Obituary J.S. Thomson
J. S. (Jim) Thomson, a mining engineer who was active in British Columbia’s Bralorne gold camp as well as in Newfoundland, the Yukon Territory and the Hemlo, Ont., gold camp, died recently at Tsawwass…
News
Massive seeking major financing
This could be a pivotal year for Vancouver-listed Massive Resources. The company plans to file for a listing on the tse this month and financing, totalling $8.4 million, for the balance of the year sh…
Belmoral workers return to job
Workers at the Belmoral Mines mill and mine at Val d’Or, Que., have agreed to a new two-year monetary package after shutting down operations for a couple of days with a work stoppage. The 265 workers,…
Better to explore Fording holdings
An agreement has been reached between Better Resources and Fording Coal which will allow the former to explore Fording’s uncommitted base metal mineral holdings in the Mt. Washington area on Vancouver…
Mark converts preferred shares
Toronto-listed Mark Resources says its 303,263 series A preferred shares have been converted into common shares on the basis of two- thirds of one common share for each Series A preferred share. No fr…
Metal Prices PRODUCER PRICES (May 18, 1987)
ALUMINUM: MW U.S. Market 66.50 cents -69.00 cents per lb. (May 7, 1987). ANTIMONY: New York dealer $1.17-$1.22 per lb. (May 7, 1987). BISMUTH: New York dealer $2.90-$3.00 per lb. (Apr 30, 1987). CADMI…
Canadian Gold raises $1 million for programs
Canadian Gold Resources reports it has raised $1 million for exploration programs on several Ontario properties. According to President Gordon Leliever, $500,000 secured from Colray Resources will be …
Research grants
Some 89 studies in geology and geophysics will be supported under research grants totalling $1.39 million in 1987-1988, from the federal Department of Energy Mines and Resources. The department’s rese…
Inco Sudbury mine technological triumph
Inco Ltd. has shipped the first train load of nickel-copper ore from its newly-reopened Crean Hill mine at Sudbury, Ont. The reactivated mine is being made all-electric and will be one of the most tec…
News in Brief (May 18, 1987)
For the three months ended March 31, SherrGold Inc. posted a net loss of $2.9 million or 28 cents per share, up from a net loss of $440,000 or 4 cents per share posted in the first quarter of 1986.
Significant widths on Nova Scotia bet
Shallow drilling from surface, financed by Alberta-listed Greenstrike Gold Corp. has intersected significant widths of ore grade gold mineralization on a property in Halifax Cty., N.S. Preliminary dri…
COMMODITY FUTURES PRICES N.Y. Commodity Exchange
Week’s High Low Close Change COPPER (in US cents per lb.) May 68.60 67.65 68.00 + 3.10 July 67.65 66.60 66.95 + 2.75 Sept. 66.85 66….