Market liquidity continues to be a problem in Vancouver and falling gold prices have made things worse. Many companies are busy refinancing for summer exploration programs so investor interest at pres…
ALUMINUM: MW U.S. Market $1.12-$1.18 per lb. (May 12, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.55-$5.70 per lb. (May 12, 1988). CADMIUM: New Yor…
Tundra Gold Mines (VSE) says it expects to publish by the end of May new ore reserve calculations for the No 4 Plug gold deposit on the Lamaque property at Val d’Or, Que. Following rehabilitation of t…
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date May 24 May 23 May 20 May 19 May 18 Copper 1267-1270 1337-1340 1340-1347 1290-1295 1380-1390 Lead 373-3…
Edmonton-based Pacific Trans- Ocean Resources (ASE) recently received some encouraging results from the first four holes of a 16-hole program on its 100%-owned Gordon Lake property 70 miles northeast …
The Eastmain gold project in northern Quebec could be in production late in 1989 should the results of a final feasibility study prove favorable, partners Placer Dome (TSE) and MSV Resources (ME) repo…
Assays have been received by La Fosse Platinum Group (TSE) from two projects in northeastern Quebec. On the Marymac project, located 250 km north of Schefferville, three vertical holes tested the Redc…
Operations at the troubled MacLellan gold mine near Lynn Lake, Man., appear to have taken a turn for the better. Under the direction of a new management team put together by Hayes Resources (TSE), the…
Golden Knight Resources (TSE) has entered into a flow-through private placement agreement with Teck Corp. (TSE) for aggregate proceeds of up to $5 million. The funds will be used to finance Golden Kni…
A dispute has erupted over the validity of a mining lease on a small portion of the Dawson project in Colorado. Alberta-listed Jascan Resources and joint venture partner Atlantic Goldfields, whose sha…
A holiday-shortened week of relatively quiet trading on the Montreal Exchange brought few surprises, with the market portfolio closing down but the mining and minerals index showing a small gain. Dail…
Nelson Bidgood, a name synonymous with the early development of the Chibougamou area, died in late April at the age of 80. For his pioneering work there he had received numerous plaques and citations …
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