Teck mill to Highland Valley
The long dormant Highmont mill of Teck Corp. will be incorporated into the Highland Valley Copper partnership which until now only included Cominco Ltd. and Lornex Mining. Cominco and Lornex put their…
1988
Metal Prices PRODUCER PRICES (February 08, 1988)
ALUMINUM: MW U.S. Market 90.50 cents -92.00 cents per lb. (Jan 21, 1988). ANTIMONY: New York dealer $1.14-$1.18 per lb. (Jan 14, 1988). BISMUTH: New York dealer $4.75-$4.85 per lb. (Jan 14, 1988). CAD…
Falconbridge profit, but cloud hovers
While something of a Caribbean cloud now sits over the company, Falconbridge Ltd. last year achieved a major upturn in its fortunes, recording a profit before extraordinary items of $29.7 million, or …
Bar Association to discuss Lac/Corona
The aftermath of the ongoing court battle by Lac Minerals and International Corona Resources over the Williams mine at Hemlo will be the subject of a meeting Feb 10 of the natural resources and energy…
19 fatalities in 1987 prompt committee probe
After one of the worst years for mining fatalities in recent memory, a committee of mining, government and union representatives is looking at ways to make the industry more safety conscious. The Cana…
Thierry equipment sale
The final equipment from the shutdown Thierry copper mine near Pickle Lake, Ont., is being sold by owner Umex Inc. Since shutting down in 1982 as a result of weak copper prices, the Thierry mine was k…
Noranda/Int’l. Impala drilling Paquet bet
Three holes have been completed in the diamond drilling program by Noranda Exploration and International Impala on their Bradley Option property on Newfoundland’s Baie Verte Peninsula. The drilling co…
Letters to the Editor Negative column?
Enclosed are copies of a couple of mvp Capital Corp.’s weekly market bulletins by Ian McAvity. Their tables reflect significant market facts for gold investors. These I never would have suspected had …
Montreal Exchange: Prices in decline (February 08, 1988)
A falling gold price meant nothing but bad news for resource companies this week, with the mining and minerals index experiencing four consecutive days of decline, including an almost 46-pt drop one d…
WMC offers `technical, financial’ backing to Canadian companies
** over ** With a number of company operations currently being expanded and several mines under development, Australia’s Western Mining Corp. believes that “additional diversification outside of Aust…
Kam-Kotia selling Davis-Keays shares
Control of a company with an undeveloped copper property in northern British Columbia is being sold by Kam-Kotia Mines of Toronto to a numbered company in Vancouver. President of the numbered company …
COATS Trading Features (February 08, 1988)
A takeover offer for all the shares of Newfield Mines has been made by Toronto-listed Jonpol Explorations. Jonpol is offering one common share for each Newfield share. Jonpol ended the day at $1.90 wh…