Metal Prices Future Prices
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 134.00 133.20 133.20 — 6.80 Mar 120.70 116.25 117.15 — 5.75 M…
News
Dolphin gets Royex board appointee
While seeking a listing on the Toronto Stock Exchange, Dolphin Explorations of Vancouver has attempted to strengthen its board by appointing Robert McCallum as president of the company. As a former vi…
Queries Arctic land holding makes Borealis Exploration worth
Borealis Exploration owns a substantial interest in both Noble Peak Resources and Faraway Gold Mines. Much has been happening with Borealis, although it appears to never receive any mention in your ne…
Weaco Res. funds Esso drill program
Eight drill targets have been outlined by a $200,000 geological, geochemical and geophysical program carried out by Esso Minerals Canada on the Aimee gold prospect near Flin Flon, Man. These targets a…
Zinc-copper mineralization found at Abbey/Aur prospect
Partners Aur Resources and Abbey Exploration say they have intersected more high grade zinc-copper mineralization at the Lugold property in Louvicourt Twp., Que. According to Aur Chairman James Gill, …
Why a free tradee agreement is good for Quebec’s mining industry
For Quebec’s mining industry, the free trade agreement with the United States is a way to deflect rising U.S. protectionism. Indeed, free trade already exists in the mining industry: tariffs are low o…
Ojibway drilling on 3 properties
Drilling rigs are currently in operation on three properties (Desboues, Soissons and Rochebeaucourt), with the budget for the 1987 exploration program more than one-third committed, Ojibway Resources …
Minefinders financing
Minefinders Corp. has completed an $800,000 financing which will fund exploration on three properties near Val d’Or, Que. Of the amount raised, $440,000 was on a flow-through basis.
Troymin gets funding for winter projects
Alberta-listed Troymin Resources has received $425,000 to finance its 1987/88 Canadian exploration program, the company said recently. According to Troymin, a $250,000 placement with MTC Oil and Gas F…
Val d’Or funding
An agreement has been worked out between Val d’Or Resources of Val d’Or, Que., and Sofimines 1987 and Co., Ltd Partnership whereby Val d’Or will issue flow-through shares at $1.20 per share worth a mi…
Montreal Exchange Mixed trading prevails
While not setting any records, trading activity on the Montreal Exchange seems to be recovering to pre-year-end levels, with similar mixed results. Daily volumes during the holiday period sunk to as l…
Research focuses on alternate backfill methods
Ontario’s mining industry is currently involved in eight backfill test projects directed at finding safe and cost-effective alternatives to widely used methods of backfill. The testing is being done u…