The herd mentality took the market over the precipice Oct 19, Black Monday, and it very well could move it right back up again in the next few months. During our review week, signs that investors are…
ALUMINUM: MW U.S. Market 80.00 cents -82.00 cents per lb. (Dec 3, 1987). ANTIMONY: New York dealer $1.10-$1.14 per lb. (Nov 19, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CAD…
Consolidated TVX Mining has reported its first quarterly profit, the Toronto-based company said recently. During the three months ended Sept 30, Brazil’s second largest gold producer reported net earn…
The vice-president marketing and sales for Falconbridge Ltd. has taken issue with nickel pricing as it applies to the London Metal Exchange (lme). “To say the least, Falconbridge is less than enamored…
After conducting a 5,000-ton bulk sample test on Northumberland Mines’ Cochrane Hill, N.S., gold prospect, Inco Gold has decided to relinquish its option on the property. Inco was earning a 60% intere…
When it comes to making suggestions, readers of The Northern Miner don’t pull any punches. Many respondents offered good sound advice but, while we received many comments on a job well done, there was…
The leach and gold scavenger plants no longer used at Equity Silver Mines’ mill near Houston, B.C., will be reported as a writeoff in the fourth quarter. The $33.6-million writeoff will be reported as…
Shareholders of Nova-Cogesco Resources of Montreal have rejected a private placement of 700,000 shares to MSV Resources, Nova- Cogesco reports. Proposed price of each share was $2.75. MSV currently ha…
Describing the calculation as “fairly conservative,” Cominco Ltd. President Robert Hallbauer says he is “pretty enthusiastic” about the reserve inventory established for the company’s snip property in…
There is going to be about $900 million in flow-through money raised this year by cmp, nim and First Exploration, the three largest national exploration fund managers in Canada. Add to that another $1…
Shareholders of Toronto-based Campbell Resources and Montreal- based Meston Lake Resources have voted in favor of amalgamating Meston with a wholly-owned subsidiary of Campbell, Camsub Holdings. Mesto…
Backed by a new silver discovery near Cobalt Ont., an expected end to dilution problems at its Telbel gold mine and significantly higher earnings, the executives at Agnico- Eagle Mines are in a bullis…
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