Bull market for copper, no sign of slowing
The bull market in copper doesn’t seem to want to go away. The base metal, which was selling above $1.40(US) per lb at the end of 1987 and has been selling in the $1 range for a good part of this year…
News
Updated Reserve Report In Progress for Ketza River
A detailed reserve report update is being compiled by consultants Derry, Michener, Booth & Wahl for the Ketza River gold project in the Yukon Territory. Project operator Canamax Resources (TSE) expect…
Pamorex earnings
Pamorex Minerals (TSE) realized a profit for the second quarter ended Sept 30, of $731,000 or 5 per share. This compares with a loss of $294,000 or 1 per share in the same period last year. The profi…
Bull market for copper shows no sign of slowing
The bull market in copper doesn’t seem to want to go away. The base metal, which was selling above $1.40(US) per lb at the end of 1987 and has been selling in the $1 range for a good part of this year…
Letters to the Editor CANMET, NSERC studies at UBC
We would like to express our thanks for the timely article under “Environmental Politics” on the editorial page of the Sept 12 issue, referring to CANMET’s activities in this important area. Although …
Nuinsco, Echo Bay say Cameron Lake won’t go
After nine years of exploration, the Cameron Lake gold deposit owned by Nuinsco Resources (TSE) has been deemed uneconomic. The conclusion is part of a feasibility study completed by Wright Engineers,…
Minorco drops takeover bid for Cons Gold Fields
A $6.1 billion hostile bid for Consolidated Gold Fields PLC has been dropped by Minorco SA following the British government’s decision to investigate the deal’s effect on the strategic metals markets….
An American role model
New Democratic Party leader Edward Broadbent’s barely disguised glee at the Liberal Party’s woes leading up to this general election are understandable. But when he solemnly declares that Canada might…
Soocana completes exploration at Wawa
A follow-up exploration program is being planned by Soocana Explorations (COATS) for the company’s Blacksmith and Murray Algoma gold properties located 11 miles northeast of Wawa, Ont. The work return…
Research network proposed for exploration community
The exploration research community has submitted a proposal to the federal government to assist financially in establishing a national network that would carry out fundamental targeted research on new…
Kerr Addison quarter results
Kerr Addison Mines (TSE) had net income of $7.1 million or 41 per share for the nine month period ended Sept 30. During the same period in 1987, earnings per share totalled $1.03. The profits were gen…
Letters to the Editor land claims not dividing Yukon mining
Your issue of Oct 3, carried an article by Nancy Campbell describing some of the land claim concerns in the Yukon Territory (Land claims settlement divides Yukon mining industry.) While much of the ar…