East West launches exploration program
An exploration program has started on the Ennadai gold project of East West Resource Corp. in northeastern Saskatchewan, the company says. It says the program will include additional geophysical and g…
News
Teck prepares to select site for decline collar on Estrades
Site investigation work, designed to help engineers choose an appropriate site for either a decline or a shaft has begun on the Estrades gold-zinc-copper-silver property in the Casa Berardi area of Qu…
Northgate back in red
A public offering of 4.6 million shares in the United States is expected to add some cash to a Northgate Exploration balance sheet recently ravaged by a strike at the company’s Chibougamau operations….
METALS MARKETS Base-metals outlook much improved Dickenson strike
While base metals have made significant gains from their year- end levels, the individual metals have responded to specific factors rather than being part of a bull rally across all base metals, Shear…
Metal Prices PRODUCER PRICES (August 17, 1987)
ALUMINUM: MW U.S. Market 80.00 cents -81.00 cents per lb. (Aug 6, 1987). ANTIMONY: New York dealer $1.06-$1.14 per lb. (Aug 6, 1987). BISMUTH: New York dealer $3.60-$3.70 per lb. (Aug 6, 1987). CADMIU…
Metal Prices FUTURES PRICES (August 17, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug. — — 79.60 + 0.55 Sept. 79.45 78.60 79.40 + 1.05 D…
The Editorial Page South African strike
Now slipping dangerously onto centre stage in an increasingly troubled world are the striking black South African gold miners. It’s an explosive situation in that already politically torn and divide…
News in Brief (August 17, 1987)
Glory Explorations has changed its name to National Fuelcorp (NLF:VSE) on a basis of one new share for 3 1/2 old shares.
Brunswick Mining has second quarter earnings rebound
In comparison with the same period last year, Brunswick Mining and Smelting Corp. has reported a dramatic turnaround in its earnings position for the six months ended June 30. The company recently rep…
Cogema Canada acquires interest in Amok Ltd.
A 75% interest in Saskatoon- based Amok Ltd. has been acquired by Cogema Canada, a wholly-owned subsidiary of Cogema of Paris, France. Amok was 38% owned by the French Cogema parent and 37% by a Gogem…
Overwhelming approval of Placer-Dome merger
Placer Dome Inc, is a now a reality, and becomes North America’s biggest gold producer. Shareholders at Aug 12 meetings in Toronto and Vancouver gave overwhelming assent to the merger of Placer Develo…
Terra and White Lightning exploring in Kootenays
Terra Mines has reported a net loss of $79,000 for the 1987 second quarter compared with a loss of $109,000 during the same period last year. The company also reported a net loss of $120,000 on revenu…