New mining law for Quebec
Quebec’s new Mining Act and its regulations will officially come into force Oct 24. Approved in 1987 to replace the old act which was passed in 1965, the new mining legislation contains a number of ch…
News
Recycling metals conference
The department of mining and metallurgical engineering at McGill University is presenting a professional development seminar titled “the recycling of metals” on Dec 5 – 7. Topics include: a historical…
A new corporation for Crown Resources
Crown Resource, Gold Texas Resources (VSE), and Gold Capital Corp. recently announced the execution of a definitive agreement to combine the ownership of the three companies into a new corporation, Cr…
MinVen finds gold in South Dakota
The first gold button has been poured from the Gilt Edge Mine owned by Colorado-based MinVen Gold Corp. (TSE). Located near Deadwood, South Dakota, the Gilt Edge Mine is owned and operated by MinVen’s…
Metal Prices FUTURES PRICES (October 17, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Oct 129.50 129.50 129. 50 + 11.25 Dec 120.30 117.10 120.10 + 10.15 Jan 116.00 116.00 116.3…
Letters to the Editor Free trade and peace
The 12 nations of Europe, which at times have been bitter enemies, contemplate free trade and communication by 1992. Can two old friends, like Canada and the United States, do less? If friendly nation…
Exall seeking opportunities
At the annual meeting of Exall Resources (TSE), held recently in Toronto, President Stephen G. Roman said the company is now in a secure financial position to actively seek opportunities in the minera…
Editorial Rock Mechanics — Can it prevent tragedy?
The recent death of James Wilson, Jr., an experienced miner, and his partner Bruce Braman in a roof collapse at the Denison- Potacan potash mine in Sussex, N.B., was indeed tragic. But it should not b…
Letters to the Editor CB Perception causes rise and fall of stock
As a layman I would like to express my opinions on the price of stocks. Stock prices may rise or fall depending on the public’s perception alone. The profit or loss of the individual company does not …
Montreal Exchange Market turns upward
Investors in a buying mood helped propel the ME this holiday- shortened week to higher levels, with the market portfolio jumping almost 50 pts and the mining and minerals index climbing more than 34 p…
COATS Trading Features (October 17, 1988)
Trading was quiet as mining issues continued to drift in a lethargic market that has characterised the past several weeks. Prices were easier for Boston Bay Mines which tested a new low of $2.50 this…
McFinley wrestles with temperamental ball mill
The McFinley Red Lake Mines (TSE) project near here, looks like a safe bet to become the first new gold producer in the Red Lake camp for at least 25 years. After spending about $25 million, the compa…