Valentine in Arizona
Valentine Gold Corp. has acquired a gold prospect in Gila Cty., Ariz. The terms of the acquisition include a payment of $20,000 and explora tion expenditures of $125,000 over an 18-month period. Gold …
Articles by Northern Miner Staff
Metal Prices FUTURES PRICES (February 15, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb 102.00 99.50 102.00 + 3.50 Mar 98.40 95…
Camreco attempts to expand Goldlund bet gold reserves
Toronto-based Camreco Inc. finds itself in an enviable position at its northwestern Ontario gold claims located between Dryden and Sioux Lookout. With a brand new 400-ton-per- day mill and a 3-compart…
Canhorn sells Citadel
The sale of 1.6 million common shares of Citadel Gold Mines has been completed by Canhorn Mining Corp. The shares were sold for $2.8 million cash and a 1-year note for $1.18 million to a group of priv…
Metal Prices FREE MARKET (February 15, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Feb. 9 Feb. 8 Feb. 5 Feb. 4 Feb. 3 Copper 1319-1320 1299-1302 1360-1365 1322 -1325 1257-1258 Lead …
Alberta Stock Exchange Pelham is higher
A planned resumption of gold production at the Louanna mine near Nakina Ont, made Pelham Gold a popular issue in an otherwise low key trading session. In a joint venture with Vancouver- based Cumo Res…
COATS Trading Features (February 15, 1988)
Findore Minerals has optioned several well-located claims in Garrison Twp., Ont., to Vancouver-listed Morgain Minerals and Orcana Resources. Findore traded at 35 cents . The Findore ground covers the …
Teck earnings up from last quarter
Teck Corp. has net earnings for the quarter ended Dec 31, of $17.2 million compared to $6.5 million a year earlier. After deducting preferred share dividends, net earnings were 42 cents per share, up…
Obituary Arvid Thunaes
A Norwegian immigrant, who played a major role in uranium research and development in Canada, died recently at age 86. Arvid Thunaes, a metallurgical engineering graduate of the Norwegian Institute of…
Golden Range encouraged at Hudvam
Toronto-based Golden Range Resources has reported a significant drill intersection from the Hudvam polymetallic property which it acquired recently as part of a backdoor agreement with Mingold Resourc…
Drills start near Golden Patricia
Three John Sadowski companies, Michele Gold Mines, Master Resources & Development, and Massive Resources, all of Toronto, plan to start drilling on ground five km southeast of the Golden Patricia mine…
Editorial Dominican Republic is being rapaciopus
The Dominican Republic could be shooting itself in the foot, if it continues to try getting tough with Dominican-based Falconbridge Dominicana, C. por A., the ferronickel-producing subsidiary of Falco…