Metal Prices (August 21, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Aug 15 Aug 14 Aug 11 Aug 10 Aug 9 Copper 1752-175…
1989
IOCC GOLD OPTIONS (August 21, 1989)
Options Open SeriesVolumeLastInterest Aug 360 C 278 6.00 178 Nov 360 C 11417.002,097 Nov 370 C 8111.001,255 Nov 380 C 778 8.002,388 Nov 390 C 149 5.002,155 Nov 400 C 218 2.502,228 Nov 440 C …
Pegasus joins LAC at New Mexico bet
An option has been obtained by Pegasus Gold (TSE) to earn a 50% interest in the Ortiz gold project of LAC Minerals (TSE) in New Mexico. Pegasus may earn its interest by spending $27.5 million(US) on e…
INSIDER TRADES (August 21, 1989)
Anglo Canadian — R. Kemeny holds 442,801. Atlantic Inv. sold 29,000 (July @ 18 cents to hold 128,000. Black Cliff — N. Kacira bought 87,500 (July, private) @ 41 cents to hold 968,849. Cabre — G. M…
Spot prices at a glance (August 21, 1989)
Week’s Price (US) Change Gold*$367.60+$ 2.45 Silver*$ 5.24+$ 0.08 Platinum*$488.00+$ 4.00 Nickel**$ 5.99+$ 0.24 Lead**$ 0.32+$ 0.00 Copper$ 1.26+$ 0.09 Zinc$ 0.83+$ 0.06 Courtesy of Scotiabank. …
Three drills probe McNickel prospect
Although no assay results are yet available, McNickel Inc. (COATS) has completed drilling more than 30 holes on its copper-nickel property situated north of Lac St. Jean, Que. President John McAdam sa…
Dynatec, Northfield sign private deal
An agreement in principle has been signed between Dynatec International and Northfield Minerals (ASE) which will see Dynatec purchase 5.3 million Northfield shares at 45 cents per share. Total procee…
Newmont does it again: new hole grades 350 ft of 0.77 oz gold
A $404-million(US) development program at Newmont Gold’s Carlin, Nev. operations is paying off for the 90%-owned subsidiary of Denver-based Newmont Mining. The development program, now almost complete…
Montreal Exchange Focus on legal ruling
Resolution of the lengthy court battle between Corona Corp. and LAC Minerals vied for investor attention this week with the ongoing Louvicourt Twp. copper-zinc exploration project of Aur Resources and…
Westmin discovers new massive sulphide zone at Myra Falls
Recent exploration drilling by Westmin Resources (TSE) intersected significant thicknesses of massive sulphide mineralization in a new zone at the company’s Myra Falls mine property near Campbell Rive…
Asquith plans to drill Shiningtree gold properties
Toronto-based Asquith Resources (COATS) plans to carry out a $250,000 exploration program on its 72-claim gold property in the Shining Tree area of northern Ontario. Drilling is scheduled on the forme…
Westfield options Dynasty gold bet
Toronto-based Westfield Minerals (TSE) and Northern Dynasty Exploration (TSE) have signed an agreement allowing Westfield to earn a 50% stake in an 86-claim gold property 20 miles north of Savant Lake…