In your article “Kidd Creek back to running order after Jan. 3 fire” (T.N.M., Jan. 22/90), you state that Kidd Creek is owned by Noranda. I noted that in a recent letter to the editor a reader caught …
Although a recent drop in the market price of nickel on the London Metal Exchange has prompted cost-cutting action by two of Canada’s nickel producers (T.N.M., Jan. 29/90) big capital expenditure prog…
This is the first of a regular monthly column from the Prospectors and Developers Association of Canada. The role of keeping industry informed of emerging legislation and key political developments ha…
Copperquest, the first junior mining company to complete a financing in 1990, is now trading in the 23-25 cents range. The financing, done at 21 cents , involved about 1.5 million shares of Copperque…
A porphyry copper-gold prospect held by a unit of BP Canada (TSE) and Digger Resources (VSE) north of Fort St. James, B.C., has attracted the attention of Rio Algom (TSE). Rio Algom signed a letter of…
Citing low silver prices, decreasing grades and high costs, Abcourt Mines (ME) says it will close its Abcourt-Barvue silver mine in Quebec at the end of March. A major operating cost was incurred from…
Charges against Belmoral Mines (TSE) related to a mining accident 10 years ago at Val d’Or, Que., will not be pursued by the Province of Quebec, the company reports. The May, 1980, cave-in killed eigh…
Trader Resources (TSE) has decided not to exercise its option to purchase 1.6 million shares of Ronnoco Gold Mines (COATS) at $1.25 per share. According to the vendors of the shares, Cabre Exploration…
Plant shutdowns in China and the cutback on shipments by that country have helped push the price of arsenic metal skyward to US$4.50 per lb. The price of arsenic metal was 60 cents in late December, …
On Jan. 26, a fat lady with horns and blonde braids (really a board marker dressed up like Brunhilde) sang a final aria on the floor of the Vancouver Stock Exchange to show “it’s really over.” The eve…
Options Open SeriesVolumeLastInterest Feb. 410 C * 85513.001,743 Feb. 420 C * 966 6.603,015 Feb. 430 C .1,294 4.003,322 Feb. 450 C * 729 2.001,201 May 420 C * 63020.001,501 May 430 C * 55014.001,…
The Crown Jewel deposit, formerly known as the Buckhorn Mountain property, is proving to be a jewel for owner Crown Resources (NASDAQ). Following a detailed study of all drilling results to date, inde…
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