Alberta Stock Exchange Northfield active
Toronto-based Northfield Minerals continues to benefit from its new association with mining contractor Dynatec Mining, judging by trading activity this week. Northfield has been active since Dynatec C…
News
Exploration potential of U.S. “second to none” says Placer
For Placer Dome U.S., a unit of Placer Dome (TSE), the challenge is to find or acquire gold prospects on home turf. North America, in many gold investors’ opinion, is where their investment will be sa…
Clive Brown named Belmoral president
Struggling gold producer Belmoral Mines (TSE) has a new president and a new exploration chief. R. C. Brown, a company director and former president of Belmoral, has been named president, replacing Ken…
Billiton, NDU option
Billiton Metals Canada has acquired an option from NDU Resources (VSE) which gives it the right to earn a 50% interest in NDU’s Blende zinc-lead project in the Yukon. The 122-claim property is 45 mile…
Metal Prices FREE MARKET (October 16, 1989)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 10 Oct 9 Oct 6 Oct 5 Oct 4 Copper 1896-1897 18…
U.S. Hall of Fame adds 25 inductees
Twenty-five legends of the U.S. mining industry were enshrined in the National Mining Hall of Fame during its recent second annual induction banquet held in San Francisco, Calif. The event coincided w…
Editorial Cuts to VIA are long overdue
If there was ever a public expenditure ready to be cut, it is the subsidy paid out to keep VIA Rail on track. Yet the cuts announced by the federal government have already met with howls of protest. I…
Toronto Stock Exchange Easing nickel prices spark drop in metals
Easing nickel prices took the wind out of the metals and minerals index which lost a whopping 1.76% or 65.79 points to close at 3662.15 points. Morning LME nickel prices hovered around $4.70 (US) per …
Windy Mountain reports McLeod Lake results
More significant assay results have been released from a drill program under way on Windy Mountain Explorations’ (COATS) MacLeod Lake property north of Chibougamau, Que. Results from the first four ho…
Metal Prices FUTURES PRICES (October 16, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct– — 131.15 + 1.95 Nov– — 129.80 + 2.35 Dec133.70 127.90 128.05 + 2.10 SILV…
Northgate ups stake in Geddes Resources
Toronto-based Northgate Exploration (TSE) has emerged with a larger stake in Geddes Resources (TSE). By purchasing 1.85 million Geddes shares through a private placement, Northgate has increased its s…
France unveils Olympic coins
The first gold and silver coins of the French Olympic Coin program were recently unveiled in Toronto. Sales of the coins will help fund the 1992 Winter Olympic Games set for Albertville, France. The O…