Metal Prices FREE MARKET London Metal Exchange (August 17, 1987)
Spot closing prices in Pound Sterling per tonne Date Aug. 11 Aug. 10 Aug. 7 Aug. 6 Aug. 5 Copper 1136-1137 1128-1130 1112.5-1113 1107-1109 1119-1120 Lead 421-422 422…
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Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (August 17, 1987)
Aug. 11 Aug. 10 Aug. 7 Aug. 6 Aug. 5 Gold London Bullion Dealers afternoon (morning) $US per oz. 461.20(463.20) 461.10(459.50) 464.10(464.00) 468.70(468.85) 469.80(469.85) Gold Bank of Nova Scotia, …
THE EDITORIAL PAGE A crisis in mining education
There could be something of a crisis looming for mining companies looking to recruit professional and technical personnel for their future operations from Canada’s schools. The past few years of poo…
COATS Trading Features (August 17, 1987)
Trading on the coats system is proving to be a big success. For the month of July, data shows that volume totalled more than 43 million shares for a value of $138.2 million. One of the more active iss…
NSR Resources spends $4.4 million at Malartic project
NSR Resources of Toronto has completed pre-engineering and tendering for the 1987 underground work on its Rand Malartic project in Fourniere Twp., Que. A $4.4-million exploration program to be complet…
Drills add reserves to Greenstrike bet
A 28-hole diamond drilling program has expanded reserves at Greenstrike Gold Corp.’s Fifteen Mile Stream gold deposit in Nova Scotia. Results for the initial 17 holes indicated preliminary reserves to…
Estrades funding comes from Golden Day’s mega-offering
Golden Day Explorations and Co., Ltd. Partnership, one of the Noramco Mining Corp. group of companies, which are directed by Bruce McDonald and Gordon Keevil of Vancouver, has in its first public offe…
Toronto Stock Exchange Indices advance into uncharted waters
The heady times on the Toronto Stock Exchange continued for yet another week as records fell like ten pins. The tse 300 composite index flew past its previous record (set last week) to 4,104.98 at tod…
Montreal Exchange Market moves higher
What started out a quiet week has ended up on a high note, with the general index of the Montreal Exchange, the market portfolio, rolling to a new high of 2,051.22 pts. The mining and minerals index, …
Yorbeau claims full ownership
Yorbeau Resources of Montreal has decided to take full ownership of the Ellison gold claims located in Bousquet Twp., in northwestern Quebec, between the Bousquet and Doyon mines, the company reports….
Drilling program begins at Dore/Orofino project
Orofino Resources of Toronto has begun a 4,000-ft diamond drilling program on two joint venture properties at Vermillion Lake, near Mine Center in northwestern Ontario. Part of a major shear zone and …
People (August 17, 1987)
Ariel Mining Group – Claude Britt, recently appointed vice-president exploration of Exploration Mimiska Inc., will now be directing exploration work for all six member companies namely, Exploration Sp…