Metal Prices FUTURES PRICES (July 10, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul103.70 100.80 101.00 — 4.80 Sep101.80 99.80 100.45 — 3.45 Dec100.50 98.65 …
News
COATS (over-the-counter Atlantic leads
Trading nearly 100,000 shares, Atlantic Goldfields led a sluggish COATS exchange this week. Atlantic’s high of 85 cents was up 11 cents from its high the week before. Atlantic has $14 million in the…
Minieres du Nord expands holdings
Concentrating its exploration efforts last year in the Matagami region of northwestern Quebec, Minieres du Nord (ME) has enlarged its main Isle-Dieu Twp. gold property and acquired by staking new prop…
Gold funds as of July 4
MPV BGR Central Capital Net value $11.75 $ 6.14 $0.57 Price $ 9.625 $ 5.38 $0.40 Discount $18.09% 12.5% 29.8% Value 69,984,711 $103,402,155 …
Colony Pacific plans underground program at Blue Moon
Before Colony Pacific Explorations (TSE) can start a deep underground exploration program at the Blue Moon polymetallic project in California, it, like all companies operating in this environmentally …
Euro-Nevada to buy Doyon mine royalty
About 60% of the shareholders of Odyno Miniere Inc. (COATS) have agreed to vote their shares in favor of an amalgamation with a subsidiary of Toronto-based Euro- Nevada Mining (TSE). Odyno Miniere is …
Midrim participating in Montana drilling
Helping to finance a drill program on a 121-claim group north of Pipestone Hot Springs, Mont., is Midrim Mining (COATS), which may earn up to a 35% interest in the property. Balance of the property wi…
Mishibishu discovery team …photo
Standing astride the outcrop that revealed the new gold showing on the western extension of the Mishibishu gold belt are: (left to right) John Harvey, president of Hemlo Gold Mines and Noranda Explora…
Bond/Homestake rationalization proceeding at Kalgoorlie mine
The word “rationalization” is used often these days, mostly to describe an effort to improve profitability. It’s also a popular expression at Bond International Gold (NYSE) which has combined its mini…
Nesbitt M & A chart
A chart of merger and acquisitions in the mining industry which was published in the June 19 issue of The Northern Miner, is available from its author Julian Baldry, a mining analyst with Nesbitt Thom…
Soil replacement for Murdochville
The Mines Gaspe division of Noranda Minerals has some “beautification” plans for its home base of Murdochville, Que. The company, over a 5-year period, hopes to restore residential land by correcting,…
B.C. miners dig deep for children’s hospital
More than $280,000 was raised for the Vancouver Children’s Hospital recently by the British Columbia mining community. Entitled “Mining for Miracles,” the campaign involved the efforts of mining compa…