Metal Prices FREE MARKET London Metal Exchange (August 24, 1987)
Spot closing prices in Pound Sterling per tonne Copper 1103-1104 1112-1113 1098-1099 1104-1105 1125-1126 Lead 413-414 424-425 421-424 419-420 424.5-425 Zinc 492-494 506.5-507 506-508…
News
Queries Lansdowne, Beaver Creek to merge
(Set 8 and 1/2 pt. on 10 times italic across TWO columns) Have you heard anything about the merger of Vancouver-based Lansdowne Oil and Minerals and Beaver Creek Goldfields of Montreal? I hear Beave…
Overseas Platinum acquires interest in GUYANA gold bet
Overseas Platinum recently acquired the right to earn a 76% interest in a large gold property in the Republic of Guyana. The 354-acre mining lease covers the Hick’s vein, which was explored by Cominco…
Messeguay joins in search for Cape Smith platinum
A third partner has joined the Delta platinum project in northern Quebec. Messeguay Mines has signed an agreement with Oasis Resources and Falconbridge Ltd. that allows it to acquire a 15% interest in…
D.K. busy in Africa
D.K. Platinum plans to become active exploring for gold in Ghana, West Africa. The company has opened an office in Accra, the capital city of Ghana. D.K. plans to acquire properties hosting potential …
Metal Prices FREE MARKET London Metal Exchange (August 17, 1987)
Spot closing prices in Pound Sterling per tonne Date Aug. 11 Aug. 10 Aug. 7 Aug. 6 Aug. 5 Copper 1136-1137 1128-1130 1112.5-1113 1107-1109 1119-1120 Lead 421-422 422…
Franco-Nevada spins out subsidiary via prospectus
Euro-Nevada Mining, a wholly- owned subsidiary of Franco-Nevada Mining, recently filed a preliminary prospectus with regulatory authorities in connection with the spinout of Euro-Nevada to existing Fr…
East West launches exploration program
An exploration program has started on the Ennadai gold project of East West Resource Corp. in northeastern Saskatchewan, the company says. It says the program will include additional geophysical and g…
Northgate back in red
A public offering of 4.6 million shares in the United States is expected to add some cash to a Northgate Exploration balance sheet recently ravaged by a strike at the company’s Chibougamau operations….
Metal Prices PRODUCER PRICES (August 17, 1987)
ALUMINUM: MW U.S. Market 80.00 cents -81.00 cents per lb. (Aug 6, 1987). ANTIMONY: New York dealer $1.06-$1.14 per lb. (Aug 6, 1987). BISMUTH: New York dealer $3.60-$3.70 per lb. (Aug 6, 1987). CADMIU…
Abcourt makes financing deal
A joint venture has been signed between Abcourt Mines and Gestion Consulta of Val d’Or whereby the latter has undertaken to raise $7 million in two stages during the next two years for exploration wor…
Sweany finds high grade at Beardmore gold camp
Diamond drilling at Sweany Gold’s joint venture project in the Beardmore camp north of Thunder Bay, Ont., has encountered interesting gold mineralization on two of its properties. At the A. E. Hopkins…