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.
Articles by Northern Miner Staff
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (October 12, 1987)
Oct. 6 Oct. 5 Oct. 2 Oct. 1 Sept. 30 ** ** Gold London Bullion Dealers afternoon (morning) $US per oz. ** 458.00(456.85) 456.50(455.15) 454.35(455.00) 454.90(454.10) 459.50(459.15) ** Gold…
General News & Comment Quebec prospectors press for support of
The Quebec Prospectors Association has been successfully lobbying the “opposition” in the fight to save flow-through financing, President Regis Labeaume told The Northern Miner in a telephone intervie…
PRODUCER PRICES (October 12, 1987)
ALUMINUM: MW U.S. Market 83.50 cents -86.00 cents per lb. (Oct 1, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Sept 3, 1987). BISMUTH: New York dealer $4.75-$4.90 per lb. (Sept 17, 1987). CA…
Court upholds Hemlo decision
Ownership of the biggest gold mine in Canada has moved another — and possibly the final — step towards International Corona with the loss of Lac Minerals’ appeal against the initial judgment. Lac ma…
Metal Markets The role of metal traders
Information in metals publications, whose readers do not have at hand all of the factors governing the price of metal but might welcome such knowledge, can carry a bias, often unintended, because the …
Cost remarkably low at Emerald Lake mine
R. A. Bruce McDonald’s first gold discovery was in Quebec’s Casa Berardi area. But his first gold producer is the Golden Rose mine, located 60 miles northeast of here, Mr McDonald is the charismatic c…
Obituaries James G. (Jock) MacGregor
One of the top geologists in the world-renowned Thayer Lindsley mine-finding team, Jock MacGregor, has died at the Toronto Western Hospital at the age of 86. A graduate from Harriot Watt University o…
Santa Maria discovery at Opapimiskan Lake
What it describes as a significant discovery is reported by Santa Maria Resources, on its Zeemel Lake property in the Opapimiskan Lake area of northwestern Ontario. President Gordon Plaskett says in a…
Montreal Exchange Louvem makes deal
What got off to a promising start ended on a down note, with both the market portfolio and the mining and minerals index of the Montreal Exchange showing negative numbers during the latter part of the…
Alberta Stock Exchange Zahavy moves up (October 05, 1987)
A high grade gold discovery at Zahavy Mines’ wholly-owned Trout Lake property in northwestern Ontario made it the outstanding issue in an otherwise uneventful session. Trading on a volume of 66,700, i…
Report from Calgary Golden Rule et al discovery
What is the Saskatchewan formula to find a gold deposit? Find yourself a dog called Jasper and a talented prospector-partner named Richard Kuzmirski and put them in the La Ronge gold belt. The newest …