Noranda to buy Norcen shares
Noranda Inc. (TSE) said it has filed with the Toronto Stock Exchange and the Montreal Exchange a notice of intention to make normal course purchases of up to 3,122,490 subordinate voting shares (10%) …
News
Metal Prices FREE MARKET (January 02, 1989)
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Dec 27 Dec 26 Dec 23 Dec 22 Dec 21 Copper N/A N/A 1…
Octan completes Terra mine deal (January 02, 1989)
Calgary-based Octan Resources (ASE) has completed the acquisition of Terra Mines’ (TSE) Camsell River assets in the Northwest Territories which were shut down due to low silver prices in 1985. They in…
BREAKING NEW GROUND
Mining came into the 1980s fat with debt. Now, according to all indications, the industry is closing out the decade lean (in terms of debt-to-equity ratios) and tough (ready to take on the competition…
Maintenance REINVENTING THE WHEEL
The life of off-highway tires has Tquadrupled in the space of a few Tdecades. Science and technology involving chemistry, mathematics, physics, mechanics and electronics have brought tires a long way…
COATS trading features (January 02, 1989)
Matt Berry Mines has perked up recently, and this week saw moderate trading activity in the 25 to 43 range. Volume was 163,700 shares. A few weeks ago, this issue had been trading as low as 13 cent…
Baie Verte peninsula discoveries spark exploration boom
Newfoundland’s historic Baie Verte peninsula, site of that province’s earliest copper and gold mines, has once again become the focus of an intensive search for base and precious metals. Over a centur…
Golden Terrace option
Golden Terrace Resources (TSE) has acquired an option to earn a 50% interest in the DeSantis gold property near Timmins, Ont. The option was acquired from Stan North Mining, a private company controll…
Letter to the Editor Are economic sanctions against South Africa
I read your analysis of the Hudson Bay Mining and Smelting operation with some interest. In your editorial Flin Flon shouldn’t suffer for apartheid (N.M., Oct 3/88) by stating “. * * Take any action t…
Cyanide producers expanding to meet growing market
New North American plant capacity for the production of cyanide, the sodium and calcium variety, is in the works. Both E.I. du Pont (sodium) in the United States and Cyanamid Canada Inc. (calcium) hav…
COATS Trading Features (December 26, 1988)
Recently revived Young-Shannon Gold Mines has arranged a private placement of flow-through shares in the amount of $300,000 at $1.00 per share to fund work on its gold property in Chester Twp., north …
Esso expects bids in New Year
Bids will likely start coming in during the first week of January for the assets of Esso Minerals Canada, which were put on the selling block earlier this year by parent Imperial Oil. President Michae…