X-Cal Res. arranges private placement
A private placement involving 638,298 common shares of X-Cal Resources (TSE) at 47 cents per share has been arranged with two European financial institutions, X-Cal reports. Proceeds from the $300,00…
News
Metals Prices FUTURES PRICES (July 03, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul108.50 106.60 107.20 — 8.80 Sep106.90 105.50 106.00 — 7.55 Dec104.00 102.90 1…
FADING ROYALTY?
Buffeted by market conditions and copper prices, copper mining on Quebe c’s Gaspe Peninsula has had ups and downs over the years. One of the bleaker periods in the history of Gaspe Mines, Noranda Mine…
50 Years Ago VOLATILITY IN EUROPE AFFECTING COPPER PRICES
No one wishes a war, certainly not Canadians. But it would be folly, in any appraisal of the present situation, to ignore how developments in Europe (namely, preparations for another crisis) might aff…
50 Years Ago HUDSON BAY MINING BOOSTS PRODUCTION BY 500 TONS A DAY
By the adding of a third converter, and by dint of new efficiencies throughout the plant, Hudson Bay Mining & Smelting will raise its capacity to about 5,200 from the present 4,700 tons a day. This 50…
SHOTCRETING REBOUNDS
Shotcrete is making a comeback in Canada. After it was introduced into the Craigmont mine in British Columbia in 1966, it gained the notorious reputation of being the lowest-paying job in a mine. But …
50 Years Ago WILL EUROPE REPEAT COPPER ORDERS?
The Northern Miner now can confirm its June 6 report regarding the sale of copper by U.S. producers to a foreign government (namely, France) for immediate delivery. However, the amount delivered was 5…
Managing STAGES OF DEVELOPMENT
Management spends so little of Mits time in managing people, Mand it seems the more senior the manager, the less time he or she spends on this all-important matter. Mine planning, corporate planning, …
Iron and steel conference
The International Iron and Steel Institute will hold its annual conference in Berlin, West Germany, on Oct 1-4, 1989. Discussions will include the world economy in the year 2000, steel in the urban en…
People (July 03, 1989)
REYNOLDS METALS — Raymond E. Irwin appointed regional exploration manager for the western United States.
Gold funds as of June 27
MPV BGR Central Capital Net value $11.69 $ 6.10 $0.58 Price $ 9.75 $ 5.38 $0.39 Discount $16.60% 11.9% 32.8% Value $69,625,421 …
Can-Am hockey match
A friendly hockey challenge has been issued to American participants in The Northwest Mining Association’s annual meeting Dec 6-8. Issuing the challenge is Tom Schoeter of the British Columbia Ministr…