1988

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Mar 93.90 92.20 93.10 + 2.00 May 89.00 …

Having whetted his appetite for gold during unsuccessful bid for control of Newmont Mining Co., Texas oilman T. Boone Pickens is back in the hunt for another major gold producer. The target this time …

Drilling by X-Cal Resources on the company’s Snowbird gold property near Fort St. James, B.C., has doubled the strike length of the main gold mineralized zone to more than 4,000 ft. The additional str…

Over-all it was a very good year for Pioneer Metals which reported net income for 1987 of approximately $4.1 million or 31 cents per share. This compares to earnings of $2.2 million or 27c a year ear…

Toronto-based Cliff Resources says it is progressing toward production at its Green Hill gold mine at the Olinghouse district, northwest of Reno, Nev. Financed with a project loan bridged to a gold lo…

ALUMINUM: MW U.S. Market 101.00 cents – 105.00 cents per lb. (Feb 25, 1988). ANTIMONY: New York dealer $1.09-$1.15 per lb. (Feb 25, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (Feb 18, 1988). …

Noranda Inc. is going hunting for base metals this year — not to the total exclusion of precious metals, of course, but enough to mark a major shift in emphasis. Last year, for every $6 spent trying …

During 1988, Queenston Gold Mines expects its property interests will undergo a minimum of two underground exploration programs and four surface drill programs. Total exploration expenditures by Queen…

Rio Algom, operating through its wholly-owned subsidiary Rio Algom Exploration, plans to increase its Canadian exploration activities in 1988, especially in its search for gold and massive sulphide ba…

The Royex group, which includes International Corona Resources, Lacana Mining and Mascot Gold Mines, expects to intensify its search for exploration and acquisition opportunities in 1988 under newly- …

High-pressure slurry pumps, manufactured by geho Pumps of the Netherlands, are now available in Canada. The company has established an office in Schofield, Wis. and has formed a new company — geho Pu…

Continuing the remarkable forward trend which has been in progress for several years, Buffalo Ankerite Gold Mines, in 1937, marked up increases of 120 per cent in net profits after all charges. The co…