Ronrico results from Simkar
Mapping on the 4th level of the Simkar project has led to the discovery of a gold mineralized alteration zone. Located near Val d’Or, Que., the Simkar project is operated by Ronrico Explorations (VSE)…
1988
Inco has $10-million to look at Couchenour
With its Golden Pond East zone in Quebec already up and running, Inco Ltd.’s (TSE) gold exploration arm is attempting to add to its mineable reserve inventory by sinking $10 million into the old Coche…
Sutton/Crown Drilling Creede Property
Drilling of two deep holes is now under way on the Creede, Colorado silver-gold property held 50/50 by partners Sutton Resources (VSE) and Crown Resource Corp. (NASDAQ). The project is located in the …
Mixed Results From Toodoggone Drilling
Results of a recent drill program on the Chappelle project in the Toodoggone area of British Columbia has led Multinational Resources (VSE) to the conclusion that economic grades are restricted to bel…
Analysts denounce linking dividends with `poison pills’
Inco’s(TSE) plans to institute a recapitalization plan that would include a shareholders’ rights plan, often known as poison pills, and a special $10(US) dividend has prompted a group of securities an…
Hall of Fame dinner postponed
The Canadian Mining Hall of Fame inaugural dinner has been postponed to Jan 9, 1989. The dinner, where the first inductees into the Hall of Fame will be announced, was to have been held on Nov. 21, 19…
Queries Black Bay Uranium is now Atco Ltd.
I wish to have information on a company called Black Bay Uranium. I hold a total of 13,000 shares in this company. I also own 800 shares of another company called Allied Pitch- Ore Mines Ltd. Can you …
Metal Prices FUTURES PRICES (October 17, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Oct 129.50 129.50 129. 50 + 11.25 Dec 120.30 117.10 120.10 + 10.15 Jan 116.00 116.00 116.3…
Letters to the Editor CB Perception causes rise and fall of stock
As a layman I would like to express my opinions on the price of stocks. Stock prices may rise or fall depending on the public’s perception alone. The profit or loss of the individual company does not …
Mining Reserve Calculations Begin For Sulphurets Project
Reserve calculations to be used in generating mining reserve figures for the advanced Sulphurets project in northwestern British Columbia are now in progress. The property is owned 60% by operator New…
Northgate, Westfield pool mining assets
Northgate Exploration (TSE) and affiliate Westfield Minerals (TSE) have agreed to pool several assets into a holding company. Known as Norwest Holdings, the company will own an 18% interest in Whim Cr…
Metals Page: Platinum demand to outstrip supply to ’93
Looking into the future, Johnson Matthey, the large refiner and supplier of platinum group metals, says demand for platinum will continue to put pressure on the supply of newly-mined metal during the …