Metal Prices FREE MARKET London Metal Exchange (May 11, 1987)
Spot closing prices in Pound Sterling per tonne Date May 5 May 4 May 1 April 30 April 29 Copper 885-887 N/A 882-883 890-891 906-907 Lead 408-410 N/A 3…
News
Goldcorp to enter gold bullion loan business
In a bid to lower the perennial discount evident in all gold funds, Goldcorp Investments plans to add more lustre to the fund by arranging gold bullion loans. The move is designed to use a portion of …
Metal Prices FUTURES PRICES N.Y. Mercantile Exchange (May 11, 1987)
Week’s High Low Close Change PLATINUM (in US$ per oz.) May 630.00 630.00 617.20 — July 639.00 616.00 623.20 +29.00 Oct. 645.00 625….
Ore body extended by Golden Hope, Golden Group
Recent drill results from the Estrades property in northwestern Quebec have “extended the main orebody laterally while concurrently establishing better continuity within the sulphides and gold deposit…
Metal Prices PRODUCER PRICES (May 11, 1987)
ALUMINUM: MW U.S. Market 65.00 cents -66.50 cents per lb. (Apr 23, 1987). ANTIMONY: New York dealer $1.15-$1.20 per lb. (Apr 23, 1987). BISMUTH: New York dealer $2.70-$2.85 per lb. (Apr 23, 1987). CAD…
Copper seminars
Toronto’s Four Seasons Hotel on Avenue Rd. will be the site June 15-16 of the American Copper Council’s two educational seminars, Copper 101 and Copper 201. Featured speaker for the program will be Si…
Alberta Stock Exchange Cdn. Gold up on deal
Volume leader, Canadian Gold Resources continued to advance, adding another 20 cents to $2.10. Gold intersections reported from the company’s Dik-Dik property near Geraldton, Ont., were encouraging, …
Silver production a go at Hellens- Eplett mine
Way back in late 1979, Toronto- listed Silverside Resources started working a high grade silver prospect in the famed Cobalt area of Ontario. Now eight years and about $5.5 million later, the company …
Beaver lists on TSE
The shares of Vancouver-based Beaver Resources were posted for trading on the Toronto Stock Exchange under the stock symbol “bgi” effective April 27. The original listing is in the mining category for…
Barrick drilling hot at Goldstrike
Deep drilling at the Goldstrike property in the Carlin gold belt area of Nevada by operator American Barrick Resources continues to produce significant results. Six holes have been completed since tha…
Skyline has new subsidiary
Skyline Explorations has incorporated a new subsidiary to hold its Inel claim group, situated near the company’s proposed mining operation in the Johny Mountain area north of Stewart, B.C. The subsidi…
Production rate goes up at Pioneer’s Puffy Lake
Ore reserves have nearly doubled at Pioneer Metals’ Puffy Lake gold project and with this increase comes an expanded mill throughput to 1,000 tons per day. As a result of a recently completed diamond …