Metal Prices FUTURES PRICES (December 11, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec106.50 105.20 106.20 — 6.40 Jan104.80 103.90 104.20 — 6.35 Feb104.20 103.70…
News
Abcourt, Val d’Or finish geophysics at Bardome project
A geophysical program carried out on the Bardome base metals property north of Val d’Or, Que., was completed recently by partners Val d’Or Resources (ME) and Abcourt Mines (ME). Val d’Or Resources is …
Queries Goldhurst selling Mouska royalty
I have a certificate for 1,000 shares of Goldhurst Resources. According to information sent to shareholders, Goldhurst owns a 2% net smelter royalty interest in Cambior’s Mouska gold project situated …
Gold funds as of Dec 5
MVP BGR Central Capital Net value $12.30 $6.38 $0.52 Price $11.25 $6.50 $0.38 Discount 8.54% 1.9% 27% Value $72,897,506 $10…
Wrightbar custs stringers at 1,600 ft on Bourlamaque bet
Wrightbar Mines (ME) says copper stringer mineralization has been intersected in a 1,600-ft drill hole on the southern half of Wrightbar’s Bourlamaque Twp. property east of Val d’Or, Que. The announce…
Costigan set to drill New Brunswick claims
Toronto-based Costigan Gold (COATS) is undergoing a reorganization which will see the company raise $300,000 through a private placement. The funds will be used to conduct a diamond drilling program o…
Events surrounding Aur, Louvem back to June ’87 subject of dispute
The pre-trial phase of what could be a lengthy court battle involving Aur Resources (TSE) and Societe Miniere Louvem (TSE) began in Montreal recently. Officials from both companies will give evidence …
Montreal Exchange: Graphite partner
Light-to-moderate, mixed trading featuring a 41.5-point tumble in the mining and minerals index marked share activity for the week ended Dec 5. The market portfolio finished ahead almost 15 points on …
Cominco copper deal
Cominco Resources International (TSE) and parent company Cominco Ltd. (TSE) have signed a definitive agreement with ENAMI, a Chilean company, for the development of the Quebrada Blanca copper deposit …
Golconda using new method at California gold project
Calgary-based Golconda Resources (ASE) recently announced some encouraging drill results from its Star City gold property in California. Golconda can earn a 60% stake at Star City where the company ha…
Managing Canada’s Mines Projects such as Polaris assert Canada’s
Cominco’s Polaris operation on Little Cornwallis Island, 75 miles from the magnetic north pole, is the world’s most northerly base metal mine. Manager A.J. Keen says it has proven that industrial deve…
Toronto Stock Exchange Gold shares rebound after bout of profit-
Gold bullion prices went on a rollercoaster ride this week but managed to stay above the psychologically important $400(US) mark. Today’s second fix today, Dec 6, was $402.85 in London. The bout of vo…