News

Higher Profits and Capital Investment for B.C. Mining

After five consecutive years of losses, British Columbia’s mining industry in aggregate reported positive earnings in 1987. According to a survey conducted for the Mining Association of B.C., this dra…


News in Brief (September 15, 1988)

BGR Precious Metals Inc. has declared a regular quarterly dividend of 25 cents per common and class A share, payable Oct 28 to shareholders of record Oct 21.


A Market for Chromite

Platinum group metal (PGM) explorers can look forward to some potentially good news which should be forthcoming soon. Charles River Associates of Boston, Mass. is doing a market survey for a consortiu…



Metals Prices PRODUCER PRICES

ALUMINUM: MW U.S. Market $1.17-$1.20 per lb. (Sept 8, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.25 per lb. (Sept 8, 1988). CADMIUM: N…


Nerco Minerals sticking with precious metals

Speculation that Nerco Minerals wants to get out of the precious metals business has been denied flatly by the company. A few weeks ago Nerco said it was considering the sale of interests in certain p…


Program begins at Eagle Nest Project

A $300,000 exploration program operated by Corona Corp. (TSE) is now under way on the Eagle Nest property located one mile northwest of the producing Nickel Plate gold mine near Hedley, B.C. According…




Golden Rose not so golden, Noramco stops production

One question on everybody’s mind at the Noramco Mining (TSE) annual meeting was why the company shut down the Golden Rose mine near Thunder Bay, Ont. The property was explored and developed by Emerald…


Kabenung project

Gold values have been assayed by Tundra Gold Mines (VSE) from the company’s Kabenung project in the Mishibishu area. Located west of Wawa, Ont., the property is north of the Magnacon mine being built …


Placer Dome Buys Stake In Alban Explorations

A Vancouver junior appears to have caught the eye of Placer Dome Inc. (TSE). The large gold producer recently purchased 150,000 shares of Alban Explorations Ltd. (VSE) at $1.00 per share, which Alban …


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