Metal Prices PRODUCER PRICES (November 06, 1989)
ALUMINUM: MW U.S. Market US79.00 cents – 80.00 cents per lb. (Oct 26, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. (…
News
Earnings mount for Teck Corp.
The latest financial results for Teck Corp. (TSE) show increased earnings for the nine months ended September 30 because of higher base metal prices and increased gold production from the David Bell m…
Acadia board in state of flux
A shakeup is in the works at Acadia Mineral Ventures (TSE) which could cost President Donald Smith his job. Before the company’s annual meeting in Toronto could be properly constituted, Smith announce…
Zinc, copper prices boost Cominco earnings
Higher prices for zinc and copper brought about an increase in unaudited consolidated earnings for Cominco Ltd. (TSE) during the first nine months of 1989. The company reported earnings of $175.5 mill…
Belmoral, Aur sign milling deal
A custom-milling agreement has been signed between Belmoral Mines (TSE) and Aur Resources (TSE) whereby the former will mill all gold ores produced from Aur’s Kierens and Norlartic projects for four y…
IOCC GOLD OPTIONS Options Open SeriesVolumeLastInterest Nov 360 C
01,263 ** Feb 380 P 16210.001,582 ** ** May 380 P 101 8.50 178 ** The New York closing gold price was $374.20 per oz. Last quotations for IOCC gold options…
Books in Review Book examines remedies for shareholders
At a time when leveraged buy- outs, poison pills and junk financings are becoming almost daily occurrences, it is more important than ever for shareholders of public and private companies to know thei…
Amalgamation plan tabled by Queenston Gold, HSK
Queenston Gold Mines (TSE) and HSK Minerals (TSE), both of Toronto, are joining the growing list of companies who have agreed to amalgamate. By combining their various exploration assets, mostly in th…
COATS (over-the-counter) Teddy Bear active
After forming a joint venture with Noranda Exploration to continue work on a Harker Twp., Ont., gold property, Teddy Bear Valley Mines advanced to $1.50 this week on news of recent drill results from …
Golden Trio, Locke $4.7 m placement
Golden Trio Minerals (TSE) recently entered into a $4.7 million private placement deal with Locke Rich Minerals (VSE). Under the agreement, Locke Rich will purchase either five million special warra…
Metal Prices (November 06, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 31 Oct 30 Oct 27 Oct 26 Oct 25 Copper 1724…
Southam buys The Northern Miner
The Southam Business Information and Communications Group Inc. and Mr Richard Pearce have announced that Southam has purchased The Northern Miner weekly newspaper and other publications, along with No…