Etruscan drills holes in Nevada
Five shallow drill holes have been completed on Etruscan Enterprises’ Gabel Canyon property in Nevada. A sulphide-rich near-surface zone has been found which the company believes could represent part …
Articles by Northern Miner Staff
Galactic to acquire control of All-North
Galactic Resources will acquire a 64% control position in All-North Resources. The agreement calls for All-North to acquire Galactic’s 96.04% equity interest in Hudson-Yukon Mining in exchange for the…
Metal Prices FREE MARKET London Metal Exchange (October 26, 1987)
Spot closing prices in Pound Sterling per tonne Date Oct. 20 Oct. 19 Oct. 16 Oct. 15 Oct. 14 Copper 1112-1115 1210-1211 N/A 1216-1217 1211-1213 Lead 370-372 364-365 N/A 365….
Barrick’s Carlin finds signal latest gold rush
North America doesn’t realize that the latest gold rush on this continent is only just beginning, remarked one of Canada’s most experienced mining financiers before a recent tour of Nevada’s Carlin go…
Depression of ’29 unlikely today, experts conclude
Most financial experts dismiss the worst-case scenario — that the market crash of Oct 19 will propel the world into a depression, as did the market crash of 1929. Although many of the imbalances of t…
Editorial Mr. Pezim’s new bank
Until recently Canada’s banking industry exuded an image of ultra conservatism that, to some extent, was expected by the general public. Let’s face it, you wouldn’t want your friendly banker to arrive…
Franco-Nevada will add to Carlin royalty portfolio
As a renowned poker player and would-be cowboy, Seymour Schulich has taken a gamble or two during frequent sojourns to the Silver State. But when it comes to running Franco Nevada Mining Corp., Mr Sch…
Inco Gold involved in Brazilian project
Development of a gold prospect in Brazil which is expected to yield about 3.7 million g (120,000 oz) gold per year and in which two affiliates of Inco Gold are partners, is under way. Capital cost of …
Metal Prices PRODUCER PRICES (October 26, 1987)
ALUMINUM: MW U.S. Market 84.50 cents -87.00 cents per lb. (Oct 8, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.75-$4.90 per lb. (Sept 17, 1987). CADM…
Metal Prices FUTURES PRICES (October 26, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct. — — 75.20 — 10.50 Dec. 78.90 73.40 74.60 — 10….
News in Brief (October 26, 1987)
Skelly Resources has changed its name to Bel Pac Industries (bpa:vse) on a share-for-share basis.
Placer and MSV completing underground work at Eastmain
Results from an underground exploration program on the Eastmain gold deposit are confirming “the excellent values previously obtained by surface drilling,” MSV Resources says. Located east of James Ba…