PRODUCER PRICES (January 11, 1988)
ALUMINUM: MW U.S. Market 87.00 cents -88.00 cents per lb. (Dec 29, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Dec 10, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CAD…
News
News in Brief (January 09, 1988)
Permian Resources has changed its name to M.L. Cass Petroleum Corp. ** ** (MLO:VSE) on a 4-old- for-1-new share basis. ** New Spirit Resources and Developments Inc. has changed its name to …
Books in Review Property transactions and exploration activity
With high prices for developed gold properties in the U.S. dampening the ardor for acquisitions, there is a renewed interest on the part of mining companies in acquiring less-developed properties. Met…
Books in Review Fiduciary update
The first Canadian book which attempts to illustrate how the concept of fiduciary duties apply to business and professional relationships is now available. Fiduciary Duties in Canada attempts to provi…
Northgate boosts Geddes shareholding
A private placement of one million flow-through shares at $1.50 per share has been arranged by Geddes Resources (TSE) with Northgate Exploration (TSE). The placement is subject to regulatory approval….
Alberta Stock Exchange (January 09, 1988)
Judging by the low volumes and lack of activity on the Alberta Exchange this week, 1989 was heralded in with more of a whimper than a bang. Of the Alberta gold issues, only Holmer Gold Mines made any …
Highwood begins negotiations for Thor Lake beryllium mine
Environmental research and permitting negotiations are under way for Highwood Resources’ (TSE) Thor Lake beryllium project 65 miles southeast of Yellowknife, N.W.T. According to D. G. Thomas, presiden…
Metal Prices FREE MARKET (January 09, 1988)
London Metal Exchange Spot closing prices in $US per tonne, except copper (pounds sterling per tonne) Date Jan 3 Jan 2 Dec 30 Dec 29 Dec 28 Copper 1929-1934 N/A 1875-1877…
First Toronto, Pacvest in amalgamation
A new company, First Toronto Mining (TSE), has been created through the amalgamation of First Toronto Capital and Pacvest Capital. Shareholders of First Toronto will receive one share of the new compa…
Investment Comment Cambior keeps on growing
Cambior Inc. (TSE) dramatically entered the ranks of Canadian gold producers with the largest-ever initial public offering made in Quebec. The $150-million issue was warmly received late in the summer…
Editorial The doors are open
January 1, 1989, holds no magic for Canadian companies that sell their goods or services south of the border. The free trade agreement between Canada and the United States officially went into effect …
Stratmin secures funds for graphite project
A Swiss company, Alpha Securities AG, has agreed to invest $1.5 million in Stratmin Inc. (ME) in return for about 1.4 million A shares of the latter valued at $1.10 per share, Stratmin reports. The su…