Montreal Exchange VSM assays gold
Trading picked up considerably by the end of the report period but the general index, the market portfolio, was down by more than 33 points for the week ended Sept. 11. The mining and minerals index e…
1990
Rock and Roll
If channel sampling on the Rock and Roll project are representative of overall grades, partners Eurus Resource (VSE) and Thios Resources (VSE) could be on to a good thing. Thirty-one channel samples w…
Pelangio, Quote find new gold showings
Grassroots exploration has uncovered five new gold showings on Pelangio-Larder Mines’ (COATS) North Spirit Lake property, 100 miles north of Red Lake, Ont. Including the new discoveries, gold occurren…
FUTURES PRICES (September 17, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Sept 135.20 133.80 134.80 + 6.70 Oct 132.80 132.00 132.30 + 5.40 Nov — — 130.65 + 5.25 SILVER (in US cents per …
VSM-Serem confirm new lens at Grevet
The latest drill results from the Grevet zinc project owned by Serem and VSM Exploration (ME) in northern Quebec have confirmed the recently discovered 97-zone is more than just a one-hole wonder. Alt…
Alberta Stock Exchange Ontex jumps 65 cents
Shares of Toronto-based Ontex Resources (ASE) leapt ahead 65 cents to $2.55 during the week ended Sept. 11. Investors continue to speculate on the outcome of a legal battle the company is fighting wit…
Thermal evaluates potential of copper deposit in Yukon
Equal partners Thermal Exploration (ASE) and Western Copper Holdings, an affiliate of Teck (TSE), are moving closer to a production decision at their Williams Creek copper deposit in the Yukon. The Wi…
PRODUCER PRICES (September 17, 1990)
ALUMINUM: MW U.S. Market US81.00- 83.00 cents per lb. (Aug. 30, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.00 per lb. (Aug. 30, 1990). C…
EDITORIAL PAGE Recycling lead
In this environmentally conscious world, it is worth remembering that every issue has two sides. Take lead, for example. It has been vilified for everything from the failure of 19th-century arctic exp…
FINANCING (September 10, 1990)
Agnico-Eagle Mines Limited — 3,200,000 shs and 1,600,000 wts offered @ $8.625 per unit. American Barrick Resources Corporation — 5,000,000 shs offered @ $24.50 per sh. International Suneva Resources…
Metal Prices FREE MARKET (September 10, 1990)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date September 4 September 3 August 31 August 30 August 29 Copper 1539-1565 — 1557-1559 …
Offerings would reduce holdings of Hanson in Newmont Mining
The major shareholder of Newmont Mining (NYSE) plans to reduce its holdings in the giant mining corporation. English firm Hanson, which through an affiliate owns 49% of Newmont, would lower its intere…