Metal Prices PRODUCER PRICES (July 25, 1988)
ALUMINUM: MW U.S. Market $1.22-$1.29 per lb. (July 7, 1988). ANTIMONY: New York dealer $0.95-$1.05 per lb. (July 7, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New Yo…
News
Thor to earn interest in Big Hurrah project
Calgary-based Thor Gold (ASE) has signed a letter of intent to earn a 70% interest in Golden Zone Developments’ (VSE) Big Hurrah project on the Seward Peninsula about 45 miles east of Nome, Alaska. Th…
Silver increase by Coeur d’Alene
A 20% increase in silver production is expected by Coeur d’Alene Mines in 1988, according to Dennis Wheeler, president and chief executive officer. Over-all production for the year is expected to be s…
Metal Prices FUTURES PRICES (July 25, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul 100.00 96.80 99.90 + 3.65 Aug 96.50 96.50 99…
Rio ’89 meetins
A call for papers has gone out for the 13th International Geochemical Exploration Symposium and the 2nd Brazilian Geochemical Congress slated for Rio de Janeiro Brazil, Oct 1-6, 1989. Sponsors of the …
Lead supply adequate to meet demand
While demand for lead has been steady of late, there appears to be an adequate supply to meet that demand, writes Metals Economics Group of Halifax, N.S., in a recent report on the base metal which is…
People (July 25, 1988)
HUDSON RESOURCES — Peter Haladin acting as president and director due to the resignation of Joseph Balint.
Toodoggone drilling yields mixed results
Assay results from the first phase diamond drill program on the Golden Stranger claims has returned a 10 ft section grading 0.207 oz gold per ton, according to the joint venture partners in the Toodog…
Cominco options Tom from Hudson Bay M&S
Cominco Ltd. (TSE) has concluded an agreement with Hudson Bay Mining & Smelting (TSE) to explore the latter’s Tom lead-zinc property in the Yukon. The Tom property is located on the Canol Road, close …
INSIDER TRADES (July 25, 1988)
Cuvier — J. Lundrigan bought 12,500 to hold 183,000. Dundee-Palliser — Cons Talcorp sold 46,000 to hold nil. Kerr Addison — I. Bayer sold 6,000 (May) to hold 56,261. Mark Res — K. Hebben sold 100,…
Toronto Stock Exchange Gold bullion’s rise fails to spark trading
Bullion registered a strong $9 gain this week to $444.80 (US) on London’s second fix today. Gold reacted to a sell-off of U.S. dollars and renewed hostilities between Iran and Iraq in the Persian Gulf…
Spectacular results bode well for Muscocho group’s Magnacon
Partners Flanagan McAdam Resources (TSE) (50%), Muscocho Explorations (TSE) (25%) and Windarra Minerals (VSE) (25%) have announced a flurry of drill ** results from the Magnacon property which can on…