A FLAT MARKET
Silver, traditionally the poor Sman’s gold, hasn’t made any investors– well-heeled or impoverished — any money over the past couple of years at least. And, according to forecasts by Shearson Lehman …
News
Zinc SOFT LANDING
Zinc market conditions are extremely tight. The sharp slowdown in the auto sector combined with less buoyant consumer spending overall will act to decrease zinc demand sharply * The new mines coming o…
Digital Prospecting
I was pleased to see the article entitled “Digital Prospecting” in the June issue, for despite its value, the technology may not yet be well known within the geological community. Unfortunately, altho…
IMPM conference papers in new book
Some 50 papers presented at the 13th annual International Precious Metals Institute conference have been compiled into a book, now available from the institute. It is edited by Dr Bryn Harris of the N…
People (October 30, 1989)
COEUR d’ALENE MINES — Michael C. Tippet appointed exploration manager.
Geoscience forum set for Whitehorse
The 17th annual Yukon geoscience forum will be held in Whitehorse at the Westmark Whitehorse Hotel and the Yukon Theatre Nov 26-29, followed by a seminar on cyanide and heap leaching. Technical papers…
FUTURES PRICES Metal Prices (October 30, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct– — 114.70 — 14.60 Nov119.60 117.00 114.90 — 13.90 Dec119.90 113.40 115.10 -…
Camindex debentures
The 3% Series A debentures of Camindex Mines (TSE), worth more than $11.1 million, have been tendered for conversion into common shares of MVP Capital, Camindex reports. Conversion of 100% of the debe…
Toronto Stock Exchange Indices (October 30, 1989)
1989 Oct 24Oct 23Oct 20Oct 19Oct 18HIGH LOW Composite “300”3899.133912.153954.793969.663929.514037.833353.13 Metals & Minerals3499.413470.323542.703587.983551.333919.203207.50 Integrated mines364…
Goldcorp boosts stake in Wharf
Recently increasing its interest (direct and indirect) in Wharf Resources (TSE) to 43.4% was Goldcorp Investments, a Toronto- based gold fund company. Goldcorp reports purchasing 358,200 shares of Wha…
Spot prices at a glance (October 30, 1989)
Week’s Price (US) Change Gold*$368.35+$ 0.25 Silver*$ 5.13+ Platinum*$482.80 –$ 4.20 Nickel**$ 4.68–$ 0.03 Lead**$ 0.35+ Copper$ 1.25 — 0.07 Zinc$ 0.69–$ 0.06 Courtesy of Scotiabank. Inform…
Eastern drill targets
Eastern Goldfields (COATS) has delineated several geochemical soil anomalies on the company’s Shamrock property near Notre Dame Bay, Nfld. An anomaly striking for 1,600 ft contains values ranging up t…