Kerr Addison quarter results
Kerr Addison Mines (TSE) had net income of $7.1 million or 41 per share for the nine month period ended Sept 30. During the same period in 1987, earnings per share totalled $1.03. The profits were gen…
News
Letters to the Editor land claims not dividing Yukon mining
Your issue of Oct 3, carried an article by Nancy Campbell describing some of the land claim concerns in the Yukon Territory (Land claims settlement divides Yukon mining industry.) While much of the ar…
Coeur d’Alene
The president of Coeur d’Alene Mines is bullish on silver. Dennis Wheeler told a New Orleans investment conference recently that he was optimistic “several fundamental factors will lead to higher silv…
Queries Renabie Gold Trust
I am an investor and subscriber to The Northern Miner, which I think is a great newspaper and a must for any investor. I would like some information on the Renabie Gold Trust, listed on the TSE. I cou…
FREE MARKET Metal Prices
London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 25 Oct 24 Oct 21 Oct 20 Oct 19 Copper 1870-1874 1830-1835…
FINANCING (October 31, 1988)
ONTARIO Eagle Egy — final rec iss offer max 13,000,000 & min 10,000,000 @ $1 per sh to net max $12,090,000 & min $9,300,000. VANCOUVER Eros Res — 400,000 sold for gross $160,000. Gulderand Mng — …
Letters to the Editor Need Red Lake photos
The Red Lake Museum is searching for people who may have stories and/or photographs of Red Lake from the 1920s, 30s and early 40s. Some of the early mining pioneers/founders we are interested in are: …
News in Brief (October 31, 1988)
The Canadian Centre of Mineral and Energy Technology (CANMET) has issued a call for papers and has announced the conference on surface crown pillar evaluation for active and abandoned metal mines on N…
PRODUCER PRICES Metal Prices (October 31, 1988)
ALUMINUM: MW U.S. Market $1.055-$1.095 per lb. (Oct 20, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $5.90-$6.00 per lb. (Oct 20, 1988). CADMIUM: New Y…
LaFosse Platinum acquires options (October 31, 1988)
La Fosse Platinum (TSE) has acquired an option on two properties in Quebec. The first was optioned from Kangeld Resources (VSE) which made a polymetallic d iscovery last summer. The Kangeld ground h…
Letters to the Editor Centres of excellence bandwagon
I have noted with interest your editorial and recent correspondence which has appeared about “Centres of Excellence” in The Northern Miner. Frankly, a bandwagon approach is being taken about the centr…
Cominco earns $128 million
This is proving to be a record year for base metal producers, particularly Cominco Ltd. (TSE). For the nine month period ended Sept 30, consolidated earnings were $128.3 million before including an ex…