Metal Prices FREE MARKET (February 15, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Feb. 9 Feb. 8 Feb. 5 Feb. 4 Feb. 3 Copper 1319-1320 1299-1302 1360-1365 1322 -1325 1257-1258 Lead …
News
Continental on ME
Incorporated in 1956 (as Continental Utilities Ltd.) in Alberta and initially in pipeline engineering design and feasibility studies related to natural gas distribution franchises, Continental Researc…
Stockmen looks for gold at Quebec iron prospect
After entering an agreement to buy a large iron property in Delestre, Que., Calgary-based Stockmen Minerals says it has set out to examine the prospect for possible gold reserves. Located 35 km north …
Alberta Stock Exchange Pelham is higher
A planned resumption of gold production at the Louanna mine near Nakina Ont, made Pelham Gold a popular issue in an otherwise low key trading session. In a joint venture with Vancouver- based Cumo Res…
Investment Comment ERG issue a bargain, analyst says
While ERG Resources is preparing to test its brand-new Timmins, Ont., tailings project, the company’s annual meeting in Montreal was obviously not at the top of anyone’s social calendar. An uneventful…
Teething problems over at Mascot mine
It’s fair to say that Mascot Gold Mines’ Nickel Plate project near Hedley, B.C., has endured its share of teething problems. But for most new mines that’s all part of growing up — the school of “hard…
Pelham and Cumo to mine Louanna tailings
As soon as the weather permits, production will begin again at the Louanna gold mine at Nakina, Ont. After a 3-year break, partners Cumo Resources and Pelham Gold are about to start a 2-stage program …
People (February 15, 1988)
Getty Resources — Jean-Pierre Januard appointed president and chief executive officer; Phillip de Boos-Smith, Jacques Le Chevalier and Pierre January appointed directors.
Metal Prices PRODUCER PRICES (February 15, 1988)
ALUMINUM: MW U.S. Market 90.00 cents -93.00 cents per lb. (Jan 28, 1988). ANTIMONY: New York dealer $1.14-$1.18 per lb. (Jan 14, 1988). BISMUTH: New York dealer $5.10-$5.30 per lb. (Jan 28, 1988). CAD…
News in Brief (February 15, 1988)
Greyhawk Resources and another Vancouver-listed junior exploration company, Willcrest Resources, have both rejected an offer from The Quinto Mining Corp. to buy back their 25% interests in the Lumby …
Stroud extends strike
Drilling has increased the strike length of the mineralized zone on the Leckie property, held by partners Stroud Resources and Exador Resources. Exador has the right to earn a 30% interest in the proj…
Nevada claims map
A detailed map of unpatented lode mining claim locations in Nevada — said to be the first of its kind — has been published in the U.S. The map, published by D. K. Marjaniemi & Associates, locates 1,…