Cominco/Redfern reserves
Inferred reserves at the Tulsequah Chief project in northwestern British Columbia have been calculated at 1,602,000 tons of 2.39% copper, 1.09% lead, 5.45% zinc, 0.078 oz gold and 2.58 oz silver by Co…
Articles by Northern Miner Staff
News in Brief (March 13, 1989)
Richmark Resources has chnaged its transfer agent to pacific Corporate Services.
Corona takes write-down on Nickel Plate project
Consolidated earnings of $26.5 million (16 cents per share), before unusual and extraordinary items, on operating revenues of $187.5 million were reported by Corona Corp. (TSE) for the 15-month period…
Metal Prices PRODUCER PRICES (March 13, 1989)
ALUMINUM: MW U.S. Market 97 cents – $1.00(US) per lb. (Feb 16, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.40-$6.60(US) per lb (Feb 16, 1989)….
Industry looking to extend the exploration momentum
If the Prospectors and Developers Association of Canada (PDAC) wanted to get one message across at its 1989 convention, it was that a healthy Canadian mining industry is one characterized by a vibrant…
FINANCING (March 13, 1989)
Hisway Res Corp — gross proceeds rec $270,000. Sheba Copper Mines — gross proceeds rec $316,867.08 Premier Gold Res Inc. — min 500,000 offered @ 45 cents per sh. Golden Grail Res — 650,000 offere…
Spot prices at a glance (March 13, 1989)
Price Week’s ($US) Change($) Gold* 393.10 + 7.00 Silver* 5.90 — 0.06 Platinum* 538.85 + 3.35 Nickel** 8.35 — 0.18 Lead** 0.27 Copper- 1.57 + 0…
Commodity index reaches new high
Helped along by metals prices, Scotiabank’s all-commodity price index rose by 1.8% in January. The index reached its highest level in the current business cycle and stands 7.6% above the 1980 peak in …
Obituary Charles McLachlan
Charles Gordon McLachlan, the 1956 recipient of the International Nickel Medal for distinguished service to the Canadian mining industry, has died. Born in Vancouver, B.C. in 1896, “Mac” served as a d…
Pegasus increases stake in Pioneer Metals
U.S. gold producer Pegasus Gold (TSE) has further increased its equity position in Pioneer Metals (TSE). With the acquisition of 296,504 additional units that became available through the additional s…
Tin conference (March 13, 1989)
Metal Bulletin is organizing a tin conference from June 25-27, at the Golden Sands Hotel in Penang, Malaysia. For more information contact, Diana Little, Metal Bulletin Conferences Ltd., Park House, P…
Placer Dome in sulphur
Placer Dome Inc. (TSE) has entered into a joint venture agreement with two Australian mining companies, Gold and Mineral Exploration N.L. and Laverton Gold N.L., to explore their Mustang Draw sulphur …