Agnico earnings are up sharply
A sharp improvement in the second quarter operations of Agnico- Eagle Mines has resulted in a 3- fold increase in this company’s half year net to $5.1 million or 37 cents per share, compared to $1.5 …
1987
Alberta Stock Exchange Gold volumes drop
Rumours of a presidential heart attack in conjunction with concerns about the future health of the U.S. dollar sent volumes careering headlong into what market watchers will hope is a temporary slump….
Hudson Bay disappointed At Metalore’s Brookbank
Deep drilling completed by Hudson Bay Gold has produced disappointing results from Metalore Resources’ Brookbank gold property near Beardmore, Ont. Ontex Resources holds a 10% net profits royalty on t…
Deal with Amoco Canada said good for Placer Dome
From a Placer Dome investor or potential investor point of view, at least two good things could happen as the result of a deal struck between the newly-formed mining giant and Amoco Canada Petroleum, …
Obituary Alex Samson
Alex Samson, former treasurer and a director of Campbell Chibougamau Mines (now Campbell Resources) has died in Peterboro, Ont., at age 80. Mr Samson, who was with Campbell Chibougamau from 1950 to 19…
Trench samples are encouraging
Encouraging gold values from initial trenching at the Tartan Lake property in northern Manitoba held under option from Goldbrae Developments have been reported by Westfield Minerals. The property is l…
Citadel options Duraine claims
Citadel Gold Mines has completed an agreement with Dunraine Mines and Goldun Age Resources giving Citadel the right to earn a 50% interest in the Parkhill gold property. The project is located near Wa…
Metal Prices FUTURES PRICES (September 07, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct. — — 76.35 — — Dec. 75.40 74.60 74.95 + 1.20 Mar. 7…
Metal Prices FREE MARKET (September 07, 1987)
Spot Gold, Silver, Platinum and Palladium prices Sept. 1 Aug. 31 Aug. 28 Aug. 27 Aug. 26 Gold London Bullion Dealers afternoon (morning) $US per oz. 453.75(453.10) N/A …
Letters to the Editor Reader called it right
Your editorial South African Strike in the Aug 17 issue suggests the possibility “that gold could soar even further on international markets as a result of a prolonged South African strike.” While thi…
Editorial Geological maapping might be better
Geological mapping, a senior Canadian geologist said, is just like the weather. Everybody complains about it, but nobody does anything about it. Happily, the Prospectors and Developers Association o…
Comm-lite seminar
Comm-lite, a seminar on underground mines radio and lighting, will take place Nov 24-25 at Laurentian University in Sudbury. Co-sponsors of Comm-lite are the Ontario Ministry of Labor and Laurentian U…