News




New rules mean heavy costs to monitor mine effluent

Ontario mines will face some heavy expenditures this year when senior levels of government require them to begin a more intensive program of monitoring waste water discharged into lakes, rivers and st…


Hope Brook mill 4-week shutdown could hurt output

Milling operations at the Hope Brook Gold (TSE) mine in Chetwynd, Nfld., resumed recently after the company completed modifications to its effluent treatment facilities. But general manager Bill Fothe…


Montreal Exchange No pattern to trading

Mixed trading characterized the week on the ME, with a province- wide power failure slowing activity considerably on one trading day. The Monday morning blackout prevented the exchange from functionin…


Hudson Bay mining Chisel Lake crown

Zinc ore production from the crown pillar at the Chisel Lake mine in Snow Lake, Man., has hit its scheduled pace. Owner and operator Hudson Bay Mining & Smelting (TSE) reached planned production rates…


High-tech uses for platinum group metals

(Editor’s note: The following is the second of a 2-part series on platinum group metals. The first part, published last month, focused on palladium.) The four other platinum group metals (pgm) — rhod…



Metals Prices Futures Prices

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Mar145.00 140.70 144.60 — 5.50 May138.50 133.50 138.30 — 5.70 Jul132.00 126.60 …


Normetal drilling

Drilling on targets near old workings has resumed at the Normetal zinc-silver property in Perron and Desmeloizes twps. in northwestern Quebec, Normetal Mining Exploration (ME) and La Sarre Mining Expl…


INSIDER TRADES (March 20, 1989)

Agnico-Eagle — M. Drutz bought 36,000 (Dec., Jan.) @ $11.63-$12.88 to hold 37,000. Atlantic Goldfields — Waverley Asset Mgmt sold 1,836,000 (Feb., private) @ $1.10 to hold 568,233. Belmoral — Belmo…


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