Metal Prices FREE MARKET LLondon Metal Exchange
Spot closing prices in Pound Sterling per tonne Date June 30 June 29 June 26 June 25 June 24 Copper 991-992 988.5-989 992.5-993.5 993-995 968.5-969.5 Lead 389-389.5…
1987
Agnico earnings up smartly gold, silver output climbs
There was good news aplenty at Agnico-Eagle Mines’ annual meeting this year, another jam-packed homecoming affair: * earnings are way up and headed higher * its main gold operation is now in the best …
Mine Lake placement
Mine Lake Minerals says it has completed a private placement of 500,000 units, each unit comprising one flow-through common share and one unit purchase warrant good to purchase a further flow-through …
Metal Prices PRODUCER PRICES (July 06, 1987)
ALUMINUM: MW U.S. Market 72.50 cents -74.00 cents per lb. (June 11, 1987). ANTIMONY: New York dealer $1.18-$1.23 per lb. (May 14, 1987). BISMUTH: New York dealer $3.35-$3.45 per lb. (June 4, 1987). CA…
Fort Knox is encouraged by Inco drill results
Fort Knox Gold Resources says encouraging results have been received from drilling by Inco Ltd. on the Crow Lake property, southeast of Kenora, Ont. Inco drilled a total of 2,845 m in 16 holes on the …
Toronto Stock Exchange Threat of inflation needed to revive golds
The holiday-shortened week showed some signs of positive movement as the tse composite index gained 47.6 pts to close at 3,740.19 pts. Today’s trading saw an advance of 6.72 pts. Precious metals, whic…
Noranda, Getty deposit could be Hemlo size
A mere six years have elapsed since news of the fabulous Hemlo discoveries rocked the mining world. Yet details of another gold discovery, which displays geological parameters of Hemlo-size proportion…
COATS Trading Features (July 06, 1987)
Card Lake Resources gave up some ground, closing at $1.75. The company is busy drilling a gold property west of the new Holt- McDermott mine being built by American Barrick Resources north of Kirkland…
Dolphin drilling
Exploration has commenced on Dolphin Exploration’s two Newfoundland gold properties. Surface drilling on the Cape Ray project began June 19 and a second rig was scheduled to begin drilling by month-en…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (July 06, 1987)
Gold London Bullion Dealers afternoon (morning) $US per oz. June 30 June 29 June 26 June 25 June 24 447.30(446.90) 449.75(446.00) 444.10(441.50) 440.50(443.00) 441.75 (443.00) Go…
New Australian owners make plans for Pamour
In its 50th year of continuous gold production in 1986, Pamour Inc. acquired new Australian owners. In its 51st year in 1987, the company has set a production target of more than 200,000 oz gold. And …
Letters to the Editor Protest federal move
We have recently been informed that the federal department of Energy, Mines and Resources is planning to disband Peter Hood’s magnetic survey research group. As a company engaged in mineral exploratio…