Inco has large jump in profit
Booming nickel and copper prices are finally being reflected in the bottom line at Inco Ltd. — the world’s largest producer of nickel. For the fourth quarter ended Dec 31, 1987, the nickel giant earn…
Articles by Northern Miner Staff
Alberta Stock Exchange Accord issue moves up
It may have been a cut in the U.S. prime lending rate. Or perhaps it was a decrease in the price of gold from $455(US) to around $445 which contributed to a lacklustre trading session. But Alberta inv…
Australian corporate battle spills over to Pamour board
Shareholders of Toronto-based Pamour Inc. recently elected two new members to the board of directors, but not without opposition from the two men losing their seats on the board. At a special sharehol…
Falconbridge profit, but cloud hovers
While something of a Caribbean cloud now sits over the company, Falconbridge Ltd. last year achieved a major upturn in its fortunes, recording a profit before extraordinary items of $29.7 million, or …
19 fatalities in 1987 prompt committee probe
After one of the worst years for mining fatalities in recent memory, a committee of mining, government and union representatives is looking at ways to make the industry more safety conscious. The Cana…
Letters to the Editor Negative column?
Enclosed are copies of a couple of mvp Capital Corp.’s weekly market bulletins by Ian McAvity. Their tables reflect significant market facts for gold investors. These I never would have suspected had …
Montreal Exchange: Prices in decline (February 08, 1988)
A falling gold price meant nothing but bad news for resource companies this week, with the mining and minerals index experiencing four consecutive days of decline, including an almost 46-pt drop one d…
Kam-Kotia selling Davis-Keays shares
Control of a company with an undeveloped copper property in northern British Columbia is being sold by Kam-Kotia Mines of Toronto to a numbered company in Vancouver. President of the numbered company …
COATS Trading Features (February 08, 1988)
A takeover offer for all the shares of Newfield Mines has been made by Toronto-listed Jonpol Explorations. Jonpol is offering one common share for each Newfield share. Jonpol ended the day at $1.90 wh…
Placer Dome continues working Talisman bet
Placer Dome, which has acquired a large property in the Swayze area of northeastern Ontario previously held by Algoma-Talisman Minerals, plans to complete 9,200 ft of drilling this year in 19 holes. D…
Metal Prices PRODUCER PRICES (February 08, 1988)
ALUMINUM: MW U.S. Market 90.50 cents -92.00 cents per lb. (Jan 21, 1988). ANTIMONY: New York dealer $1.14-$1.18 per lb. (Jan 14, 1988). BISMUTH: New York dealer $4.75-$4.85 per lb. (Jan 14, 1988). CAD…
Placer pursues Laonil Lake property
Having completed a $1-million exploration program to earn 60% of Currie Rose Resources’ Laonil Lake gold property in northern Saskatchewan, Placer Dome is planning another sizeable drill program start…