Correction (November 02, 1987)
Contrary to a statement in the Oct 12 issue of The Northern Miner, George Nemcsok is the Chief Geologist for Lac Minerals’ Macassa Division. He has held that position since 1979.
Articles by Northern Miner Staff
Robust commodity prices reflected in Inco results
The strongest nickel and copper markets in five years are being reflected in the bottom line at Inco Ltd. The world’s largest producer of nickel reports third-quarter earnings of $41.4 million compare…
Newfields to probe zone via Lac’s Lakeshore mine
Vancouver-based Newfields Minerals has reached an agreement with Lac Minerals which, Newfields hopes, will allow it to expand reserves at its Kirkland Basin gold prospect in Kirkland Lake, Ont. During…
Belmoral reports 9-month income of $436,000
A net income of $436,000 (1 cents per share) has been reported by Belmoral Mines for the first nine months of 1987, compared to a loss of $410,000 (2 cents per share) for the same period last year. R…
Metal Prices FUTURES PRICES (November 02, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Nov. — — 81.30 — Dec. 81.35 79.70 80.25 + 5.65 …
Letters to the Editor Energy Minister lauds free trade
I know that you will be vitally interested in the effect of the Canada/ U.S. free trade agreement on our economy and on our energy sector in particular. I strongly believe that the agreement is a goo…
Murgold, Chesbar complete decline
A decline ramp has been completed by Murgold Resources and Chesbar Resources on their joint ventured Chester Twp., Ont., gold property. The 3,100-ft-long ramp was completed to a depth of 400 ft. Under…
Queenston’s Northfield deal overshadows 6-month results
While a new-look Queenston Gold Mines has reported increased income from custom milling and gold royalties at its Kirkland Lake, Ont., properties, revenues dropped considerably during the first half o…
Brunswick stays flat during third quarter
Citing low mine production and weak zinc prices, Brunswick Mining and Smelting recorded flat earnings of $3.55 million for the third quarter ended Sept 30. These earnings include an extraordinary gain…
Battle Mountain earnings show 94% increase
Improving gold prices and lower unit production costs were responsible for a third-quarter earnings increase of 94% compared with last year’s results, Battle Mountain Gold has said. According to Chair…
Faraway and Equity renew B.C. drilling
A drill program has started on the Sam silver property held by Faraway Gold Mines. The program will follow up results from two mineralized zones which yielded strong silver assays in previous drill pr…
News in Brief (November 02, 1987)
Colony Pacific Explorations has changed its transfer agent to Guaranty Trust Co. of Canada.