1988


Placer Dome: North American favorite

What North American gold stock do institutional investors favor? Placer Dome Inc. (TSE). According to analysts Rick Cohen, Brian Flower and Elaine Howell of James Capel & Co., shares of Placer Dome re…


Exploration chief sought by LAC

Gold producer LAC Minerals (TSE) is looking for a new vice- president exploration. Robert Valliant, appointed to the position in the spring of this year, has left the firm. Valliant, who had been with…


Alberta Stock Exchange Copper gets attention

With gold prices off slightly, investors were turning their attention to copper this week. Following an announcement that a high grade copper showing has been found at the Rambler property near Baie V…


Convention reflects industry strength

There was a surprising unanimity of opinion on the future of the United States precious metals industry by key executives at the Northwest Mining Association convention held here recently. A special f…


Books in Review Nevada Mines’ report

Nevada Mines and Geology Special Publication MI-1987, “The Nevada Mineral Industry — 1987,” is now available. This publication is ninth in a series of annual reports that summarize mining, oil and ge…




Ronrico busy at Louvicourt mine

A production decision could come in the new year for the Simkar gold project near Val d’Or, Que., Ronrico Explorations’ (VSE) President Donald Kemp told shareholders at the company’s annual meeting in…


Pegasus plans shareholder protection

The novel shareholder protection rights program adopted by Pegasus Gold Corp. (TSE) is designed to prevent “creeping takeovers and other coercive acquisition tactics,” the company says. The plan has b…


Higher base metals prices boost Westmin earnings

Higher base metal prices brightened the financial picture considerably for Westmin Resources (TSE) during the first nine months of 1988. The company reported net earnings of $16,066,000 or 9 per commo…


J.A.G. pondering on-site test mill

Encouraging results have been received by J.A.G. Mines (ME) from underground sampling of the Aubelle vein at the Belleterre property in northwestern Quebec. Average grade of the assays of 10 bulk samp…


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