1988

Obituaries Thomas J. McQuillan

Thomas J. McQuillan, one of British Columbia’s best known prospectors , died at White Rock, B.C. recently after a lengthy illness. He was 70. McQuillan was born in Nanaimo and, as a young man, worked …


Metal Prices FREE MARKET (August 08, 1988)

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Aug.2 Aug. 1 July 29 July 28 July 27 Copper 1219-1221 1214-1216 1251-1253 1224-1226 1231-1233 Lead 346-3…



Metal Prices PRODUCER PRICES (August 08, 1988)

ALUMINUM: MW U.S. Market $1.24-$1.28 per lb. (July 28, 1988). ANTIMONY: New York dealer $0.99-$1.05 per lb. (July 21, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …


Magma Copper profit is up

Magma Copper reports net income of $11.7 million(US) or $0.31 per common share on revenue of $136.2 million during the second quarter of 1988 compared with $7.5 million, which contained a pension sett…


Power negotiating joint ventures

With two joint venture agreements arranged, junior mining firm Power Explorations (TSE) is looking to negotiate similar deals with other mining companies to bring its various properties in northwester…


Editorial Risky business

Mining is a risky business, right? And the men (or women) who are the leaders and the risk-takers are frequently under a lot of pressure as they weigh the various factors involved in finding and devel…


Low inventories help keep nickel high

Assuming the demand for nickel remains strong for the remainder of this year and well into 1989, and that the catching-up process by producers has some way to run until supply overtakes demand, intern…



Letters to the Editor Praise for Dome Mines

I was interested in an inside “highlights” item at the top of page 1 of your June 13 issue, which read; “Yesterdays — In the early 1900s Cobalt was the place to be.” How about “Dome Mines?” If one ha…


Queries Cusac stock is victim of market malaise

Since 1982, I have accumulated more than 30,000 shares of Cusac Industries. At a time when Cusac wasn’t making any money, I paid from $1.25 to over $3.50 for the shares. Now that the company is maki…



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