HSK plans to raise $6 million
HSK Minerals has entered into private placement agreements which will raise a total of $6 million. A portion of the funds will be used to pay for hsk’s share of the 41% control interest in Queenston G…
1987
SherrGold taking care of mine start-up woes
Gold recoveries fall below feasibility study estimates and gold production tumbles below start-up expectations. The patient is heard to babble “Where has all the yeller went?” Diagnosis — the start-u…
COATS Trading Features (May 25, 1987)
Two of the companies involved in the Lac des Isle platinum play doubled this week. Led by TSE- listed Madeleine Mines, which reached a new high today of $11.25, Belleterre Quebec Mines rose to $1-$1.0…
Editorial “Odds” illustrations wanted
It has been quite some time since we last commented in this space on the somewhat remarkable — and certainly appreciated — flow of contributions we have had to our Odds ‘n’ Sods column, now carried …
Metal Prices FUTURES PRICES (May 25, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) May 67.15 66.25 66.90 — 1.10 July 66.45…
Slumping oil prices hurt Conwest earnings
While admitting that the recent oil price collapse wasn’t in Conwest Exploration’s business plan, Chief Executive Officer John Lamacraft is quietly hoping that an oil industry rebound could boost his …
Leoben conference
The Leoben Mining Conference 1987 is scheduled to take place Sept 22-26 in Leoben and Graz, Austria. The conference, organized every 25 years, took place in Leoben in 1962 and 1937, and in Vienna in 1…
Metals snips
Gorham International has published its fourth study on asbestos and asbestos replacements since 1980, An Assessment of Asbestos Replacements: Economic, Performance and Technical Considerations. Despit…
Minerals shipped world-wide
More than 80% of Canada’s mineral production is shipped to markets around the globe, making the country the world’s largest exporter of minerals, reports the Mining Association of Canada. The country …
Montana silver mine back in production
Production has resumed at the Black Pine silver mine near Philipsburg, Mont., Inspiration Resources reports. Operations were suspended at the U.S. mine site in March, 1986, because of low silver price…
Delaware options Ungava prospects
Calgary based Delaware Resources has signed a letter of intent to option four of the Ungava region prospecting permits in Northern Quebec to Beaufield Resources Inc. Delaware holds a 50% working inter…
Montreal Exchange Audrey trades higher
Continuing to trade actively on the Montreal Exchange is Audrey Resources, which this week closed up 90 cents to $4.35 on a volume of 670,200 shares. Audrey has a 70% interest in the Mobrun project (…