Letters to the Editor “My heart bleeds”
Re Juniors can’t afford red tape for speculators Jan 18: As one of the evil speculators who “hides behind a curtain,” etc., “in and out for a killing, or to rake the markets” whenever I get a chance, …
News
Important results from OGS study
Among the significant Ontario Geological Survey studies in the Northwest Region reported in the past year was the discovery of large areas of shallow oceanic platform sequences in several Ontario gree…
The 1987 Coal Review WESTAR
Vancouver-based Westar Mining is Canada’s largest exporter of metallurgical coal although it also exports thermal coal. The company is 66.6% owned by British Columbia Resources Investment Corp. and 33…
Metal Prices PRODUCER PRICES (February 01, 1988)
ALUMINUM: MW U.S. Market 89.50 cents -91.50 cents per lb. (Jan 14, 1988). ANTIMONY: New York dealer $1.14-$1.18 per lb. (Jan 14, 1988). BISMUTH: New York dealer $4.75-$4.85 per lb. (Jan 14, 1988). CAD…
Metal Prices FUTURES PRICES (January 25, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jan 126.30 124.50 124.75 — 2.55 Mar 113.30 110.90 …
News in Brief (January 25, 1988)
Emerald Lake Resources and Highland-Crow Resources have amalgamated into Noramco Mining Corp. each on a share-for-share basis.
Lencourt options Glencairn prospect
A memorandum of agreement has been signed by two Toronto- based companies, Lencourt Ltd. and Glencairn Explorations, whereby Lencourt may earn a 51% interest in the latter’s Goodfish gold property at …
Energex awaits feasibility on Toodoggone gold property
A decision to go ahead with production at Energex Resources’ Al property in the Toodoggone area of north- central British Columbia will depend on results of a feasibility study to be completed mid-Feb…
Sale of Mascot brings profit to Royex Gold
An extraordinary gain resulting from the sale of Mascot Gold Mines to Lacana Mining, enabled Royex Gold Mining to realize net income of $47 million for the year ended Sept 30, 1987. This compares to a…
Denison profit boost mainly due to oil, gas
Profit of Denison Mines, before extraordinary, unusual and other nonrecurring items, climbed 45% in 1987 over the previous year, and the company credits its expanding oil and gas division for the shar…
Hemlo puts Corona in the black
Increased gold production both from the David Bell mine and the still-disputed Williams mine at Hemlo helped put International Corona Resources well into the black for the year ended Sept 30, 1987. Th…
Queries Cornucopia Res. hasn’t changed its name
When I sold 400 shares of Cornucopia Resources recently, I was informed by my broker that this company is now Valley View Gold. While the shares of Cornucopia are listed in Vancouver and Valley View…