News



Dickenson, Wharf directors agree on merger proposal

The boards of directors of Dickenson Mines (TSE) and Wharf Resources (TSE) have approved the principal terms of a merger of the two companies, subject to shareholder and regulatory approval. Dickenson…


News in Brief (August 01, 1988)

Simicom 1988 and Company Limited and Partnership has entered into an agreement with Madeleine Mines (TSE) to provide the company with $500,000 in financing for the 1988 exploration season. The partner…


Cominco American

Cominco American Inc., a wholly-owned subsidiary of Cominco Ltd. (TSE), and alenco Petrochemicals have formed a partnership which will allow Alenco to participate in Cominco American’s nitrogen-based …


Dundee-Palliser ponders $8 million Vezza program

After spending around $5.6 million at the Vezza Twp. properties in northwestern Quebec, Dundee- Palliser (TSE) and partner North American Rare Metals (VSE) are gearing up for an underground exploratio…


Chevron signs major deal on N.W.T. gold properties

Junior mining companies don’t often take in a $1- million immediate cash payment from a major mining company as part of an option agreement — particularly for gold properties located in the Northwest…


Metal Prices PRODUCER PRICES (August 01, 1988)

ALUMINUM: MW U.S. Market $1.21-$1.26 per lb. (July 21, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …



Gold caught in neutral trading pattern

Bouncing around within a fairly narrow range, the price of gold seems to be caught in a neutral pattern, analyst Manford Mallory of Capital Group Securities of Toronto told The Northern Miner. The pre…


Cominco/Delaware project

On the approach to the SNIP airstrip 65 miles north of Stewart one begins to understand the hazards of minerals exploration in British Columbia. Sitting off to one side of the airstrip are the remains…


Power negotiating joint ventures

With two joint venture agreements arranged, junior mining firm Power Explorations (TSE) is looking to negotiate similar deals with other mining companies to bring its various properties in northwester…


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