Metal Prices FREE MARKET (January 18, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Jan. 12 Jan. 11 Jan. 8 Jan. 7 Jan. 6 Copper 1565-1570 1600-1605 1560-1565 1585-1595 1640-1645 Lea…
News
Ontario’s mines division
Nineteen eighty-seven marked the first full year of operation for the Ontario Ministry of Northern Development and Mining’s Division of Mines and Minerals. This division was set up to better serve the…
Vancouver Stock Exchange Pezim Group back in the limelight
News of an important looking gold discovery southeast of Faro, Yukon, has pushed several Pezim Group stocks into the limelight including Golden Nevada Resources. The man friends and foes alike call “T…
Goldbrae options gold bet in northwestern Manitoba
An option to acquire a 100% interest in a 2-claim unit, 3,000-acre gold prospect in northwestern Manitoba has been obtained by Goldbrae Developments of Richmond, B.C. The company has agreed to spend $…
Queries Arctic land holding makes Borealis Exploration worth
Borealis Exploration owns a substantial interest in both Noble Peak Resources and Faraway Gold Mines. Much has been happening with Borealis, although it appears to never receive any mention in your ne…
Placer Dome earns 60% of Melrose property
Placer Dome Inc. has fully exercised its option to earn a 60% working interest in Melrose Resources’ Blackstock Twp., property 30 miles southeast of Timmins, Ont., Melrose announced recently. So far, …
Pacific and Canamax drill high grade holes at Ketza
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…
Committee set up for Mining Hall of Fame
A steering committee has been established to consider the viability of creating a Mining Hall of Fame. Represented on the committee will be the Mining Association of Canada, the Prospectors and Develo…
Toronto Stock Exchange N.T. Thin volumes follow collapse of New
Just when the first vestiges of a rally appeared to be emerging, the sheer nervousness of the market stopped the fledgling advance dead in its tracks. The New Year’s four- day rally, which saw 110 pts…
Neptune flow-through
Neptune Resources has completed a $2-million flow-through share financing which will fund the “immediate development on Neptune’s Colomac project,” in the Northwest Territories. The company is proceed…
Glimmer options Barnet property to Canamax
Glimmer Resources (gme:vse) has signed a letter of agreement with Canamax Resources to explore its 132-claim property in Barnet Twp., Kirkland Lake mining district, Ontario. The company’s new gold fin…
Terramar buys California company that owns a former gold producer
Terramar Resource Corp. has agreed to purchase Mount Gaines Resources, a California company whose principal asset is the old Mount Gains gold mine in California. Between 1853 and 1949, the mine produc…