Lead-zinc conference
A lead-zinc conference set for March 14-15, 1988 at Toronto is being organized by Metals Week. Topics to be discussed will include rationalizations; the effect of uncertain financial times on lead and…
News
Novamin’s fiscal year-end to correspond to Breakwater
Following the recent takeover of Novamin Inc. by Vancouver-based Breakwater Resources, the former company has set a new date to end its taxation year. Before the takeover, Novamin’s fiscal year-end wa…
Declining platinum prices have little immediate effect at
** Madeleine sites ** Massive dumping of platinum contributed to the recent decline in spot prices for the precious metal, analysts say, following the collapse of world stock markets in mid-October…
Western Goldfields has good profit
Western Goldfields Inc has realized net income of 50 cents per share during its first nine months of operations. For the period, the Nevada gold producer earned $3.4 million. Operations at the Hog Ran…
EDITORIAL Curragh’s zinc mine a triumph for the North
The success of Curragh Resources’ rejuvenated zinc-lead mine is a triumph of many dimensions. It testifies to Clifford Frame’s tenacious ambition, it bolsters Canada’s position as a mineral producing …
Acadia options Mooseland to major U.S. mining company
A decision on whether or not to go ahead with mine planning and mining feasibility studies on the Mooseland gold property 45 miles northeast of Halifax, N.S., will be made no later than Jan 10, The No…
Metal Prices PRODUCER PRICES (November 23, 1987)
ALUMINUM: MW U.S. Market 79.50 cents – 82.00 cents per lb. (Nov 12, 1987). ANTIMONY: New York dealer $1.08-$1.12 per lb. (Nov 12, 1987). BISMUTH: New York dealer $4.75-$4.85 per lb. (Nov 12, 1987). C…
Magnacon yields strong results
The combination of a high percentage of visible gold and good continuity over drifted sections is yielding some pleasant surprises at the Magnacon project 50 miles west of here. Located north of Mishi…
Huntington pulls good drill hole David D.
Another good hole has been reported from Huntington Resources’ Brett claims, 15 miles west of Vernon, B.C. Hole No 87- 42 returned 9 ft of 0.99 oz gold including 4.75 ft of 1.8 oz. The gold is associa…
Inco regains lead in world nickel market
The fruits of seven hard years of downsizing, restructuring and rationalization are finally being enjoyed by Inco Ltd. One of the most tangible benefits of the rationalization program has not only bee…
Coniagas to earn its way on northeast Ontario project
The latest round of drill results at Garrison Creek Consolidated’s 40%-owned Michaud property near Matheson in northeastern Ont., were released recently. As part of a plan to “earn its way into” a pro…
Montreal Exchange MSV among movers
Gains early in the week gave way to negative values on the Montreal Exchange, where light trading volumes continue to be the order of the day. The mining and minerals index managed to close ahead on t…