Editorial Arm twisting
Canadians sometimes like to point their collective finger at the United States when it comes to placing blame for air pollution, particularly air pollution that causes acid rain. Yes, Inco and Noranda…
1988
Investment comment Galactic returns to broker’s good books
After its credibility was severely damaged by operating problems at the Summitville gold mine in Colorado, Galactic Resources (TSE) appears to be back in the good books of at least one British brokera…
Shareholders shuffle Gordex directors, await Cambior deal
Some financial and technical muscle has been added to the board of directors of Gordex Minerals (TSE) of Saint John, N.B., after shareholders voted to replace four existing directors. The company coul…
Drilling Planned for B.C. Silver Project
After uncovering high grade silver during their recent Phase I exploration program, 50/50 joint venture partners Schellex Gold (VSE) and Harrisburg- Dayton Resource Corp. (VSE) say a 4000-ft diamond d…
PRODUCER PRICES (August 29, 1988)
ALUMINUM: MW U.S. Market $1.24-$1.28 per lb. (Aug 11, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.90-$6.05 per lb. (Aug 4, 1988). CADMIUM: New Yor…
Vancouver Stock Exchange Low volume, higher interst rates
The VSE market churned its way on very low volume through yet another quiet week. The most noteworthy event was the VSE Index dropping below the psychological 1000 mark, but this wasn’t enough to get …
Belore to earn 50% of United Reef bet
Toronto-based Belore Mines (ASE) has agreed to earn a 50% interest in United Reef Petroleums’ (TSE) Meat Cove deposit, the company said recently. Located on Northern Cape Breton Island, N.S., the zinc…
Approval given for ABM/Northgate deal
Toronto-based Northgate Exploration (TSE) has completed a transaction to acquire all of the shares of ABM Mining Group, a Vancouver holding company. The transaction gives Northgate 45% of the equity a…
Metal Prices FUTURES PRICES (August 29, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug 101.00 99.50 100.05 + 6.60 Sep 101.20 99.25 100….
Query Aldermac was Ascot
I’d like to know what happened to Aldermac Copper Corp. I understand it was bought by Ascot Metals Corp. in 1949. I’d like to know the name of the present company which took over Aldermac Copper. F. …
Timmins Report Matheson stops prosperity
Black River – Matheson Township council has been accused twice of behaving in a manner that prevents prosperity to the township, located 40 miles east of Timmins, near the burgeoning Harker-Holloway g…
Books (August 29, 1988)
Bicentennial Gold ’88 Conference — A 3-volume set of extended abstracts comprising oral and poster papers presented at Australia’s first international conference on the geology of gold deposits, May …