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 …
1987
Marker active in Baie Verte
Alberta-listed Marker Resources has staked some 318 mineral claims covering 12,700 acres in the Fleur De Lys area of the Baie Verte Peninsula of Newfoundland. President Gordon Barron says this ground …
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…
Profit on growth curve for Kerr Addison Mines
With two new high grade mines waiting in the wings, Kerr Addison Mines expects this year’s bottom line to look better than ever. This expectation is already unfolding as it should. Net earnings of $4….
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…
Heap leach paying off for Grandview
The economy of California is larger than many industrialized nations including Canada’s. And in recent years, gold mining has once again become an integral part of the state economy which for a time …
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…
Ore body extended by Golden Hope, Golden Group
Recent drill results from the Estrades property in northwestern Quebec have “extended the main orebody laterally while concurrently establishing better continuity within the sulphides and gold deposit…
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…
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…
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…