A better year is forecast by Shearson Lehman Brothers for lead than for zinc. In its Annual Review of the World Lead & Zinc Industries 1987, Shearson says the zinc market is fundamentally oversupplied…
Joint-venture partners Aunore Resources and Nova Beaucage Mines say they plan to start mining in April a bulk sample from the Elder gold property near Rouyn-Noranda, Que., and hopefully will be in pro…
W. R. O. Aitken, executive vice- president of Inco Ltd., will be the guest speaker at the annual Students Night meeting of the Toronto Branch cim to be held at the Royal York Hotel Jan 21. Topic will …
ALUMINUM: MW U.S. Market 89.00 cents -91.00 cents per lb. (Jan 7, 1988). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Dec 10, 1987). BISMUTH: New York dealer $4.70-$4.80 per lb. (Nov 19, 1987). CADM…
Good drill results from a neighboring claim has moved Ark La Tex to take another look at its Sunset Lake prospect, located 70 miles east- northeast of Yellowknife. Ark La Tex has an option to earn 60%…
Terramar Resource Corp. has agreed to purchase Mount Gaines Resources, a California company whose principal asset is the old Mount Gains gold mine in California. Between 1853 and 1949, the mine produc…
High demand and low inventories have sent copper prices flying and it isn’t just the big producers who are benefiting. The ripples are spreading and one busy trader of late, United Gunn Resources, exp…
Recently listed for trading on the Toronto Stock Exchange (symbol mgd), Murgold Resources reports it has completed an offering yielding the company $690,000. Murgold, which also trades on the Vancouve…
Trading activity has improved on coats following the dismal performance recorded in November, 1987. During that month, the average daily value of shares traded fell to a record low of $1 million. Tota…
The threat of heavy penalty duties being imposed by the United States on Canadian potash in yet another trade dispute between the two countries has been averted. Under a new agreement negotiated betwe…
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…
Diamond drilling is expected to get under way this month on the recently acquired gold property of Frankfield Explorations in the Pickle Lake area of northwestern Ontario, President O. F. Carter tells…
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