They’ve never had it so good
A recent article about gold producers hedging their bets by selling their output forward (N.M., Oct 3/88) helped to bring home the point of how much better off mining companies seem to be today compar…
News
Coxheath Gold bulk testing underway
Coxheath Gold Holdings Ltd (TSE) says that a bulk testing program presently under way on its Tangier property is expected to be complete by November 1988. At the completion of the bulk testing program…
Letters to the Editor The Mineral Industry Assistance Program
The Sept 26th edition of The Northern Miner carried a letter from the President of the Prospectors and Developers Association of Canada, John Larche, commending our government on the recently announce…
Lac appeal heard in Ottawa; motion for new trial refused
The same day Lac Minerals (TSE) began its final appeal before the Supreme Court of Canada in the ownership dispute over the Page-Williams mine, a Supreme Court of Ontario judge in Toronto ruled agains…
Metals Page: Platinum demand to outstrip supply to ’93
Looking into the future, Johnson Matthey, the large refiner and supplier of platinum group metals, says demand for platinum will continue to put pressure on the supply of newly-mined metal during the …
Metal Prices (October 17, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 11 Oct 10 Oct 7 Oct 6 Oct 5 Copper N/A …
Mine production satisfies 66% of world gold demand
While gold production from mines in the non-Communist world will total 53.5 million oz by 1991, there won’t be enough of the metal to satisfy demand. In fact, the Gold Institute of Washington, D.C., r…
Queries Black Bay Uranium is now Atco Ltd.
I wish to have information on a company called Black Bay Uranium. I hold a total of 13,000 shares in this company. I also own 800 shares of another company called Allied Pitch- Ore Mines Ltd. Can you …
Metal Prices FUTURES PRICES (October 17, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Oct 129.50 129.50 129. 50 + 11.25 Dec 120.30 117.10 120.10 + 10.15 Jan 116.00 116.00 116.3…
Letters to the Editor CB Perception causes rise and fall of stock
As a layman I would like to express my opinions on the price of stocks. Stock prices may rise or fall depending on the public’s perception alone. The profit or loss of the individual company does not …
Mining Reserve Calculations Begin For Sulphurets Project
Reserve calculations to be used in generating mining reserve figures for the advanced Sulphurets project in northwestern British Columbia are now in progress. The property is owned 60% by operator New…
Northgate, Westfield pool mining assets
Northgate Exploration (TSE) and affiliate Westfield Minerals (TSE) have agreed to pool several assets into a holding company. Known as Norwest Holdings, the company will own an 18% interest in Whim Cr…