News

FUTURES PRICES (September 04, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep132.50 127.50 128.00 + 2.65 Oct– — 126.60 Dec128.25 123.50 123.75 + 1.90 SILVE…


PRODUCER PRICES Metal Prices (September 04, 1989)

ALUMINUM: MW U.S. Market US82.00 cents – 84.00 cents per lb. (Aug 24, 1989). ANTIMONY: New York dealer US90 cents -95 cents per lb. (Aug 10, 1989). BISMUTH: New York dealer $4.70-$4.85(US) per lb. (A…


Metal Prices (September 04, 1989)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Aug 29 Aug 28 Aug 25 Aug 24 Aug 23 Copper 1980-1…



INSIDER TRADES (September 04, 1989)

Black Cliff — M. Au sold 189,000 (Aug., private) @ 20 cents to hold 87,500. Brewbac — N. Brewster sold 23,621 (July) @ 10 cents to hold 38,592. Cane — Jonpol bought 40,000 (July) @ 9 cents -10…


Exploration under way at Hixon Gold property

Initial line-cutting and detailed geophysical surveys are under way at Hixon Gold’s (VSE) Louvicourt Twp. property east of Val d’Or, Que. Located about 4 km from the Aur/Louvem massive sulphide discov…



Mining Corp. buying Goldpost property

Goldpost Resources (TSE) and Mining Corp. of Canada have entered into an agreement whereby the latter will purchase Goldpost’s Hislop West property situated east of Timmins, Ont. Goldpost will receive…


Gold Torch acquires stake in Goldstream

Gold Torch Resources (VSE) has acquired a one-third interest in the Goldstream copper-zinc mine and mill complex located near Revelstoke, B.C. To acquire its interest Gold Torch paid $5 million to Bet…


Chutine arranges private placement

Toronto-based Chutine Resources (VSE) has made a $150,000 private share placement agreement with Waverley Mining Finance PLC of Great Britain. The proceeds of the private placement will be used for ge…


Copper Range prominent in Metall’s healthy profits

Having recently bagged a large U.S. copper mine for $83 million (US), Toronto-based Metall Mining (TSE) has set out to make the most of its investment. With production from the Copper Range mine expec…



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