tusk minerals aims to acquire New Que. Platinum
Tusk Minerals tsk-ase of Calgary has entered into an agreement to make an offer to acquiree all of the shares of New Quebec Platinum, a Calgary-based mineral exploration company. Under the terms of th…
News
Metal Prices (October 12, 1987)
FREE MARKET .HLondon Metal Exchange .LSpot closing prices in Pound Sterling per tonne Date Oct. 6 Oct. 5 Oct. 2 Oct. 1 Sept. 30 Copper 1156-1157 1159-1160 1131-1133 1138-1140 11…
Norbeau, Northgate in Lemoine venture
Under a joint venture agreement with Northgate Exploration of Toronto, Norbeau Mines can earn a 60% interest in a former producer called the Lemoine mine property within four years. Located approximat…
Investment Comment Bull market in late stages: Analyst
During a week when a number of prominent gold issues were rocked by a sudden drop in the price of gold bullion (from $460(US) to $454.90), a prominent investment publication had some more bad news. In…
Panorama set to evaluate potential of two projects
With two advanced-stage gold properties now under option, Panorama Petroleums is moving quickly to evaluate its production potential. Reflecting its new emphasis on mining, the company also plans a na…
Minieres du Nord plans decline at Isle-Dieu bet
Encouraging results have been reported by Explorations Minieres du Nord from its Isle-Dieu gold property in the Matagami Lake area of northwestern Quebec. Among the better assays was hole 837W-1, whic…
Canadian postal dispute (October 05, 1987)
A dispute in the Canadian postal service could disrupt mail service due to rotating strikes throughout the country. Subscribers in Toronto, Montreal and Vancouver may obtain their copies of The Northe…
Canamax, Pamorex open Bell Creek gold mine
Credit was given where credit was due at the official opening ceremony of the Bell Creek gold mine near here. Officials of Canamax Resources and Pamorex Minerals, equal partners in the venture, acknow…
PRODUCER PRICES (October 05, 1987)
ALUMINUM: MW U.S. Market 82.50 cents -85.00 cents per lb. (Sept 24,1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Sept 3, 1987). BISMUTH: New York dealer $4.75-$4.90 per lb. (Sept 17, 1987). C…
Editorial Extend flow-through to the Third World
Thanks to the flow-through financing introduced by the federal government, this country is witnessing the greatest gold rush in its history, with upwards of $1 billion to be spent on its exploration t…
Cons NRD to continue drilling cmapaign
Eight drill holes totalling approximately 5,125 ft have been completed on Consolidated NRD Resources’ Pinto South property near Val d’Or Que. The company says the gold-bearing intersections are simil…
News in Brief (October 05, 1987)
Duration Mines has completed a private placement with isa Pacific Gold Fund which netted the company $190,000. Duration issued 100,000 shares at $1.90 per share.