Metal Prices (May 29, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 23 May 22 May 19 May 18 May 17 Copper 1617-16…
Articles by Northern Miner Staff
Oil and gas sustain Total Energold
First quarter financial results for Total Energold Corp. (TSE) show a net loss of $504,000 or 2 cents a share compared with a loss of $2.4 million or 10 cents a share in the comparable period of 198…
Corona/Huntington active at Brett
Work is under way on the first phase of a 2-phase exploration program at the Brett gold property 25 km west of Vernon, B.C. Operator Corona Corp. (TSE) reports the first phase will involve the drilli…
Metal Prices PRODUCER PRICES (May 29, 1989)
ALUMINUM: MW U.S. Market US99.50 cents – $1.02 per lb. (May 18, 1989). ANTIMONY: New York dealer US95 cents -99 cents per lb. (Apr 27, 1989). BISMUTH: New York dealer $6.40-$6.55(US) per lb (May 11, …
Battle for Atlanta Gold heats up
The gloves are off in the battle for control of Atlanta Gold Corp. (TSE) and its key asset, the advanced and 100%-owned Atlanta gold property in Idaho. Vancouver-based Atlanta is attempting to fend of…
INSIDER TRADES (May 29, 1989)
Barron Hunter Hargrave — J. Hargrave sold 65,000 (Mar, Apr) @ 5 cents -7 cents to hold 2,715,200. S. Hargrave sold 91,000 @ 7 cents -8 cents to hold 1,629,700. Cheni Gold — E. Phillips bought 10,0…
Bond International to boost production
With mining interests in North America, Chile and Australia, Bond International Gold (TSE) is aiming to boost its gold production to over 500,000 oz in fiscal 1989. The large gold producer turned out …
FUTURES PRICES Metal Prices (May 29, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 112.00 109.00 109.30 — 7.80 Jul 113.00 109.00 110.60 — 4.60 Sep 112.50 109…
Gold funds as of May 23 (May 29, 1989)
BGR Goldcorp Central MVP Capital Net value $11.53% 6.86% 6.14% 0.63% Price $9.25% 4.000% 5.375% 0.38% Discount $19.77% 41.7% 12.5% 39.7% Value …
Geologists to study Sudbury’s orebodies
Geologists from Laurentian University and the University of Toronto will use a $160,000 provincial grant to study the structural geology of the Sudbury Irruptive, a body of intrusive rocks related to …
Minerals Division of GAC awards Derry, Gross medals
The mineral deposits division of the Geological Association of Canada presented its two top awards during the association’s annual meeting held here during May. Gilles Allard, professor of geology at …
Chelsea private placement
Chelsea Resources (VSE) has completed negotiations for a private placement of 2.5 million common shares priced at 50 cents per share. Lufer Corp., a company controlled by a Chelsea director, will pur…