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 -…
News
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…
Highland Valley strike settled
The strike affecting operations at the Highland Valley Copper mining and milling complex in the Highland Valley of British Columbia has been settled. According to a spokesman from Highland Valley Copp…
Shaft changeover helps to reduce Brunswick earnings
The changeover to a deepened shaft and a maintenance shutdown are among the reasons given by Brunswick Mining and Smelting (TSE) for reduced third-quarter net earnings. The Noranda affiliate recorded …
Claude busy at Seabee gold bet
An underground exploration program, which began earlier this month at Claude Resources’ (TSE) Seabee project in northern Saskatchewan, is scheduled to reach completion by year-end, the company reports…
Canarim agrees to buy unsold Prime units
The Vancouver Stock Exchange received confirmation that Canarim Investment will subscribe for and take down one million units of Prime Resources (VSE) that had been the subject of a recently disclosed…
News in Brief (October 30, 1989)
A NIM and Company limited partnership has committed for the flow-through private placement of $300,000 at 30 cents per share to Teeshin Resources (VSE). Funds will be used on the Dome Mountain projec…
St. Genevieve buys shares in Vauquelin
A private placement has been arranged between St. Genevieve Resources (TSE) and Mines Vauquelin (ME) whereby the former will invest $200,900 in the latter in return for slightly more than one million …