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Week’s Price (US) Change Gold* $359.80 — $5.90 Silver* $5.09 — $0.04 Platinum* $491.75 — $4.75 Nickel** $3.65 — $0.18 Lead** $0.37 — $0.01 Copper- $1.19 + $0.01 Zinc $0.79 Courtesy of Scotiabank….

The Canadian Diamond Drilling Association (T.N.M., May 21/90) says its members must increase productivity to remain competitive and to survive: they must drill more feet (or metres) per man-hour. But …

June 5 June 4 June 1 May 31 May 30 HIGH LOW Composite “300” 3596.67 3601.50 3592.99 3581.99 3565.55 4009.47 3334.13 Metals & Minerals 3235.64 3258.35 3239.08 3217.20 3191.98 3453.06 2850.84 Integrated…

A $1.2-million drill program totalling 18,000 ft. has started on the Sulphurets property, owned 60% by Newhawk Gold Mines (TSE) and 40% by Granduc Mines (TSE). The program is designed to test the down…

Norman Ursel, president of Noble Peak Resources and Norman H. Ursel Associates, died in Toronto, Ont., May 29. He was 63. Ursel is best known for his pio 0000,0600 neering activities in Canada’s far n…

An exploration agreement has been concluded by Teck (TSE) with Perrex Resources (ASE) and Gwen Resources (ASE), covering the latter companies’ gold property in northwestern Quebec. Teck can earn a 60%…

ONTARIO Tri Link Res — 1,800,000 Cl A com offered @ $4.20 per sh to net $7,106,400. VANCOUVER Rinsey Mines — 650,000 offered @ 45 cents per sh. Royce Ind — 700,000 sold for gross $245,000. Woodridg…

Belmoral Mines (TSE) will put all of its cash flow into the Val d’Or gold operations, Gordon Strasser, the new chief executive officer of Belmoral, told shareholders at the company’s annual meeting. “…

Shareholders and analysts who attended the recent Toronto annual meeting of Canamax Resources (TSE) were reminded of how much the mining industry has changed in the past couple of years. Only two year…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) June 117.40 113.60 117.10 + 2.10 July 113.80 110.20 113.10 + 0.60 Aug 110.60 108.60 110.50 + 1.20 SILVER (in US c…

A strike marked by violence at the Dome mine operated by Placer Dome (TSE) has put a spotlight on a question few want discussed: Is this mining city of 47,000 facing an economic disaster? A Dome secur…

Share prices of Aur Resources (TSE) and Societe Miniere Louvem (TSE) climbed sharply after the results of infill drilling were released from the Louvicourt Twp. massive sulphide project, east of Val d…