High River drilling deep at Snow Lake gold bet
Having completed a $1.6-million private placement, High River Gold Mines (TSE) has begun 18,000 ft. of deep drilling on its Snow Lake gold property in northern Manitoba. The new program, estimated to …
Having completed a $1.6-million private placement, High River Gold Mines (TSE) has begun 18,000 ft. of deep drilling on its Snow Lake gold property in northern Manitoba. The new program, estimated to …
Low zinc and lead prices led to lower earnings for Teck (TSE) in the 1993 second quarter ended June 30. Net earnings of $3 million for the period were down considerably from $12 million a year earlier…
Low nickel prices continue to take their toll on Inco (TSE), which reported losses of US$2.2 million (3 cents per share) for the second quarter and US$24.8 million (25 cents per share) for the six mon…
The earnings of Noranda (TSE) tumbled during the second quarter to a net profit of $1 million for the three months but a per-share loss of 7 cents after preferred share dividends. For the same quarter…
Underground mining at the Kerr gold mine in Virginiatown, Ont., will be reactivated immediately, reports owner Deak Resources (TSE). Although mining has been suspended since February, ore has neverthe…
New, more precise charges of criminal negligence and manslaughter have been laid against Curragh (TSE) and two former managers of the Westray coal mine in Nova Scotia. The latest charges were filed by…
Vancouver-listed Jarvis Resources has completed production trials at its natural marble processing plant near Sudbury, Ont. The high-capacity automated processing lines, imported from Europe and insta…
Bernard Imbeault appointed vice-president.
Investment newsletter writer Paul Sarnoff in his July 7 issue criticized Canadian diamond exploration. Clearly not a believer, Sarnoff said, among other things, it would be 100 years before a diamond …
A university of Toronto study has found that copper surfaces are effective in preventing zebra mussel attachment. Working at a Lake Erie test site, Professor Jan Spelt of the U of T’s mechanical engin…
I feel that The Northern Miner is the logical spot to comment on the article in the Gold Stock Advisory by Paul Sarnoff, dated July 7. For those who did not read “Canadian Diamond Stocks Can Be Danger…
Ian Rozier, Douglas Hyndman and James Watt appointed directors.
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