Spot prices at a glance (October 02, 1989)
Week’s Price (US) Change Gold* $369.30 +$ 8.55 Silver* $ 5.29 +$ 0.22 Platinum* $490.40 +$16.75 Nickel** $ 4.99 –$ 0.18 Lead** $ 0.34 +$ 0.00…
News
Metal snips (October 02, 1989)
A gold and silver refinery was officially opened recently near Sydney, Australia, by Pacific Precious Metals Ltd., a company in which Noranda Minerals has a 40% interest. The other two partners in the…
ON-SITE AT WILLIAMS
The Williams mine (formerly the Page-Williams), in Ontario’s Hemlo country, burst on to the scene as a gold producer in a flurry of public attention in late 1985. With the spotlight on the ensuing own…
Alberta Stock Exchange Sept 27 Markets column Must go Golden
Issues which have peaked investor interest during the past couple of trading sessions, continued to make progress this week. Golden Crescent Resources, for example, gained 26 cents on large volumes b…
Carolin active
The class A shares of Carolin Mines were active this week gaining 2 cents on a volume of 134,000 shares. The company owns the old Landner Creek gold mine near Hope, B.C. and another gold property curr…
Juniors face GST financing costs
The federal government has proposed a broadly based consumption tax that will apply at the rate of 9% to the Canadian consumption of most goods and services commencing Jan 1, 1991. This Goods and Serv…
Onitap Sept 21
Onitap Resources (TSE) is seeking funding for a 25,000-ft drill program designed to test the company’s copper-zinc property in Tonnancourt Twp., Que. Hosting drill- indicated reserves of 60,000 tons g…
Computers AUTOMATED DRAFTING
Canadian mines are lagging behind their Australian counterparts in the application of software for personal computer-based surveying, geological mapping and mine-planning. But mine operators in this c…
Indium Plant Receives Go-ahead
Metallurgists at the Kidd Creek Mmine in Timmins, Ont., have been watching the automotive industry in Japan very closely. Not because they buy a n ew car every year, but because that particular Japane…
Westminer committed to N.A. despite problems at mines
When he was plucked last year from his job as manager of mineral exploration for Western Mining and sent to Toronto to run the Australian company’s new North American mining wing, Jim Laylor’s mandate…
50 Years Ago FINNISH NICKEL TO REACH GERMANY?
The possibility that the Russians may try to seize the big metal mine and plants in northern Finland, which International Nickel has been developing, has cropped up again. The Petsamo nickel mine, con…
50 Years Ago SCHREIBER, ONTARIO AREA REVIEWED
The southwestern and northeastern parts of the Schreiber areas, northern Ontario, are reviewed in great detail in reports just published by the Ontario Department of Mines.