Metal Prices PRODUCER PRICES (October 26, 1987)
ALUMINUM: MW U.S. Market 84.50 cents -87.00 cents per lb. (Oct 8, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.75-$4.90 per lb. (Sept 17, 1987). CADM…
News
New find at Platinova’s Marmora wollastonite bet
Toronto-based Platinova Resources has received some encouraging news from its wollastonite project at Marmora Twp., 100 km northwest of Kingston, Ont. According to Platinova, joint- venture partner Co…
Joutel seeks a listing on Paris Bourse
Joutel Resources, a Toronto- based junior exploration company, has started proceedings towards a listing on the Paris Bourse, one of Europe’s leading stock exchanges. Officers of the company are in Pa…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (October 26, 1987)
Oct. 20 Oct. 19 Oct. 16 Oct. 15 Oct. 14 Gold London Bullion Dealers afternoon (morning) $US per oz. 464.30(481.60) 481.00(479.50) 465.25(464.25) 466.60(461.75) 460.80(459.45) Gold Bank of Nova Scotia…
Grandview to sell Carson Hill mine 1 col 16tr
Grandview Resources is considering the sale of its Carson Hill gold mine in California. Investment banking firm Bear, Stearns & Co. is providing financial advisory services for the possible sale. Seve…
Corona gold loan to repay financing of David Bell mine
A gold loan will be used by International Corona Resources to repay its share of the financing of the David Bell mine in the Hemlo area of northern Ontario. The company reports a wholly- owned subsidi…
Huldra silver find looks impressive 1 col 18TR
A high grade silver discovery has been made 55 miles north of Hope, B.C., by Huldra Silver. Diamond drilling has proven to be unreliable in delineating the extent and grade of the discovery which typi…
Further results due soon from Falconbridge find
Further drill results on Falconbridge Ltd.’s so-far impressive new base and precious metals discovery near Sudbury, Ont., should be available “within three weeks,” according to M. J. Knuckey, vice-pre…
People (October 26, 1987)
Exall Resources — Stephen G. Roman appointed president, succeeding Murray Axmith who is retiring but remains a director and advisor.
Report from Calgary Iskut is a busy B.C. gold camp
If the constant clatter of helicopter rotor blades and the frequency of Otter aircraft landings are an indication of exploration activity, the Skyline area, flanking the Iskut River in northwestern Br…
Silverside mill, tailings pond almost ready
Final construction of the mill and tailings pond is under way at the North Cobalt silver property being developed in a joint venture by Silverside Resources and International Platinum Corp. Production…
Initial results please Beaufield, Falconbridge
Significant gold intersections from an initial drilling program in the Macho-Rouleau area of northwestern Quebec have been reported by joint venture partners Beaufield Resources and Falconbridge Ltd. …