Metal Prices FREE MARKET London Metal Exchange (March 30, 1987)
Spot closing prices in Pound Sterling per tonne Date Mar. 24 Mar. 23 Mar. 20 Mar. 19 Mar. 18 Copper 942-944 925-926 922-923 914-915 906.5-907.5 Lead 304.5-305 302-303 305-306…
News
METAL PRICES FUTURES PRICES N.Y. Commodity Exchange
Week’s High Low Close Change COPPER (in US cents per lb.) March 64.70 64.45 64.40 + 0.95 May 65.20 64.70 64.70 + 1.10 July 64.40 63.85 63.90 …
Many reasons to buy in platinum, firm says
Why invest in platinum? According to Johnson Matthey Ltd., a Canadian refiner and assayer of precious metals, there are plenty of reasons. Platinum is the rarest and most precious of metals. Eight ton…
Books (March 30, 1987)
Borehole Geophysics for Mining and Geotechnical Applications. Proceedings of a symposium held in Toronto Ont., August, 1983, and edited by P. G. Killeen. ISBN-0- 660-1220-6, $20(C). Geological Survey …
Blackdome grade pays bills; expect improved recoveries
Whether you are mining gold or base metals there is simply no substitute for grade. To a large extent that explains the phenomenal success of Blackdome Mining’s gold project, 140 miles north of Vancou…
OSC limits flow of funds into broker-dealers’ pockets
The Ontario Securities Commission has finally given its stamp of approval to the Thompson Committee’s report of junior mine financing. While most of the report’s recommendations have been given the go…
Queries Some good news in Midepsa query
I am a 20-year suscriber to The Northern Miner. I bought 2,000 shares of Midepsa Industries back in 1967 at $2.20 per share. It came to life about two years ago, then vanished from the Montreal Exchan…
Agnico scores again Two new producers certain
There’s an old axiom in this business that mines are made, not found, especially gold mines. A firm believer is Agnico- Eagle’s Paul Penna. Indeed few companies, large or small, are matching his recen…
Horne smelter gets acid plant
Canada’s second-largest source of acid rain, the 60-year-old copper smelter of Noranda Inc. in northwestern Quebec, is getting a new sulphuric acid plant. The plant, to help cut back on sulphur dioxid…
Freeport agreement to explore N.W.T.
An agreeement in principle has been reached among Freeport- McMoRan Gold Co., a subsidiary of Freeport-McMoRannex, and Aber Resources and Highwood Resources. The agreement concerns the Bugow property …
Fate of the old Lake Shore awaits results of drilling
It doesn’t take more than a flip through the pages of Kirkland Lake history to realize what a venerable position the Lake Shore mine held in that famous gold camp. One of the largest and richest mines…
Shareholder seeks greater representation
A minority shareholder was unsuccessful in a bid to have a seventh director named to the board of Citadel Gold Mines at the company’s annual meeting in Toronto. “We, as minority shareholders, are bein…