Metal Prices PRODUCER PRICES (November 20, 1989)
ALUMINUM: MW U.S. Market US75.75 cents – 77.75 cents per lb. (Nov 2, 1989). ANTIMONY: New York dealer US85 cents -90 cents per lb. (Nov 9, 1989). BISMUTH: New York dealer $4.60-$4.70(US) per lb. (Nov…
News
COATS (over-the-counter) Black Gregor active (November 20, 1989)
A large volume of Milestone Resources shares changed hands this week as the issue slipped by 1 cents to close at 24 cents after 51 transactions. The company released preliminary results from eight s…
Toronto Stock Exchange Gold equities retreat after reaching new
Gold equities took centre stage on the TSE for yet another week as bullion continued its climb toward the magical $400(US)-mark. On Nov 15, today, the second London fix was set at $391.40. The rally h…
KPM suing BIG over Shoal Lake project
Toronto-based Kenora Prospectors and Miners (COATS) is suing its joint venture partner Bond International Gold (TSE) for breach of contract and fiduciary duty involving a gold project at Shoal Lake, O…
Managing Canada’s Mines Mining a truly creative activity’ says
“Mining is one of man’s truly creative activities,” says Erik Andersen, recently appointed manager of Muscocho Explorations’ Magnacon gold mine in Ontario’s Mishibishu area. “It combines 0000,0506 his…
Vancouver Stock Exchange Gold price rise slow to work
Gold stocks accounted for a good portion of the volume on the Eastern exchanges in recent weeks. However, the upward surge in gold prices did little to boost trading volumes on the Vancouver Stock Exc…
Goldteck positive on several projects
Junior Goldteck Mines (TSE) could have two projects, one in Chile and the other in Nevada, in operation next year and a third, in northern Ontario, well on its way to production. The company recently …
Shareholders approve Citadel restructuring
Shareholders of Citadel Gold Mines (TSE) recently approved a corporate restructuring which will see most of the company’s assets sold to Citabar Limited Partnership for about $14 million. Citadel, whi…
Over 100 speakers at western gold show
The Western Gold Show will be held on Nov 28-30 in San Francisco. More than 100 speakers, some 80 exhibitors and an audience of 2,000 investors are expected to attend, compared with 40 exhibiting comp…
Barrick confirms results from drilling on Carlin property
American Barrick Resources (TSE) has confirmed that drilling on its North claim block has encountered high grade gold mineralization across exceptional widths. The news ended weeks of speculation that…
Toronto Stock Exchange Indices (November 20, 1989)
1989 Nov 14 Nov 13 Nov 10 Nov 9 Nov 8 HIGH LOW Composite “300” 3943.09 3949.69 3943.68 3931.50 3937.02 4037.83 3353.13 Metals & Minerals 3409.51 3439.34 3426.50 3418.17 342…
TSE investigates trading in Aur
The Toronto Stock exchange is in the preliminary stages of an investigation into the trading of Aur Resources (TSE) shares before results were released from the company’s Louvicourt Twp. base metals d…