People (September 04, 1989)
DEJOUR MINES — L.J. (Jack) Gunter appointed president and chief executive officer and to the board.
News
Spot prices at a glance (September 04, 1989)
Week’s Price (US) Change Gold*$361.20–$ 5.60 Silver*$ 5.13–$ 0.10 Platinum*$477.10–$ 8.25 Nickel**$ 5.72+$ 0.07 Lead**$ 0.34+$ 0.02 Copper$ 1.36+$ 0.05 Zinc$ 0.84–$ 0.04 Courtesy of Scotiaba…
Cheni earnings (September 04, 1989)
First-half earnings for Cheni Gold Mines (TSE) were $901,000 or 8 cents per share after extraordinary items. Cash flow during the period was $2.36 million, due largely to Cheni’s Lawyers gold mine in …
Malartic completes Congress purchase
Acquisition of the Congress gold mine near Wickenburg, Ariz., by Malartic Hygrade Gold Mines (Canada) (VSE) from Echo Bay Mines (TSE) has been completed, Malartic reports. The sale of the mine for sha…
Photo by The Northern Miner (September 04, 1989)
Murray Pezim kisses a core sample taken from the Eskay Creek project being drilled by Calpine Resources. Skip Lemarier with the Norseman aircraft.
Gold funds as of August 29
MPV BGR Central Capital Net value $11.66 $ 5.87 $0.57 Price $ 9.75 $ 5.88 $0.34 Discount 16.38% 0.1% 40.3% Value $69,422,250 $98,795,506 N/A…
Orex considering production start-up near access ramp
Production start-up at the Goldboro gold property in Nova Scotia should focus on a small area of the property near the access ramp, Exploration Orex (ME) reports. The area recommended for mining is 45…
Chevron, Goldquest drilling at Red Lake
Officials at Toronto-based Goldquest Exploration (TSE) don’t know what was behind the recent movements in the company’s share price. Goldquest shares nearly doubled to 33 cents recently in active tra…
New Ontario mining law a priority
Hugh O’Neil, Ontario’s new Mines Minister, hasn’t wasted any time acquainting himself with the issues affecting mining in Canada’s leading mineral producing province. In fact, the new Mines Minister h…
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…