Nuinsco remains bullish on Beauchastel project
Nuinsco Resources and Seadrift International remain bullish on the prospects for their Aldermac project at Beauchastel Twp. near Rouyn/Noranda, Que. The joint venture partners are encouraged by result…
News
New Pascalis Mines will not take part in Cambior program
New Pascalis Mines has decided it will not participate in a $10-million underground program of Cambior Inc., now under way on the No 1 showing on the 38 New Pascalis claims located some 25 km east of …
Placer bulk test yields 1,000 oz for Gold City
A 30-day bulk sample test of gold placer gravels at Indian River, 35 miles south of Dawson City, Yukon, has yielded 1,000 oz of gold dore ingots, Gold City Resources reports. Gold City is conducting t…
Toronto Stock Exchange Rate and inflation fears awakening
After five years the raging bull market which has propelled most market indices to record highs, is finally showing distinct signs of aging. A common characteristic of this aging process is the high d…
$10m. exploration for Glen Auden
With interests in 24 gold exploration projects, Glen Auden Resources will be exposed to $10.2 million of exploration this year. A majority of the funds are being contributed by 14 joint venture partne…
Vancouver Stock Exchange Roxwell Gold among the high flyers
There’s nothing quite like rising interest rates to send tremors through the market. Following New York and Toronto’s lead yesterday, Vancouver tumbled 22.5 points and by presstime it was down another…
Metal Prices FUTURES PRICES (September 14, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sept. 81.00 78.50 80.90 — — Dec. 79.25 76.70 79.15 + 4.20 J…
Metal Prices FREE MARKET London Metal Exchange Spot closing prices
Date Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 Copper 1069-1070 N/A 1044-1046 1031-1032 1043-1044 Lead 412- 414 N/A 412- 414 408- 409 404- 405 Zinc 448- 450 N/A 457- 458 453- …
Lingman Lake results so significant program will likely be
Exploration work is going full tilt at Lingman Lake, near the Manitoba-Ontario border. About 25 people are on site, supporting a mapping, trenching and sampling program under the direction of Durham G…
Letters to the Editor U.S. 2nd biggest gold producer?
Your editorial in The Northern Miner of Aug 24 raised the question “Who really will be No 2 gold producer?” in the Western World. Perhaps we can help clarify this issue from figures taken from the soo…
Polestar outlines platinum anomalies
Anomalous zones of nickel, copper and platinum group metals values have been identified by Polestar Exploration on the company’s Kluane Lake claims in the Yukon. A stripping program is under way in ad…
Aber one of many companies looking for gold in the N.W.T.
The venerable DC-3 aircraft helped open up the north, but in recent years flow-through financing has played a major role in developing its mineral wealth. The pace of exploration in the Northwest Terr…