Chesbar extends ramp at Chester Twp. play
With an application made for listing on the Toronto Stock Exchange, Chesbar Resources is making progress on both the financial and exploration fronts. The company, which now trades on the Montreal Exc…
1987
Could hear a muffled roar in commodity prices, Bird says
“Low inflation and high real interest rates are not the stuff commodity price increases are made of,” Anthony Bird, an independent economic consultant, told members of a gold conference in London, Eng…
Operators Conference Technology, communications — key to survival,
The keynote address here at the 8th Annual Operators Conference was not vintage William James. His banquet address before a record 300 mine operators and an equal number of suppliers at the Collins Ce…
COATS Trading Features (March 16, 1987)
Seaway Base Metals, which had its “cease and desist” order lifted by the Ontario Securities Commission, began trading Monday and closed the week at 40-45 cents on a volume of 61,100 shares. National …
Cane Corporation in joint venture
Cane Corp. reports it has a joint venture agreement with Cominco Ltd. to test several geophysical conductors in the Grassberry River area of Saskatchewan. Cane says it can earn a 40% beneficial intere…
Funding settled
Marshall Minerals of Newmarket, Ont., and First Exploration Fund 1987 and Co., Ltd. Partnership have concluded a series of agreements whereby First Exploration will provide up to $20.6 million in flow…
Four drills on Brazil’s Pt bet
Initial platinum and palladium grades from a property in the northern part of Brazil have been obtained by The Northern Miner. Being worked jointly by a subsidiary of mining giant Rio Tinto Zinc and T…
All-North and Chevron acquire Yukon bets
Four additional properties have been picked up by All- North Resources and Chevron Minerals in the Kluane district of the Yukon. Known as the Kluane joint venture, the two companies say the 99 claims …
Metal Prices Futures Prices N.Y. Mercantile Exchange (March 16, 1987)
High Low Close Change PLATINUM (in US$ per oz.) March — — 530.10 — April 535.00 526.50 532.30 + 2.10 July 539.50 532.00 537.50 …
Metal Prices Futures Prices N.Y. Commodity Exchange
Week’s High Low Close Change COPPER (in US cents per lb.) March 63.50 62.75 63.45 + 0.55 May 63.45 62.70 63.40 + 0.5…
Underground work making progress at Mahogany bet
Underground development work is well under way at the Jolu property of Mahogany Minerals Resources and Canadian Premium Resource Corp. in the La Ronge area of Saskatchewan. Preparation of the portal s…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (March 16, 1987)
Mar. 10 Mar. 9 Mar. 6 Mar. 5 Mar. 4 Gold London Bullion Dealers afternoon (morning) $US per oz. 405.60(405.00) 405.00(404.85) 406.30(406.50) 410.75(411.45) 406.55(407.65) Gold Bank of Nova Sco…