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Metal Prices FREE MARKET (September 17, 1990)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date September 11 September 10 September 7 September 6 September 5 Copper 1735-1740 1730-…


Breakwater completes Caribou acquisition

With the acquisition of all of the shares of Bathurst Base Metals, Breakwater Resources (TSE) has secured a 100% interest in the Caribou lead-zinc mine near Bathurst, N.B. Bathurst has amalgamated wit…


Kemess drilling cuts wide intersects

Recent drilling on the South Kemess project in the Toodoggone region of north- central British Columbia has returned wide intercepts of copper- gold mineralization. El Condor Resources (VSE) and a uni…


Golden Rule assays

Calgary-based Golden Rule Resources (TSE) has completed a 5,289-ft. diamond drill program on its Kaslo property in the La Ronge gold belt of northern Saskatchewan. Significant intersections from the 8…


Insider Trading Ewanchuk profits from Corona deal

Henry Ewanchuk, a former senior executive with the Toronto- based Corona (TSE) group, recently made a substantial profit after exercising an option to purchase shares of the company at a discount to t…


New Silidor mine achieves planned production rate

Five months after entering production, the Silidor gold mine lying just outside of this city has reached its planned production capacity of 33,000 tonnes per month. The mining operation, officially op…


Spot prices at a glance (September 17, 1990)

Week’s Price (US) Change Gold* $380.65 — $3.95 Silver* $4.80 + $0.04 Platinum*$455.45 — $29.05 Nickel** $5.41 + $0.45 Lead** $0.39 $0.00 Copper- $1.54 + $0.22 Zinc– $0.73 + $0.02 Courtesy of Scotia…


19 million tons outlined on Goldex Extension

Partners Goldex Mines (TSE) and Ormico Exploration (ME) have successfully increased the mineral inventory at the Goldex Extension zone to 19.4 million tons grading 0.070 gold per ton. An underground e…


Time running out on Lencourt’s option

Its a race against time as Lencourt (TSE) seeks formal approval from the Zaire government to purchase a Zairean mining company. Lencourt’s option to purchase a 72% interest in Sominki, a tin and gold …


Big Springs showcase for Nevada mining

The Big Springs gold mine 60 miles north of this thriving community isn’t the newest or the largest mining operation in the state. It does, however, have the unique distinction of being the first hard…


Sphinx heap-leachs gold in Quebec

Mention heap leaching and a person immediately thinks of the southwestern United States, where large tonnage, low-grade deposits are being mined year-round to yield relatively inexpensive gold. North …


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