Baden/Keld’Or
The first phase of a reverse circulation drill program has been completed by Baden Explorations and joint venture partner Keld’Or Resources. The work was completed on their gold property near Carefree…
News
Midland Energy to acquire Rayrock’s Latin prospects
Midland Energy Corp. of Vancouver will quadruple the value of its ore reserves and increase its exposure to Third World mining by acquiring Rayrock Yellowknife Resources’ Chilean, Ecuadorian and Costa…
Metal Prices FREE MARKET (November 09, 1987)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 3 Nov. 2 Oct. 30 Oct. 29 Oct. 28 Copper 1223-1224 1194-1196 1175-1178 1145-1…
Metal Prices FUTURES PRICES (November 09, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Nov. 88.60 86.75 88.60 + 7.30 Dec. 86.90 84.50 85.60 +…
Vancouver Stock Exchange Trading volumes are way down
Volumes were way down on the Vancouver Stock Exchange this week compared to the previous week. Only one issue — Tundra Gold Mines — traded more than a million shares. Last week Tundra traded more th…
EDITORIAL Spotting the flaws in gold
The fact that a dentist a few years ago discovered tungsten illegally included in some gold he was using for tooth repair, has led (indirectly) to a new Canadian-built ultrasonic system for detecting …
Porgera reserves upped by Placer
Underground drilling at the big Porgera gold deposit in Papua New Guinea has resulted in a reserve increase. Placer Dome Inc., reports that close-spaced drilling from an adit has enabled the project p…
Canada Tungsten options X-Cal bets
Canada Tungsten Mining Corp. has optioned two properties from X-Cal Resources in B.C. On the Tyax property, Canada Tungsten can earn 50% of X-Cal’s interest by spending $1 million over a 3-year period…
Canamax cuts high grade at Ketza River project
Several rich intersections have been pulled by Canamax Resources from the Break zone on the Ketza River gold property in B.C. Pacific Trans-Ocean Resources shares the property equally with Canamax. Ho…
Investment Comment Galactic offers pre-production risk
Although a New York brokerage house has not included Galactic Resources on its recommended list, it says Galactic’s four major properties are interesting vehicles for those investors willing to bear p…
EDITORIAL Can we learn from Black Monday?
What really happened on Oct 19? What caused the sharpest stock market decline in history and could it happen again? How much insider trading occurred? Who gained, who lost? Should we even care conside…
Silvera, Placer Dome enter joint venture
A joint-venture agreement involving the Wapiyao Lake and Bing Lake properties in the La Ronge gold belt of northern Saskatchewan has been entered into by Silvera Resources and Placer Dome. The agreeme…