Montreal Exchange (August 01, 1988)
Orex drilling results Not a good week for resource issues, the mining and minerals index on the Montreal Exchange tumbled by more than 93 pts during our report period. (The general market portfolio in…
News
Alberta Stock Exchange Octan gains ground (August 01, 1988)
The name Octan Resources isn’t one which has caused much attention during recent trading sessions on the Alberta Exchange. But in an atmosphere of general lethargy, Octan led the way by posting a 44 c…
Copper boosts Lornex earnings
Increased copper production and higher copper prices (averaging about $1.10(US) per lb) were responsible for an 84% increase in net earnings over 1987 figures by Lornex Mining Corp. (VSE) for the six …
Letters to the Editor A rebuttal
Having just arrived back from Kenora Prospectors and Miners’ annual meeting held at Gold Point Farm Camp on June 24, I feel a rebuttal is in order to your “Grab Samples” column (N.M., June 20/88) whic…
Brican explores bulk tonnage bet in British Columbia
A former copper prospect is being re-examined by Brican Resources (VSE) for its potential to host large tonnage gold/copper mineralization. A detailed IP survey was recently completed on the 1,854- ac…
Vista pulls hot intersection while drilling Bootleg bet
Vista Mines’ Bootleg property near Creighton, Sask., continues to produce some pleasant surprises at it comes within weeks of an internal feasibility stage. With a 20,000-ton bulk sample program in pr…
Inco-Falconbridge earnings July 26/88 general news must go
Canada’s two big nickel producers attained record earnings levels in the second quarter of this year. Inco Ltd. (TSE), booming along on higher nickel prices, had record net earnings in the quarter of …
COATS Trading Features (August 01, 1988)
Kinova Minerals was trading actively this week on news that the company plans to take over Ontario Energy Marketing and Manufacturing. The latter is a private company which has the marketing rights to…
Metal Prices FREE MARKET (August 01, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date July 26 July 25 July 22 July 21 July 20 Lead 345-347 356-358 354-356 360-361 3…
Goldteck continues work on Stairs property
A surface work program to select more drill targets is under way by Goldteck Mines (VSE) on the Stairs property in the Matachewan area of northern Ontario. According to President William Bergey, expen…
Letters to the Editor Legalized crooks
I have been a subscriber to The Northern Miner for 20 years or more. I am a slow learner but after all these years I have come to the conclusion that some executives and promoters of mining are like p…
B.C. gives grants to prospectors
Grants to help 136 mineral prospectors have been approved under the British Columbia government’s half-million-dollar prospectors’ assistance program. “B.C.’s mining industry depends on active explora…