Metal Prices (October 12, 1987)
FREE MARKET .HLondon Metal Exchange .LSpot closing prices in Pound Sterling per tonne Date Oct. 6 Oct. 5 Oct. 2 Oct. 1 Sept. 30 Copper 1156-1157 1159-1160 1131-1133 1138-1140 11…
Articles by Northern Miner Staff
tusk minerals aims to acquire New Que. Platinum
Tusk Minerals tsk-ase of Calgary has entered into an agreement to make an offer to acquiree all of the shares of New Quebec Platinum, a Calgary-based mineral exploration company. Under the terms of th…
Augmitto pleased by drill results
Recently completed underground drilling in the central portion of the Beauchastel property near Rouyn-Noranda, Que., has returned encouraging values, Augmitto Explorations reports. Hole 87-B5-53, over…
Chelsea Resources mine to boast record grade
The old axiom that mines are made and not found rings true for the Spotted Horse project of Chelsea Resources, 20 miles from Lewistown which locals claim is the geographic centre of Montana. The proje…
New junior exchange looming closer?
Ontario would appear to be moving closer to a junior mining stock exchange with the formation of National Quotes Inc., an outgrowth of the coats system (short for Canadian Over-The-Counter Trading Sys…
Vancouver Stock Exchange Tundra Gold unchanged
There’s been a significant downturn in Vancouver, reflecting in part the seasonal nature of exploration throughout much of the country and uneasyness over the 91 point free-fall in the Dow Jones Tuesd…
People (October 12, 1987)
Ontario Ministry of Northern Development and Mines — Peter Mancini has been appointed senior mineral statistician in the mineral development and lands branch of the mines and minerals division.
Editorial Trade deal better than no deal at all
The mining industry in Canada has reason to feel happy about the eleventh-hour free trade agreement that has been hammered out between the U.S. and Canada. Generally speaking the industry, which expor…
Golden Range gets B.C. silver project
Golden Range Resources has optioned a 7,200-ac property near Revelstoke, B.C. The company can earn a 100% interest in the ground by spending $500,000 on exploration over a 5-year period and making cas…
Granges will operate Alpine project
Granges Exploration will take over as operator of the Alpine gold project of Cove Energy Corp., under a multi-faceted agreement between the two companies. The project is located near Nelson, B.C. Cove…
Belmoral names new chairman
A new chairman and chief executive officer has been named at Toronto-based Belmoral Mines. Kenneth Dalton, who was the company’s executive vice-president and chief financial officer, assumes the top p…
News in Brief (October 12, 1987)
Allure Resources Corp. has changed its name to Allure Industries Corp. on a share-for-share basis. There is no change of symbol.