Aluminum symposium
Metals Week will be hosting its second aluminum symposium titled “Facing the 90s” in Montreal, Que. on Sept 25-26. For more information contact, Mary Ann Whalen, 42nd floor, 1221 Avenue of the America…
Articles by Northern Miner Staff
Bond Gold has good year
Bond International Gold (NYSE) reports second quarter net income of $13.3 million(US) for the period ended Dec 31. For the first half of the fiscal year net income was $15.2 million or 28 cents per sh…
Earnings Reports (February 27, 1989)
Bond International Gold (NYSE) reports second quarter net income of $13.3 million on revenue of $55.1 million. For the six months ended Dec 31, the company reports net income of $15.2 million(US) or 2…
Trader Res. encouraged by Ronnoco gold bet results
Toronto-based Trader Resource Corp. (TSE) is beginning to report some interesting results from the Ronnoco Gold Mines (COATS) property in the heart of the Timmins, Ont., camp. Under an agreement with …
Gracie-St Joe reserves upped
LAC Minerals (TSE) has increased reserves on two properties accessible from LAC’s Macassa gold mine near Kirkland Lake, Ont. Reserves on the Gracie and St Joseph properties are estimated at 337,400 to…
Rochester options Nevada bet to Billiton
Vancouver-based Rochester Minerals (VSE) has granted Billiton Minerals USA an option to earn a 70% interest in its Cherry Creek property located 60 miles north of Ely, Nev. Billiton Minerals is a unit…
Metal Prices FREE MARKET London Metal Exchange (February 27, 1989)
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 21 Feb 20 Feb 17 Feb 16 Feb 15 Copper 1728-1730 1693-1695 1650.5-1652.5 1665-…
Mountain West Elkhorn reserve
Mountain West Resources (VSE) has calculated a new geological reserve for its Elkhorn property in Montana. The new reserve study indicates some 786,000 tons averaging 0.1 oz gold or 530,000 tons gradi…
Corona/Golden Nevada drilling near Nickel Plate mine
In a push to increase and find new reserves to eventually feed its mill near Hedley B.C., Corona Corp. (TSE) is currently operating five diamond drill rigs on a number of properties near its producing…
Pegasus earnings reflect higher gold production
A 24% increase in gold production boosted the net earnings of Pegasus Gold (TSE) to $17.8 million(US) or 75 cents per share in 1988. These results compare with a $14.5 million profit or 70 cents a s…
Deak Res. set to acquire old MacDonald zinc mine
Deak International Resources, a subsidiary of the New York metals trader Deak International Inc., is close to acquiring Noranda Inc.’s (TSE) 51% stake in the former West MacDonald zinc mine in Quebec….
Jerome sampling is encouraging
Initial chip sample results from the underground drift faces on the South zone at the 500-ft level of the Jerome project in northern Ontario averaged 0.28 oz gold per ton, across an average width of 5…