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Metal Prices (March 05, 1990)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb. 27 Feb. 26 Feb. 23 Feb. 22 Feb. 21 Copper 1442-1443 1441-1442 1430-…


FINANCING (March 05, 1990)

ONTARIO Sindor Res — final rec iss offer 2,200,000 @ 50cents per unit to net $1,001,000. VANCOUVER Black Rock Nevada — 800,000 sold for gross $360,000. Fortress Res — opt exerc on 175,000 @ 40cents…


Editorial Capital gains should reflect reality

With the wave of a hand Finance Minister Michael Wilson has swept away the Canadian Exploration Incentive Program (CEIP), a system of grants upon which many mineral exploration companies had based the…


Surluga gold mine gets another look

The open pit potential of the mothballed Surluga gold project near Wawa, Ont., is going to be investigated, thanks to a recent agreement signed by Citadel Gold Mines (TSE) and Pan Orvana Resources, a …


Alberta Stock Exchange Kingswood leads again

Kingswood Explorations continued to lead the action on the Alberta Stock Exchange trading almost two million shares during the week ended Feb. 27. It came off sharply over that period, losing 20cents …


Black Gregor busy

Shares of Black Gregor fell from a weekly high of 51cents to close at 40cents for the week ended Feb. 27. Active on the week, the company traded 126,000 shares. Black Gregor has been drilling a series…



Publisher speaks at CIM luncheon

The Canadian mining industry has faced numerous challenges this century, and changing its triumphs since 1915 has been The Northern Miner. The weekly newspaper, which had its start in Cobalt, Ont., is…


Spot prices at a glance (March 05, 1990)

Week’s/qc/ Price (US) Change/tf/01 Gold*/tf/01 $409.10 $11.50 Silver*/tf/01 $ 5.12 $ 0.22 Platinum*/tf/01 $511.50 $19.65 Nickel**/tf/01 $ 3.42 + $ 0.14 Lead**/tf/01 $ 0.39 + $ 0.01 Copper $ 1.11 + $ 0…


Deep drilling for Tache zinc-gold bet

After completing a 5,200-ft. drillling program on the Tache zinc- gold prospect near Chibougamau, Que., Bitech (ASE) says further deep drilling is warranted to test the property below the 600-ft. hori…


People (March 05, 1990)

INTERNATIONAL COPPER ASSOCIATION — Dr. Nathan Church appointed technical director, metallurgy, succeeding Dr. Dale Peters who has jointed the Copper Development Association.


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