Metal Prices FREE MARKET London Metal Exchange (July 13, 1987)
Spot closing prices in Pound Sterling per tonne Date July 7 July 6 July 3 July 2 July 1 Copper 1040-1042 1052.5-1053.5 1042-1044 1039-1040 1008-1009 Lead 430-431 430-432…
News
Kerr, Chesbar reach agreement
An option agreement has been entered into between Kerr Addison Mines and Chesbar Resources under which the latter may earn a 50% interest in the 126-claim vic gold property and the nearby 63-claim dic…
Big drill program outlining gold zone Vezza Twp. project
North American Rare Metals and Dundee-Palliser Resources continue to meet with encouragement in the big drilling program under way on their joint venture gold property in Vezza Twp., 25 miles south of…
Silbak splitting into 2 companies
Shareholders of British Silbak Premier Mines recently voted to split the company in two, to create a resource company and a real estate company. Under the reorganization, all non-mining assets of the …
Dawson, Pacific reach agreement on silver bet
A $2.1-million joint-venture agreement has been signed between Dawson Eldorado Mines and Pacific Trans-Ocean Resources whereby Pacific may earn up to a 50% interest in the Plata-Inca silver project in…
Good grade is the key for new nickel mine
Canada’s newest nickel mine, in northern Manitoba, will be the first brand-new underground nickel mine in the country for close to a decade — and the third for Manitoba in the past 26 years. In an up…
Toronto Stock Exchange Metals play part in pushing market to new
Base metals are back, and no better sign of investor confidence in these issues could be found than the trading activity exhibited this week on the tse by four mining companies heavily involved in the…
Multinational at Toodoggone
Exploration work is under way at Multinational Resources’ Toodoggone area property north of Smithers, B.C. The first-phase program will include more than 5,000 ft of diamond drilling in the B zone to …
Worvest drill hole results a boost for Lenora, Barrick
Encouraging drilling results from Lenora Explorations and American Barrick Resources’ Worvest option in Kirkland Lake, Ont., offers more proof of a new ore shoot in the area. Located within mining dis…
Letters to the Editor Media response needed
I enjoyed your June 22 editorial, Mining has a story to tell, perhaps because I wrote the words, but certainly because I believe in the message. So will any observer of the power of public opinion pol…
Old mine workings being investigated
An underground exploration program has been started on Canadian Gold Resources’ Kirkroyal property in Lebel Twp., near Kirkland Lake, Ont., the company reports. The program is being financed by Colray…
Stainless steel production boosts demand for nickel
Demand for nickel is running higher, buoyed by record production of stainless steel by many major producing nations, Shearson Lehman Securities (formerly L Messel & Co. reports in a recent weekly publ…