Metal Prices FUTURES PRICES (January 23, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 158.70 156.50 158.70 + 14.00 Mar 149.50 145.20 148.80 + 5.10 May 137.60 133.80 …
Articles by Northern Miner Staff
Atlanta doesn’t welcome U.S. Gold’s buying spree
Denver-based US Gold Corp. has taken a large share position in Atlanta Gold Corp. (VSE) whose principal asset is the Atlanta gold property in Elmore Cty, Idaho. US Gold has been tight-lipped about its…
Encouraging results from deep-drilling at Armistice bet
Three more encouraging drill- core sections have been reported by Armistice Resources (ME) from the company’s deep drilling gold project at Virginiatown in northern Ontario, next to the long-producing…
Minnova/Syngold find ore grade gold at Donalda
Underground exploration is confirming the presence of ore grade gold mineralization at the Donalda gold property, held by partners Minnova Inc. (TSE) and Syngold Exploration (TSE). The property is nea…
Editorial Losing jobs, gaining control
It’s never an easy decision to cut jobs, but in the case of the federal department of Energy, Mines and Resources’ plan to eliminate about 340 positions over the next three years, it’s the right decis…
Minerals symposium
Potential climatic changes, environmental issues and increasing demands for corporate information from shareholders and regulatory bodies are bound to affect how mining companies do business in the fu…
MSV’s Eastmain bet site of winter drilling
A winter drilling program is under way on the Eastmain gold property in northern Quebec, near James Bay, MSV Resources (ME) reports. The program will involve drilling 60 holes representing 8,000 m. Co…
Spot prices at a glance (January 23, 1989)
Week’s Price (US) Change Gold (per oz) $402.85 –$ 0.65 Silver (per oz) $ 5.94 +$ 0.03 Platinum (per oz) $525.00 –$ 1.00 Copper (per lb) $…
Letter to the Editor 48.3% of shares
With reference to your article on page 27 of The Northern Miner dated Jan 9, (“Trans-Dominion to acquire 48.3% of Doelcam”), I am enclosing a copy of our news release with respect to the transaction d…
BHP and Glencairn to drill Blue Mtn.
Partners Glencairn Explorations (ASE) of Toronto and BHP-Utah Mines are planning to start a 4,000- ft drill program at the Blue Mountain gold property near Kirkland Lake, Ont. Based in Vancouver, BHP-…
Toronto Stock Exchange Base metals boom propels miners to new highs
Poor trade figures in the United States failed to put a damper on investor enthusiasm as the New Year’s rally continued unabated. A trade deficit in December of $12.5 billion (US) was announced which …
MinVen completes S. Dakota acquisition
MinVen Gold Corp. (TSE) recently completed the acquisition of a one-third joint venture interest in the Golden Reward project located in South Dakota. The Golden Reward, a heap leach gold project curr…