Montreal Exchange Trading perks up
Investment activity came alive this week with the general market portfolio index climbing almost 59 points and the mining and minerals index gaining more than 49 points. Daily trading volumes were fai…
1989
Cusac has results from Cassiar bet
A diamond drilling and trenching program on the Cassiar gold property owned by partners Cusac Industries (TSE) and Total Energold (TSE) has returned some encouraging gold values in a new surface vein….
Oneida, Placer Dome in property deal
A letter of intent has been signed by Placer Dome (TSE) and Oneida Resources (VSE) whereby the former may earn a 60% interest in the Maple Lake and Floating Heart properties of Oneida in the Mishibish…
Papers sought on structural controls
As part of the annual meeting of the Geological and Mineralogical Associations of Canada in May, 1990, there will be an international conference on “Structural Controls on Ore Deposits.” Send offers o…
Barringer to give keynote address
In the symposium scheduled for Nov 20-21 by the Saskatchewan Geological Society, Tonny Barringer will deliver the keynote address titled “Integration of Satellite, Airborne and Ground Data in Mineral …
Metal prices move up, commodity index down
Metal prices gained but the all- commodity price index of Scotiabank slipped 0.2% in August from the previous month. It was the seventh consecutive monthly decline for the over-all index. The gain (2….
Potash Corp plans bond offering to raise $100-million
A $100-million bond offering is being planned by the Potash Corporation of Saskatchewan, a provincial Crown corporation and the largest potash producer in the world. The offering, limited to residents…
Hidden Lake Gold seeks JV partner on NWT gold bet
A summer exploration program on Hidden Lake Gold Mines’ (VSE) Wheeler Lake property in the Northwest Territories has detected at least six gold showings along a 7-mile stretch of iron formation rocks….
Vancouver Stock Exchange Maqrket frowns on Calpine deal
The market continued its retreat again this week, with the VSE Index off a further 4.38 points to 779.09 at presstime. Brokers say trading remains sluggish, with 9.7 million shares valued at $11.3 mil…
Editorial Interpreting polls
If a poll conducted for the Mining Association of Canada by the Angus Reid Group can be believed, Canadians have a great deal of faith in the mining industry’s ability to carry out its business withou…
Spinoffs from mining benefit Northwestern Ontario
Ever since the first big gold rush to Red Lake, Ont., back in the 1920s, the vast expanse of Ontario’s northwestern region has presented a curious mixture of challenge and opportunity to the mining in…
Metal Prices FUTURES PRICES (October 09, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct130.00 129.40 129.55 + 6.65 Nov– — 127.45 + 6.05 Dec126.95 125.30 125.95 + …