Metal Prices (October 09, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 3 Oct 2 Sept 29 Sept 28 Sept 27 Copper 179…
News
Selection committee ponders next Hall of Fame inductees
Nominations have been received and the selection committee of the Canadian Mining Hall of Fame (CMHF) is busy working to select the eight inductees who will be honored in the second round of induction…
Sikaman makes wollastonite find
Sikaman Gold Resources (TSE) has made a wollastonite find during the course of gold exploration on its Gilbert property in Nevada. Prospecting has identified three zones, the largest of which strikes …
Tests confirm gold grade at Touquooy says Seabright
Initial mill tests have confirmed the grade of the Touquoy gold deposit, Seabright Explorations (TSE) says. Situated near Moose River, N.S., the Touquoy hosts drill-indicated reserves of 1,059,000 ton…
Metal Prices PRODUCER PRICES (October 09, 1989)
ALUMINUM: MW U.S. Market US79.00 cents – 79.50 cents per lb. (Sept 28, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. …
Tundra/High Frontier in property pact
Drilling will soon be under way by High Frontier Resources (VSE) on one of eight properties in Louvicourt Twp., Que., the company has optioned from Beaufield Resources (TSE). The properties are near t…
ATLANTIC REPORT Review of Nova Scotia’s potential
In recent years, geologists have learned some hard lessons about gold exploration in Nova Scotia’s Meguma Group. However, mining professionals who spoke at a recent Atlantic Geoscience Society meeting…
IOCC GOLD OPTIONS (October 09, 1989)
Options Open SeriesVolumeLastInterest Nov 370 C 69 8.001,998 Nov 380 C 76 3.203,129 Nov 400 C 150 1.002,528 Nov 420 C 129 0.60 650 Feb 380 C 5711.50 496 Feb 390 C 61 6.00 437 May 390 C 219…
Inco captures Canada Export
Inco Ltd. (TSE) of Toronto is among 15 successful Canadian exporters that have been named winners of the 1989 Export Award. The awards, presented annually by External Affairs and International Trade C…
The old
Nerco Minerals has gone a long way in modernizing the Con gold mine at Yellowknife, N.W.T. At left is the old C-1 headframe while the new headframe is pictured on the right. The mine was purchased at …
Uranium share offering
A public offering of up to two million common shares is being planned by Uranium Resources (TSE). Offered only in Canada, the issue is being underwritten by Jones, Gable & Co. and Loewen, Ondaatje, Mc…
Toronto Stock Exchange Indices (October 09, 1989)
1989 Sept 26Sept 25Sept 22Sept 21Sept 20HIGH LOW Composite “300”3921.003901.243909.473901.343906.454019.623353.13 Metals & Minerals3647.743620.913643.463644.693667.363919.203207.50 Integrated mines…