Hughes and McAleer out after Whim Creek dispute
Australian gold producer Whim Creek Consolidated has signalled its displeasure with some recent developments involving the company by replacing Chairman Pat Hughes and chief executive officer Peter Mc…
News
Garimpeiros busy in Brazil’s Amazon
Brazilian gold prospectors or garimpeiros, (pronounced garim- pay-roos) are responsible for about 80% of that country’s gold output, a recent report says. The independent pick and shovel diggers, know…
Letter to the Editor Economic principles
For many times over the last 20 years, I have appreciated the editorials of The Northern Miner, but the one titled “Wasting our assets” (N.M., Nov 7/88) is excessively ” a propos” for all of us Canadi…
LME considers its first warehouse in the U.S.
The venerable London Metal Exchange (LME), having reached out to the Far East, may soon be making its physical presence felt in North America. The exchange, with 97-98% of its activity generated outsi…
Letter to the Editor Mining double talk
Having had some experience in the investor/public relations field, I am nonetheless continually amazed by the ingenuity and invention displayed by some of its practitioners. The article “Gunnar, Mill …
FUTURES PRICES Metal Prices (November 28, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Nov 149.00 149.00 148.80 + 11.90 Dec 143.50 131.30 142.80 + 12.90 Mar 123.50 114.30 122.8…
Editorial Now the work begins
Canada’s thirty-fourth general election was a hard fought one, but the high energy level of the past seven weeks shouldn’t conceal the fact that the hard work of maintaining our prosperity and our way…
Cold Comfort Baffin Island zinc mine generates profits for MRI
With the sun retreating from sight almost completely and temperatures plunging to as low as minus 50 C, it’s difficult to imagine a harsher winter setting. But here on the rocky north shore of Baffin …
Gold funds as of Nov 22
BGR Goldcorp Central MVP Capital Net value $12.33% 9.36 7.29 1.03 Price $10.125% 6.250 6.12 0.67 Discount $17.88% 33.3% 16.0% 35.0% Value $73,395,449 164,…
Investment Comment Junior gold producers evaluation
The Canadian gold mining industry today offers investors a broad spectrum of choices from senior gold producers to emerging junior gold producing companies Emerging junior gold companies are companies…
GOLD (November 28, 1988)
Here is a list of the per share prices which Northgate Exploration paid in the seven transactions it has completed since February 1988. Also listed are last week’s trading prices for the companies inv…
Alberta Stock Exchange Volumes much higher
A strengthening in the price of gold was accompanied this week by renewed interest in a number of Alberta issues. American Ore Ltd. was the volume leader with 493,300 shares following the release of d…