Metal Prices PRODUCER PRICES (May 11, 1987)
ALUMINUM: MW U.S. Market 65.00 cents -66.50 cents per lb. (Apr 23, 1987). ANTIMONY: New York dealer $1.15-$1.20 per lb. (Apr 23, 1987). BISMUTH: New York dealer $2.70-$2.85 per lb. (Apr 23, 1987). CAD…
Articles by Northern Miner Staff
Aussies give Cdn junior a facelift
Shareholders of Vancouver-listed Consolidated Reactor Uranium Mines have approved the take-over of their inactive, indebted company by Mineral Commodities Limited Group (mclg), formerly Woodsreef Mine…
Vancouver Stock Exchange Index flirts with 2000 mark
For the first time ever, Vancouver’s market index breached the 2,000 mark although it’s dropped back slightly and is now hovering around 1990. Trading volume has slipped somewhat but it’s still heavy …
Pacific Trans closes $4.2 million financing
A total of $4.2 million has been raised by Pacific Trans-Ocean Resources, the company says. Approximately $1.4 million was raised via the issue of flow-through shares. Another $2.8 million came from a…
Mineral Technology Council formed
A newly created, privately funded agency — the Mineral Technology Council of Canada — will act as an “information broker” for the mining industry in an attempt to match up the most promising researc…
COATS Trading Features (May 11, 1987)
Card Lake Resources continued to make gains, closing at $1.65-$1.70 — up from $1.50 last week. Company President Paul Zyla says drilling has started on Card Lake’s gold property in Harker Twp., east …
Neptune claims in New Brunswick
Neptune Resources reports it has staked and recorded 40 claims on the Cape Spencer structure near St. John, N.B., in a project to be known as the Marigold project. President M. K. Witte says the compa…
Editorial Mining like shovelling snow?
Just when we thought the Mining Association of Canada was winning its battle of informing and educating our elected representatives in Ottawa, this gem comes across our desk: “Extracting minerals fr…
Barrick drilling hot at Goldstrike
Deep drilling at the Goldstrike property in the Carlin gold belt area of Nevada by operator American Barrick Resources continues to produce significant results. Six holes have been completed since tha…
Editorial They do us proud
It was an impressive, even moving, sight at the awards dinner of the Canadian Institute of Mining and Metallurgy to see the nearly three dozen men invited up to the head table to be honored for their …
Iron ore workers approve contract
Iron Ore Company of Canada workers at Labrador City, Nfld., members of USW Local 5795, have approved a new contract. Terms of the contract were not disclosed. The union local is the bargaining unit fo…
Tyler trades on TSE
The shares of Calgary-based Tyler Resources began trading on the Toronto Stock Exchange under the stock symbol “tys” effective April 28. The original listing is in the mining category for 6,674,833 co…