For Sale sign not up at Westmin
The “For Sale” sign is not out at Westmin Resources (TSE) according to a senior executive with the company. But R.H. Ostrosser, executive vice president at Westmin, told The Northern Miner that Norand…
News
Metals Prices FUTURES PRICES (September 15, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep 109.00 107.10 108.90 + 6.70 Dec 104.00 102.00 103.90 + 4.70 Mar 97.25 95.70 …
Books Register gets bigger
The book which has gained the high reputation over the past few years as a wealth of resource information, has just been published in its updated version. Register of Australian Mining (1988/89) by Ro…
Metal Prices FREE MARKET (September 15, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Sept 13 Sept 12 Sept 9 Sept 8 Sept 7 Copper 1446-1448 140…
Atlantic Gold drilling increases proven reserves in Idaho
Partners Atlantic Goldfields (COATS) and Jascan Resources (TSE) are considering what to do with their combined 45% interest in the Noxon silver-copper deposit, now that an agreement to sell their inte…
Nickel falls to near $5
The roller-coaster ride nickel has been on this year took a downturn recently when the morning spot price of the base metal fell to $5.08(US) per lb on the London Metal Exchange (LME) and the 3-month …
Geddes pulls 61 ft on Windy Craggy
Geddes Resources (TSE) reports that a recently completed underground drill hole on its Windy Craggy property in northern British Columbia has intersected 60.8 ft grading 0.13 oz. gold, 0.10 oz silver …
Alberta Stock Exchange Glencairn moves up
While at least one Toronto investment advisor has admitted to being mildly worried about the direction of gold prices — he expects it to drop to $370(U.S.) per oz — a Toronto-based gold company call…
Kabenung project
Gold values have been assayed by Tundra Gold Mines (VSE) from the company’s Kabenung project in the Mishibishu area. Located west of Wawa, Ont., the property is north of the Magnacon mine being built …
Atlanta Gold Drilling Increases Reserves
The 1988 drilling program has significantly increased proven reserves on the Atlanta project in Idaho, says Atlanta Gold Corp. (VSE), which is curmine. The company can acquire 100% control (subject to…
Investment Comment QPX has Placer Dome’s backing
Finding a listed company that offers a combination of potential for capital gains associated with penny mining stocks and blue-chip credibility isn’t easy. Some might say it’s impossible. Other invest…
Nerco Minerals sticking with precious
Speculation that Nerco Minerals wants to get out of the precious metals business has been denied flatly by the company. A few weeks ago Nerco said it was considering the sale of interests in certain p…