Spot prices at a glance (May 14, 1990)
Week’s Price (US) Change Gold* $369.70 — $0.80 Silver* $5.00 + $0.00 Platinum* $476.25 — $0.50 Nickel** $4.04 — $0.27 Lead** $0.37 + $0.01 Copper- $1.31 + $0.04 Zinc– $0.84 + $0.05 Courtesy of Sco…
News
GoldTech 4 at Reno
GoldTech 4, the fourth in a continuing series of gold technology meetings, will be held in Reno, Nev., Sept. 10-12. It is sponsored by the Society for Mining, Metallurgy, and Exploration. Topics inclu…
FUTURES PRICES (May 14, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) May 120.50 118.20 120.40 — 1.70 June 116.50 115.90 116.40 — 0.90 July 112.40 110.10 112.15 — 0.85 SILVER (in U…
Belmoral selling Roddy stake to unnamed west coast group
An attempt by Belmoral Mines (TSE) to restructure an $8-million debt load took a new turn recently when it agreed to sell its interest in Roddy Resources (TSE) to a Vancouver-based group of companies….
Platinum trophy
Some compete for gold and silver, and others for platinum. The best soccer player in the World Cup tournament taking place in Italy this year, as judged by readers of an Italian television magazine, w…
Beep Mat improves
The National Research Council of Canada has granted Instrumentation GDD $59,000 to continue research on the “Beep Mat,” an exploration tool used to detect metallic mineralization. Edwin Gaucher, the i…
Kingswood seeking partner in Quebec
Toronto-based Kingswood Explorations (ASE) says it is seeking a joint venture partner to continue exploration on its 404-claim gold property in Lanouillier and Gaudet twps., Que.
Northern Dynasty involved with Placer
Following the acquisition of the WX Syndicate, Placer Dome U.S., a unit of Placer Dome (TSE), is an equal partner with Northern Dynasty Explorations (TSE) in the Little Bald Mountain mine. The mine, a…
Val d’Or negotiating deal with Abcourt
An option to acquire a 100% interest in the Vendome zinc deposit in Barraute and Fiedmont twps. near Val d’Or, Que., will be exercised, Ressources Val d’Or (ME) says. The junior is finalizing a series…
Total Energold Plexus deal on
The on-again, off-again, private placement between Total Energold (TSE) and Plexus Resources (TSE) is back on track. The deal, identical to the one cancelled in early April, will see Total buying a pr…
CAME papers available
The proceedings of CAME’90, a 2-day meeting on computer applications in mineral exploration held recently in Toronto, are now available. Noteworthy are the dos and don’ts for each step of the explorat…
Glamis options Randsburg lands
An option on 30,000 acres of mineral holdings near Randsburg, southern California, was recently acquired by Glamis Gold (TSE) from Denver- based DRX Inc. Glamis notes that much of the land is contiguo…