New junior exchange looming closer?
Ontario would appear to be moving closer to a junior mining stock exchange with the formation of National Quotes Inc., an outgrowth of the coats system (short for Canadian Over-The-Counter Trading Sys…
News
Vancouver Stock Exchange Tundra Gold unchanged
There’s been a significant downturn in Vancouver, reflecting in part the seasonal nature of exploration throughout much of the country and uneasyness over the 91 point free-fall in the Dow Jones Tuesd…
Editorial Trade deal better than no deal at all
The mining industry in Canada has reason to feel happy about the eleventh-hour free trade agreement that has been hammered out between the U.S. and Canada. Generally speaking the industry, which expor…
Golden Range gets B.C. silver project
Golden Range Resources has optioned a 7,200-ac property near Revelstoke, B.C. The company can earn a 100% interest in the ground by spending $500,000 on exploration over a 5-year period and making cas…
Granges will operate Alpine project
Granges Exploration will take over as operator of the Alpine gold project of Cove Energy Corp., under a multi-faceted agreement between the two companies. The project is located near Nelson, B.C. Cove…
Belmoral names new chairman
A new chairman and chief executive officer has been named at Toronto-based Belmoral Mines. Kenneth Dalton, who was the company’s executive vice-president and chief financial officer, assumes the top p…
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.
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 …