Placer Dome: North American favorite
What North American gold stock do institutional investors favor? Placer Dome Inc. (TSE). According to analysts Rick Cohen, Brian Flower and Elaine Howell of James Capel & Co., shares of Placer Dome re…
News
Ronrico busy at Louvicourt mine
A production decision could come in the new year for the Simkar gold project near Val d’Or, Que., Ronrico Explorations’ (VSE) President Donald Kemp told shareholders at the company’s annual meeting in…
Canamax increases Mt Hundere’s reserve
Geological reserves have been increased by Canamax Resources (TSE) on the company’s Mt. Hundere zinc-lead property near Watson Lake, Y.T. Drilling has outlined reserves of 5.2 million tonnes grading 1…
Metal Prices (December 12, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 6 Dec 5 Dec 2 Dec 1 Nov 30 Copper 191…
Hall of Fame banquet
In an event being billed as one of historic importance to the mining industry, 12 of its most distinguished discoverers and mine- makers (10 posthumously) are to be inducted into the recently formed C…
Editorial Mining a poor cousin in New Brunwick
More investment dollars continue to be spent on precious metals exploration in Canada than on base metals. This despite base metals reserves dwindling and base metals prices booming. The reason, perha…
Inco wins award for efficiency
Inco Limited (TSE) in Thompson, Man., has won the provincial award for efficient electrical energy use in industry, it was announced recently by the Canadian Electrical Association and Manitoba Hydro….
Metal Prices PRODUCER PRICES (December 12, 1988)
ALUMINUM: MW U.S. Market $1.06-$1.08 per lb. (Nov 22, 1988). ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988). BISMUTH: New York dealer $6-$6.15 per lb. (Nov 22, 1988). CADMIUM: New York deal…
Minnova examining Chu Chua for possible copper production
The Chu Chua massive sulphide deposit near Kamloops, B.C., is being evaluated by Minnova Inc. (TSE) for potential open pittable, high grade copper ore that might supply additional feed to the Samatosu…
Chesbar, Murgold set sights on mid-1989 gold production
The Chester Twp. gold project in northern Ontario being developed by Chesbar Resources (TSE) and Murgold Resources (TSE) could be operational by early summer, 1989. Chesbar President J. T. Flanagan sa…
Convention reflects industry strength
There was a surprising unanimity of opinion on the future of the United States precious metals industry by key executives at the Northwest Mining Association convention held here recently. A special f…
Vancouver Stock Exchange Pezim companies dominate trading
Heavy exploration activity in Northwestern British Columbia for both gold and copper and the promotional abilities of Murray Pezim, can be collectively credited with generating the lion’s share of rec…