Asarco earnings up (October 31, 1988)
Strong copper and zinc prices are being cited as reasons behind the strong financial performance of Asarco Inc. (NYSE) for the third quarter ended Sept 30. For the period, the mining company made a pr…
News
COATS Trading Features (October 31, 1988)
Mining issues didn’t show much life in the COATS system this week. Tanager Resources was unchanged at 20 . The company recently announced it is negotiating joint venture financing to conduct more expl…
Vancouver Stock Exchange Drill hole adds some zip to market
After what seemed to be a long dry spell in discovery, War Eagle Mining put some zip back in the market when it reported a 275-ft interval grading 0.161 oz gold and 1.58 oz silver per ton from a depth…
Minefinders building Dubuisson East tonnage
Drill-indicated reserves at the Dubuisson East property near Val d’Or, Que., are approaching 500,000 tons at an average grade of 0.17 oz gold per ton, Minefinders Corp. (VSE) reports. The deposit rema…
Forbex-Cambior deal
Close to earning a 50% interest in the Stadacona-East property near Rouyn-Noranda, Que., from Forbex Inc., (ME) is Cambior Inc. (TSE). Under an agreement signed in June, 1987, Cambior earned the right…
Imperials Metals subsidiary hits zinc in U.K pilot hole
An Imperial Metals Corp. (TSE) subsidiary, Anglesey Mining, has encountered zinc-bearing sulphide mineralization in a pilot hole at its Parys Mountain property in North Wales, U.K. The test hole was p…
Montreal Exchange: Newest Cambior mine
A second production decision in 1988 has been announced by Cambior Inc., this time involving the Pascalis gold project located 15 miles east of Val d’Or, Que. Full production, 35,000 oz gold per year,…
Bull market for copper, no sign of slowing
The bull market in copper doesn’t seem to want to go away. The base metal, which was selling above $1.40(US) per lb at the end of 1987 and has been selling in the $1 range for a good part of this year…
Updated Reserve Report In Progress for Ketza River
A detailed reserve report update is being compiled by consultants Derry, Michener, Booth & Wahl for the Ketza River gold project in the Yukon Territory. Project operator Canamax Resources (TSE) expect…
Pamorex earnings
Pamorex Minerals (TSE) realized a profit for the second quarter ended Sept 30, of $731,000 or 5 per share. This compares with a loss of $294,000 or 1 per share in the same period last year. The profi…
Bull market for copper shows no sign of slowing
The bull market in copper doesn’t seem to want to go away. The base metal, which was selling above $1.40(US) per lb at the end of 1987 and has been selling in the $1 range for a good part of this year…
Letters to the Editor CANMET, NSERC studies at UBC
We would like to express our thanks for the timely article under “Environmental Politics” on the editorial page of the Sept 12 issue, referring to CANMET’s activities in this important area. Although …