Cadmium prices at record levels
Prices for cadmium have taken off and reached record levels. Metals Week was recently quoting a U.S. dealer price range of $6.80- $7.10 per lb for the silver-white metal. A tight market is the primary…
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Alberta Stock Exchange Argus big trader
The Winter Olympics may be over, but Argus Resources led the pack this week trading over 1.2 million shares in three days. Those are big numbers for an Alberta listing and they reflect continued drill…
Jascan, Atlantic get $40 million for Noxon share
Half a year ago Jascan Resources and Atlantic Goldfields each invested $3.5 million in order to earn a 45% interest in the Noxon silver-copper deposit in Montana (N.M., Feb 8/88). Now they’ve reached …
Vancouver Stock Exchange Tone appears positive
Despite lower gold prices and a stronger Canadian dollar, there is a much more positive tone to the Vancouver market this week. Brokerage month-end, which has tended to depress stocks recently, is no …
Queenstake and Childs drill Argus gold bet
A $300,000 (US) drill program is planned on Queenstake Resources’ Argus gold project near Bakersfield, Calif. About 12,000 ft of drilling will be carried out in 1988 with the goal of bringing the Dave…
Editorial Playing games with tax laws
Taxes are a necessary evil, the cost of living and doing business in Canada. It’s easy to complain about them until one considers the alternatives. But if taxes are a fact of life, the games that go…
Brunswick posts profit in 1987
Net earnings in 1987, before unusual items, of $11.8 million were recorded by Brunswick Mining and Smelting compared to a loss last year of $6.9 million. After unusual items, earnings in 1987 totalled…
Toronto Stock Exchange Renewed confidence moves index over 3,200
The leg of a rally appears to be developing, as equity markets enjoyed one of there best weeks in months. The prospect that interest rates are set to slide lower is a catalyst. Also, the combination o…
Gateford drills strong hole
A strong drill intersection has been completed by Gateford Resources on the company’s Cooper gold property. Located 10 miles northeast of Madoc, Ont., the property was partially developed by a shaft i…
Books A rags to riches saga
Rags to riches stories are not uncommon in the mining business, but few will match the feeling related in Silver Threads Among the Gold. Graphically told by author Mike Macbeth, it’s the Agnico story …
Copper industry is ready to reap reward of restructuring
There is no question but that virtually all sectors of the copper business are enjoying good times today after what were, for the producers, some pretty tough years. But as a direct result of those di…
Colray completes La Ronge gold survey
Colray Resources has completed an airborne geophysical survey program on four of its large blocks covering some 25,000 acres in the La Ronge gold belt area in northern Saskatchewan. W. J. Pearson, the…