Perrex in Bradette
An exploration program has been started by Perrex Resources (ASE) on a 94-claim property in Bradette Twp., Ont. The company is conducting geophysical surveys over an area near two old drill holes that…
News
FINANCING (January 01, 1990)
Kennedy River Gold — 1,000,000 offered @ 50 cents per sh. Ranger Pacific Minerals — min 600,000 offered @ 40 cents per sh. Strike Egy — 1,000,000 offered @ $1.90 per unit. Exeter Mining — 700,000 …
Metal prices tied to economy’s performance
The bull market in base metals would appear to be over, at least for a London research firm which points out that during the fourth quarter of 1989, metals “either returned to the defensive or continu…
Spot prices at a glance (January 01, 1990)
Week’s Price (US) Change Gold *$409.45 –$ 3.70 Silver* $ 5.53 –$ 0.05 Platinum* $509.25 –$ 3.75 Nickel** $ 3.82 –$ 0.33 Lead*…
Hottest base metal (January 01, 1990)
It’s being called the hottest base metals discovery since Kidd Creek and the Louvicourt Twp., Que., find of joint partners Aur Resources (TSE) and Societe Miniere Louvem (TSE) brought a sluggish June …
Metal Prices (January 01, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Dec 26 Dec 25 Dec 22 Dec 21 Dec 20 Copper …
Editorial Entering a new decade
When looking ahead to a new year it is often helpful to look back for a hint at what the future holds. No one knows what developments will take root and grow into the major issues of the months and ye…
The Northern Miner availale on microfilm across Canada
The Northern Miner is available on microfilm at the following libraries: Amax Centre, Greenwich, Conn. British Columbia Institute of Technology Burnaby Public Library Calgary Public Library CANMET Lib…
Final results from New World property
The last of the assay results were released for the 1989 drilling program on the New World property in Park Cty., Mont. Noranda Inc. is earning a 60% interest in the property from Montana-based Crown …
PRODUCER PRICES Metal Prices (January 01, 1990)
ALUMINUM: MW U.S. Market US73.00 cents – 74.75 cents per lb. (Dec 14, 1989). ANTIMONY: New York dealer US81 cents -84 cents per lb. (Nov 30, 1989). BISMUTH: New York dealer $4.40-$4.50(US) per lb. (D…
Continental files counterclaim against BP
The legal battle for control of the Mt. Milligan gold-copper deposit, north of Prince George, B.C., took another turn as Continental Gold (VSE) filed a countersuit against BP Resources Canada. Several…
Trading nets Imperial earnings
Trading profits of $2 million for the six months ended Sept 30 kept Imperial Metals (TSE) in the black. The company reported net earnings for the period of $1.33 million on operating revenues of $2.1 …