News



Camindex prepares debenture issue

A private placement of $13,609,000 of 3% convertible debentures has been arranged by Camindex Mines. Of that total, the company reports, $6.1 million represents a rollover of existing debt and $7.5 mi…


Vancouver Stock Exchange Market turns more positive

The Vancouver market has turned a bit more positive. Although gold hasn’t performed too well lately it’s still at a very respectable level. Indeed, the price is well above the cost of production for m…


Cornucopia to drill Arizona gold bet

A production decision is expected by the end of this year on a gold property it holds northwest of Phoenix, Ariz., according to Cornucopia Gold Mines. A reverse circulation drill program to expand res…


Editorial B.C.’s economic well-being at stake

The degree of polarization in British Columbia politics has generally exceeded that of other provinces. So the present dispute between organized labor and Premier William Vander Zalm over his controve…


Golden Pacific takes on B.C. bets

Golden Pacific Resources says it has an agreement in principle with a B.C. company to acquire a 51% interest in a 50-claim block in the Caribou mining division of B.C. It adds it has also purchased th…


Saxton announces changes in board

The board of directors of Saxton Industries has announced a number of appointments and resignations. Austin P. Page, formerly vice- president and chief financial officer of Saxton Industries and Saxto…


Golden Shield buys Kerr Addison mine

Golden Shield Resources has successfully completed the purchase of the old Kerr Addison mine and mill complex at Virginiatown, Ont., for approximately $38 million. The deal also gives Golden Shield a …


Metal Prices PRODUCER PRICES (July 13, 1987)

ALUMINUM: MW U.S. Market 73.00 cents -74.00 cents per lb. (June 25, 1987). ANTIMONY: New York dealer $1.15-$1.20 per lb. (June 25, 1987). BISMUTH: New York dealer $3.25-$3.40 per lb. (June 25, 1987). …


FUTURES PRICES (July 13, 1987)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) July 76.20 73.70 76.15 + 3.80 Sept. 75.25 72.70 75.15 + 3.70 …


Equity Silver on profit path

Probably more so in mining than any other industry timing is everything. Even the best-conceived production plans are subject to unpredictable changes in metal markets — something that Equity Silver …


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close