News


FUTURES PRICES (July 04, 1988)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 105.50 102.05 105.40 — 2.95 Sep 100.00 96.80 100.00…


Editorial Giving birth to a giant

July 1, Canada Day, will mark the beginning of a new major mining company in Canada. That’s the day a merger of Eldorado Nuclear and the Saskatchewan Mining Development Corporation is expected to clos…


Metal Prices PRODUCER PRICES (July 04, 1988)

ALUMINUM: MW U.S. Market $1.30-$1.40 per lb. (June 23, 1988). ANTIMONY: New York dealer $0.92-$1.00 per lb. (June 23, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …


Letters to the Editor Gold price being manipulated?

Having been an observer of the gold scene for many, many years, I thought it was about time I got something off my chest. The price of gold is being artfully manipulated. It has been for several years…


Lenora focuses on Sask. project

The Beaverlodge gold area of northern Saskatchewan is the current focus of exploration attention of Lenora Explorations (TSE), President Robert Kasner said at the annual meeting. A feasibility study i…


Surf Inlet seeks partner to explore Matachewan bet

A new company may be joining the exploration team in the search for gold at the Princess Royal Island claims in British Columbia’s Skeena division, shareholders of Matachewan Consolidated Mines (TSE) …


Mazarin search includes graphite

For the third consecutive year, Mazarin Inc. (TSE) and Fonds d’Exploration Miniere du Nouveau- Quebec are exploring in the area of Fermont in northern Quebec, where showings of kyanite, graphite and s…


Fleck option deal

An agreement has been completed between Fleck Resources (VSE) and Consolidated Silver Standard Mines (VSE) which gives Fleck the option to earn a 65% interest in Silver Standard’s Smith property. Loca…


Most mines cost $200(US) to operate

According to a study by Andre Lemieux of the federal department ofEd Resources, cash operating costs of the 45 mines inCose sole or most valuable product was gold averaged$ut $200(US). Those mines acc…




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