Scrap steel study updated
Tendencies outlined five years ago in a study on scrap and the steel industry have materialized at a faster rate than expected, says the International Iron and Steel Institute. The institute recently …
News
Aber, Hemisphere have 2 drills on Sunrise property
Drilling results 70 km northeast of Yellowknife, N.W.T., have been encouraging enough for Aber Resources and Hemisphere Development Corp. to change the name of their jointly owned property from Sunset…
Northair pulls 91-ft hole of 0.34 oz gold at Willa
Underground diamond drilling by Northair Mines at its Willa property in southeastern British Columbia is continuing to obtain good gold values, President Donald A. McLeod reports. Hole 87-312 was dril…
Investment Comment Prudential-Bache clarifies values for Lac,
A complicated legal dispute over the ownership of a valuable gold mine can make valuation judgments on the companies concerned a difficult business. But when the legal battle is inadvertantly combined…
Vancouver Stock Exchange Metal stocks in the limelight
There are some positive signs that 1988 could be a good year for metals stocks. Indeed, the stronger Canadian dollar is probably reflecting higher commodity prices, especially copper and nickel. The i…
Fresh from outstanding year, Yukon looks forward to 1988
With a production value totalling $400 million from placer and hardrock operations, 1987 can only be described as an outstanding year for the Yukon Territories. Riding on a wave of flow-through share …
Mount Wright seeks royalty payment from Exminesa
Legal proceedings by a company controlled by Lac Minerals of Toronto will soon be under way in Spain to collect a royalty owed to it by the mining firm Exploracion Minera Internacional Espana S.A. (Ex…
New Arseno refractory process of interest to gold miners
When City Resources starts processing ore at its Cinola gold mine late in 1989, it will be using a new refractory treatment process, one that has not previously been used commercially. The Arseno proc…
Controlling the price of a metal
The dream of great wealth to be obtained from control of the international price of a metal or other commodity has ensnared many an adventurer. It is heady wine and is often carried with an obsession …
Why a free tradee agreement is good for Quebec’s mining industry
For Quebec’s mining industry, the free trade agreement with the United States is a way to deflect rising U.S. protectionism. Indeed, free trade already exists in the mining industry: tariffs are low o…
Ojibway drilling on 3 properties
Drilling rigs are currently in operation on three properties (Desboues, Soissons and Rochebeaucourt), with the budget for the 1987 exploration program more than one-third committed, Ojibway Resources …
Minefinders financing
Minefinders Corp. has completed an $800,000 financing which will fund exploration on three properties near Val d’Or, Que. Of the amount raised, $440,000 was on a flow-through basis.