Ansil on track foir Minnova
It’s not official yet, and won’t be for another few months, but Minnova Inc. plans to put its Ansil copper mine near here into production at the end of 1988 or beginning of 1989. The Northern Miner re…
News
Editorial A plan to keep the mining towns going
The following is extracted from a brief presented by the Canadian Associatio n of Single Industry Towns at the recent 44th annual mines ministers’ conference, in St. John’s, Nfld. “We believe that t…
Glimmer active in Harker-Holloway
An exploration program of surface stripping and sampling is being performed by Glimmer Resources on the company’s 108-claim property in Barnet Twp., Ont. The claims are located in the Harker- Hollowa…
Etruscan exploring gold bet in Nevada
Exploration work worth $275,000 will be spent by Etruscan Enterprises of Vancouver on a gold property in Nevada, President R.J. MacNeill reports. The program, comprising i.p. surveys, drilling and add…
Metal Prices PRODUCER PRICES (September 14, 1987)
ALUMINUM: MW U.S. Market 78.00 cents -81.00 cents per lb. (Sept 3, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Sept 3, 1987). BISMUTH: New York dealer $4.75-$5.00 per lb. (Aug 20, 1987). CA…
Nuinsco remains bullish on Beauchastel project
Nuinsco Resources and Seadrift International remain bullish on the prospects for their Aldermac project at Beauchastel Twp. near Rouyn/Noranda, Que. The joint venture partners are encouraged by result…
New Pascalis Mines will not take part in Cambior program
New Pascalis Mines has decided it will not participate in a $10-million underground program of Cambior Inc., now under way on the No 1 showing on the 38 New Pascalis claims located some 25 km east of …
Placer bulk test yields 1,000 oz for Gold City
A 30-day bulk sample test of gold placer gravels at Indian River, 35 miles south of Dawson City, Yukon, has yielded 1,000 oz of gold dore ingots, Gold City Resources reports. Gold City is conducting t…
Toronto Stock Exchange Rate and inflation fears awakening
After five years the raging bull market which has propelled most market indices to record highs, is finally showing distinct signs of aging. A common characteristic of this aging process is the high d…
$10m. exploration for Glen Auden
With interests in 24 gold exploration projects, Glen Auden Resources will be exposed to $10.2 million of exploration this year. A majority of the funds are being contributed by 14 joint venture partne…
Vancouver Stock Exchange Roxwell Gold among the high flyers
There’s nothing quite like rising interest rates to send tremors through the market. Following New York and Toronto’s lead yesterday, Vancouver tumbled 22.5 points and by presstime it was down another…
Metal Prices FUTURES PRICES (September 14, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sept. 81.00 78.50 80.90 — — Dec. 79.25 76.70 79.15 + 4.20 J…