News


Board change at Zahavy

The completion of effective control of Zahavy Mines was carried out by Noramco Mining Corp. The old board of Peter George, president, A. J. Lewis, general manager and R. G. Lewis, secretary-treasurer,…


Metal Snips (November 30, 1987)

While a Japanese cosmetics firm reports it has available a synthetic mica, substitution of natural mica in foundation and face powder by the new material does not appear imminent: it costs four times …


Metal Prices PRODUCER PRICES (November 30, 1987)

ALUMINUM: MW U.S. Market 79.50 cents -82.00 cents per lb. (Nov 12, 1987). ANTIMONY: New York dealer $1.08-$1.12 per lb. (Nov 12, 1987). BISMUTH: New York dealer $4.75-$4.85 per lb. (Nov 12, 1987). CA…


Kimex offering

Value of an offering carried out by Kimex Resources recently admitted to trading on the Montreal Exchange (symbol kmx), was $450,000. Kimex, with offices in Rouyn- Noranda, Que., owns three properties…


Alberta Stock Exchange (November 30, 1987)

In recent trading sessions, positive drill results from Jilbey Industries’ Fontana gold property near Amos, Que., has kept the issue buoyant while others have floundered. As if to emphasize that, Jilb…


Vancouver Stock Exchange Goldbrae moves up a dime

Analysts who predicted that gold stocks would lead the market recovery could be right; but there’s some question whether stocks will return to the somewhat inflated multiples we saw earlier. Reflectin…


Goldpost shares

Goldpost Resources reports it intends to purchase through a normal course issuer bid up to 100,000 of its common shares representing about 2% of its issued and outstanding capital stock.



Analysts watch Homestake for Pickens’ move

After failing to gain control of Newmont Mining Co., Texas oilman T. Boone Pickens may be preparing for a run at another major American gold producer, a New York-based mining analyst says. “Early indi…



Letter to editor Coxheath omitted

I was disappointed to note in your article about Gold fever in Canada (N.M., Nov 16/87) that our company, Coxheath Gold Holdings, was not included as a major player on the Nova Scotia gold scene. With…


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