Metal Prices FUTURES PRICES (December 07, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Dec 120.00 117.20 119.95 + 8.65 Mar 107.50 104.70 106.70 — May 105.50 98.00…
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Metal Prices FREE MARKET (December 07, 1987)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Dec. 1 Nov. 30 Nov. 27 Nov. 26 Nov. 25 Copper 1495-1505 1520-1525 1520-1540 1556-1566 1580-1582 Le…
PRODUCER PRICES (December 07, 1987)
ALUMINUM: MW U.S. Market 80.00 cents -82.50 cents per lb. (Nov 19, 1987). ANTIMONY: New York dealer $1.10-$1.14 per lb. (Nov 19, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CA…
EDITORIAL Why not back a winner?
What is it Canadians have against success? It seems that once an enterprise in this country shows it’s worthwhile it must either move elsewhere or suffer the slings and arrows of a disgruntled popul…
Northumberland to take another look at old mine
The decision to go underground once again in the Goldenville district of Nova Scotia — probably the first real boom gold camp in Canada, starting in 1860 — should be made late this month, according …
Parklane finds in Arctic
Three sulphide mineralized zones have been discovered on the Courageous Lake area property of Parklane Technologies and Highwood Resources. Located in the N.W.T., the property covers approximately fiv…
Eastmaque to produce
The commissioning of a tailings reclamation project by Eastmaque Gold Mines is expected to start in December, the company says. The project will process gold mine tailings in the Kirkland Lake, Ont., …
Getty, Noranda expand strike of Tundra deposit
Additional deep drilling by partners Noranda Exploration (51%) and Getty Resources (49%) has extended the strike length of the Tundra deposit by 450 ft. Located at Courageous Lake, N.W.T., the Tundra …
Richwell buys mill for Blackstone ore
A 65 ton-per- day mill will begin processing ore from Richwell Resources’ Blackstone gold property in Elmore Cty., Idaho, by mid-January. The mill, which cost $135,000, is being installed in Fairfield…
Letters to the Editor Regrets doubts cast on company
Your Nov 30 issue contained an article on the results of an exploration program by St. Joe Gold in the Shoal Lake area of northwestern Ontario, (St. Joe has reserves on Kenora property). While we cong…
Montreal Exchange Vassan among leaders
Good news travels fast, as Vassan Resources of Val d’Or, Que., can attest. The junior mining company traded a respectable 368,200 shares this week on encouraging preliminary drill results from its gol…
Queenstake profits up
A record- breaking gold production year for Queenstake Resources boosted 9-month net profits to $196,942 on revenues of $4.3 million. This compares with a loss of $434,114 on revenues of $1.5 million …