Metal Prices (December 05, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Nov 29 Nov 28 Nov 25 Nov 24 Nov 23 Copper …
News
Ivanhoe makes private placement in War Eagle
A private company founded by Robert Friedland, president of Galactic Resources (TSE), and Eric Friedland recently made a $1.2 million private placement in War Eagle Mining (VSE), which owns the War Ea…
Little Stu;; cents cents cents rp cents cents ertu gets gppd
Partners Westmin Resources (TSE), Tanqueray Resources (VSE) and Estaurum Mines (ASE) continue to receive encouraging results from drilling on their Little Stull gold property in Manitoba. Results from…
FINANCING (December 05, 1988)
VANCOUVER GBX Res. Corp. — gross proceeds rec $210,000. Moraga Res. Ltd. — gross proceeds rec $430,000. Simon Fraser Res. Ltd. — gross proceeds rec $175,000. Stonewall Res. Inc. — 300,000 sold for…
Tarzan to acquire Glen Auden claims
Toronto-based Glen Auden Resources (TSE) has agreed to sell 152 claims at Keith Twp., Ont., to Tarzan Gold (ASE) in return for the $94,000 which the company has already spent on previous work and acqu…
McIntyre meeting
McIntyre Mines (TSE) recently said that a special shareholders meeting will be held Jan 23, 1989 to consider a statutory plan of arrangement involving McIntyre, its shareholders and Falconbridge Limit…
Rebound in metal prices helps commodity index
An increase in metal and forest product prices offset declines in crude oil and agricultural prices during October and helped Scotiabank’s all-commodity price index advance by 0.9% from the previous m…
New copper/gold zone found on Rambler bet
Channel sampling results from a new copper/gold massive sulphide deposit, discovered on Teck Corp.’s Rambler property near Baie Verte, Nfld., by Petromet Resources (TSE) and Newfoundland Exploration C…
COATS trading features (December 05, 1988)
It was another quiet week for mining issues on COATS. Exxeter Resources says it is negotiating a private placement through Packard Group Inc. of New York to fund exploration on its Quebec and Nevada g…
Coal Conference (December 05, 1988)
The second regional conference on coal marketing, technology and mining, which will be held in Brisbane, Aust., from June 5-8 , 1989, will bring together coal suppliers and electricity power generatin…
INSIDER TRADES (December 05, 1988)
Aquagold — S. Reed bought 19,200 (Sept,Oct) @ $1.00-1.25 to hold 65,000. Atlantis — M. Hogarth bought 55,600 (Oct) @ 95 to hold 200,000. Aurizon — R. Hughes sold 50,500 (Oct) at 40 -53 to hold 41…
People (December 05, 1988)
MINING AND METALLURGICAL SOCIETY OF AMERICA — Sir Alistair Frame will receive this year’s gold medal which is traditionally awarded for conspicuous professional or public service in advancing mining,…