Montreal Exchange Seniors in favor
A period of volatile trading has overtaken the stock market, moving investors to side with the cautious crowd. That the top trading stocks this past week were mainly “seniors” bears out this observati…
News
Midrim drilling Montana property
Three drill holes have been completed on the Ringing Rocks property, 18 miles east of Butte, Mont., by joint venture partners Midrim Mining (COATS), and Vital Pacific Resources (VSE). Midrim reports t…
Metal Prices FUTURES PRICES (October 23, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Oct129.50 129.10 129.30 — 1.85 Nov– — 128.80 — 1.00 Dec129.80 127.10 128.30 + 0…
Correction (October 23, 1989)
Contrary to information printed in a story in The Northern Miner last week, Dumont Nickel (ME) has not entered into a share exchange transaction with Sabina Resources (VSE) and Redaurum Red Lake Mines…
News in Brief (October 23, 1989)
Ontario Geological Survey, regional geological staff, Ontario geoscience research grant recipients and guest speakers will give presentations at the Ontario mines and minerals symposium Dec 11-13 at t…
Toronto Stock Exchange Indices (October 23, 1989)
1989 Oct 17Oct 16Oct 13Oct 12Oct 11HIGH LOW Composite “300” 3904.153927.293870.744012.434008.484037.833353.13 Metals & Minerals 3527.103601.703465.753652.943662.153919.203207.50 Integrated mines 3685….
Mazarin funding
Two government grants totalling $500,000 have been received by Societe d’Exploration Miniere Mazarin (ME), which is developing a graphite property near Fermont, Que., near the Labrador border. The Que…
Obituary – Viateur Audet
Viateur Audet, a well-known prospector from Val d’Or, Que., died Oct 2. He was 54. Born in St. Mathieu, Que., on Jan 9, 1935, Audet was a prospector for 40 years. He worked all across Canada but most …
Tentative pact at Highland Valley
A tentative settlement has been reached in the 3-month strike at the Highland Valley copper mine near Kamloops, B.C. The mine, which produces about 2.5% of the non-Communist world’s copper output, has…
Letters to the Editor New York researcher seeks information
I am writing to ask your assistance in contacting any miners, mining engineers or other similar persons who may have an interest in New York State mining. I am currently gathering information on the s…
Free Seminar
Geostat Systems International offers a free seminar on “Microcomputer Orebody modelling” to be held in Toronto at the Royal Hotel Nov 23. For registration, contact Geostat Systems International, Claud…
Addwest option
An option to acquire Addwest Gold has been assigned by Magma Copper (Amex) to Canyon Resources (NASDAQ). The option involves a purchase price of $33 million(US) plus certain contingent payments. Addwe…