FUTURES PRICES Metal Prices (December 05, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Dec 154.50 151.00 153.50 + 10.70 Jan 144.00 143.30 144.00 — Mar 133.50 130.10 133.00 +…
News
Editorial Questionable ethics
Big business has been on the ropes lately, taking a beating for its perceived lack of ethics. Practitioners of capitalism, so the argument goes, follow no moral code whatsoever, save that of total sel…
Ghanorcan seeks funds, plans amalgamation
Seeking to obtain private placement financing of up to $2.25 million, Ghanorcan Resources of Toronto is also negotiating an amalgamation with Consolidated Thompson-Lundmark Gold Mines (TSE) and Quebec…
BATHURST AREA DEPOSITS (see map)
1. Nash Creek 2. Falls Gulch 3. Rocky Brook 4. Popelogan 5. McKenzie Gulch 6. Millstream West 7. Rocky Turn 8. Orvan Brook 9. Caribou mine 10. Murray Brook 11. Restigouche 12. Middle…
Gibraltar mine back in operation
Striking employees of Gibraltar Mines’ (TSE) copper mine and mill near Williams Lake, B.C. accepted an offer by the company to settle a 6 – month work stoppage. Art Brown, mine manager, said the propo…
Letter to the editor B.C. questionnaires
The British Columbia Ministry of Energy, Mines and Petroleum Resources has engaged the University of Victoria Centre for Public Sector Studies to conduct an evaluation of the FAME Program sponsored by…
Editorial Free trade rumblings
Seismologists will be studying for years the earthquake that shook Eastern Canada recently. Measuring 6.2 on the Richter scale, the earthquake was the strongest on this side of the continent this cent…
WAMAC raffle
Winners of the Women’s Association of the Mining Association of Canada’s raffle November 18 are: — First prize, a Wardair show tour for two; ticket 0064, Ashley Balchin of Oakville, Ont. — Second pr…
Innovation rewarded at Redpath
During 1987, the innovation committee at J. S. Redpath Limited was established to evaluate ideas presented by employees. Since that time, many gold and silver coins have been awarded as well as dinner…
News in Brief (December 05, 1988)
City Gold Corp. has changed its name to ExtraCare Corp. (EXT:ASE) on a share-for-share basis.
American Reserve, Assoc. Porcupine to amalgamate
American Reserve Mining Corp. (VSE) and Associated Porcupine Mines Ltd. (TSE) have announced a merger proposal which will see American Reserve take over a 100%-interest in Associated Porcupine for abo…
Cambior gets 30% of Nova-Cogesco
Cambior Inc (TSE) has made an offer to acquire between 30% to 60% of all the shares of Nova- Cogesco Resources (ME) at $1.50 per share. Cambior, which owns about 3.8% of the company, wants to increase…