1987

Rock mechanics: Proceedings of the 28th U.S. symposium, in Tucson, Ariz., June 29-July 1, 1987, published by the University of Arizona, 1264 pages, $55(US). The 140 papers in the proceedings cover all…

The most important single item of news to be found in the bruising events flowing from the panic on world stock exchanges from Oct 19 on is that the gold price retained its value (while stocks did not…

Assay results from the first hole drilled in a 20,000-ft program on the Sam silver property of Faraway Gold Mines near Houston, B.C., indicate one 45-ft section with ore values comparable to the gross…

ALUMINUM: MW U.S. Market 85.00 cents -88.00 cents per lb. (Oct 22, 1987). ANTIMONY: New York dealer $1.10-$1.16 per lb. (Oct 8, 1987). BISMUTH: New York dealer $4.90-$5.00 per lb. (Oct 22, 1987). CAD…

The uptrend in earnings of Dickenson Mines continues, with net for the nine months ended Sept 30 ahead to $4,981,000 or 34 cents per share, up from $2,783,000 or 25 cents a share for the same period…

Following the sale of its shares in West Kootenay Power and Light Co., Cominco Ltd. has reported unaudited consolidated earnings of $92.6 million for the 9-month period ended Sept 30. That compares wi…

Midland Energy Corp. of Vancouver will quadruple the value of its ore reserves and increase its exposure to Third World mining by acquiring Rayrock Yellowknife Resources’ Chilean, Ecuadorian and Costa…

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Nov. 3 Nov. 2 Oct. 30 Oct. 29 Oct. 28 Copper 1223-1224 1194-1196 1175-1178 1145-1…

N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Nov. 88.60 86.75 88.60 + 7.30 Dec. 86.90 84.50 85.60 +…

Volumes were way down on the Vancouver Stock Exchange this week compared to the previous week. Only one issue — Tundra Gold Mines — traded more than a million shares. Last week Tundra traded more th…

Although a New York brokerage house has not included Galactic Resources on its recommended list, it says Galactic’s four major properties are interesting vehicles for those investors willing to bear p…

Canadian Explosives Distributors Association — Rene Mass elected president for 1987-88.