1988

Mining must adapt to stay competitive, banker says

Mining, like other industries in Canada, must change with the times to remain competitive, the chairman of the Bank of Montreal said at the 56th annual convention of the Prospectors and Developers Ass…


Alberta Stock Exchange No stopping Argus

Two halt trading orders within 10 days have done nothing to stymie demand for the Argus Resources issue. While the share price dropped 51 cents to close at 88 cents , a gargantuan 1,773,800 shares ch…


Editorial Another great convention

Once again, the Prospectors and Developers Association of Canada has organized and executed a successful annual convention. With more than 4,000 delegates registering — the most at any of the associa…


Valentine, Tenquille to develop Ashlu bet

Two Vancouver companies, Valentine Gold and Tenquille Resources, have agreed on a joint venture to finance development of the Ashlu gold property near Squamish, B.C. To earn a 50% interest, Valentine …


Pegasus reports record profits

Spokane- based Pegasus Gold reported record net earnings for 1987 of $14,492,000 or 70 cents per share, a 3- fold increase over 1986 earnings of $4,654,000 or 35 cents per share. For the fourth quar…


Cominco expands output capacity for minor metals

With a $2.3- million indium project and a $5.8- million germanium recovery project under way in Trail, Cominco Ltd. is set to become the lowest- cost world producer of the two strategic metals by year…


Metal Prices FREE MARKET (March 14, 1988)

London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 8 Mar. 7 Mar. 4 Mar. 3 Mar. 2 Copper 1263-1265 1273-1278 1265-1267 1259-1261 1252…



Quebec charges Noranda of violating pollution law

The Quebec government has charged Noranda Minerals with three counts of violating provincial air pollution laws. The charges allege that the company’s Horne copper smelter in Rouyn-Noranda, Que., emit…


COATS Trading Features (March 14, 1988)

A new issue, Transgold Resources chalked up the best gains this week, trading to a high of $1.05 before slipping back to 95 cents -$1. Volume was 272,000 shares for the week. The company, which came o…


Editorial Free-trade opponents

Opposition to the proposed Canada-U.S. free trade agreement has recently been coming largely from south of the border while opponents in Canada have been uncharacteristically quiet. The most recent …



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