Alberta Stock Exchange Montclerg shoots up
The recent gains made by Montclerg Resources seem to reflect investors’ excitement over the company’s acquisition of the former Temagami Gold Mines property in Delhi Twp., near Sudbury, Ont. While onl…
News
Bank commodity index at virtual standstill
Seasonal strength in energy and agricultural prices in October offset declining metals and forest products, resulting in a slight increase in its all-commodity price index, Scotiabank reports. The all…
Survey of geologists supports registration
A survey of more than 3,000 geologists and other earth sciences professionals in Ontario has produced an overwhelming response in favor of professional registration, the Committee for the Professional…
Newmont quarterly results affected by Peabody plan
Denver-based Newmont Mining (NYSE) reported third quarter net income of $25.8 million(US) or 38 cents a share, compared with a previously restated loss of $52.7 million or 78 cents per share in the …
Metal Prices FUTURES PRICES (December 11, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec106.50 105.20 106.20 — 6.40 Jan104.80 103.90 104.20 — 6.35 Feb104.20 103.70…
Abcourt, Val d’Or finish geophysics at Bardome project
A geophysical program carried out on the Bardome base metals property north of Val d’Or, Que., was completed recently by partners Val d’Or Resources (ME) and Abcourt Mines (ME). Val d’Or Resources is …
Queries Goldhurst selling Mouska royalty
I have a certificate for 1,000 shares of Goldhurst Resources. According to information sent to shareholders, Goldhurst owns a 2% net smelter royalty interest in Cambior’s Mouska gold project situated …
Gold funds as of Dec 5
MVP BGR Central Capital Net value $12.30 $6.38 $0.52 Price $11.25 $6.50 $0.38 Discount 8.54% 1.9% 27% Value $72,897,506 $10…
Wrightbar custs stringers at 1,600 ft on Bourlamaque bet
Wrightbar Mines (ME) says copper stringer mineralization has been intersected in a 1,600-ft drill hole on the southern half of Wrightbar’s Bourlamaque Twp. property east of Val d’Or, Que. The announce…
Costigan set to drill New Brunswick claims
Toronto-based Costigan Gold (COATS) is undergoing a reorganization which will see the company raise $300,000 through a private placement. The funds will be used to conduct a diamond drilling program o…
Events surrounding Aur, Louvem back to June ’87 subject of dispute
The pre-trial phase of what could be a lengthy court battle involving Aur Resources (TSE) and Societe Miniere Louvem (TSE) began in Montreal recently. Officials from both companies will give evidence …
Montreal Exchange: Graphite partner
Light-to-moderate, mixed trading featuring a 41.5-point tumble in the mining and minerals index marked share activity for the week ended Dec 5. The market portfolio finished ahead almost 15 points on …