Higher gold prices coupled with productivity increases at the Cannon mine in Washington State put Breakwater Resources solidly into the black during the first half of 1987. Net earnings for the period…
Aug. 18 Aug. 17 Aug. 14 Aug. 13 Aug. 12 Gold London Bullion Dealers afternoon (morning) $US per oz. 457.50(454.90) 453.30(454.80) 460.00(457.40) 462.50(462.05) 463.40(461.00) Gold Bank of Nova Sco…
Silver Bar Mines of North Bay, Ont., is to begin underground exploration at its Lady Blue mine located south of Kirkland Lake. A former copper producer, the property’s mineralization contains gold, si…
Jascan Resources of Toronto has reached an agreement to earn an interest in a large silver/copper deposit in Montana. The agreement requires Jascan and partners Pacific Coast Mines and Atlantic Goldfi…
Hudson Bay Mining and Smelting moved well into the black in the first half this year, thanks primarily to higher production and sales volume for both copper and zinc. In the second quarter, the compan…
Total steel consumption may decline by 3% this year among oecd- member countries, the Paris-based Organization for Economic Co- operation and Development reports in The Steel Market in 1986 and the Ou…
A 36% interest of Vancouver-based Arizona Star Resource was recentl y acquired by Amir Mines. The latter purchased 1.2 million shares for $864,000. In addition, Amir acquired a one-year option to purc…
Exploration programs are under way on four properties controlled by Hemisphere Development. In the Courageous Lake area, N.W.T., the company is drilling sections of a 14-km-long property which adjoins…
Three diamond drills are working at the Debbie property on Vancouver Island, a joint venture between Westmin Resources, Nexus Resources and Angle Resources. A $2-million program is under way on the 24…
Detailed geological surveys are under way on the Roman property of Samarkand Resources on the British Columbia-Yukon border, the company reports. It says rock samples from the property have assayed up…
Grandad Resources continued its winning streak on the COATS system trading more than 600,000 shares for the week. The issue hit a new high of $2.15 before settling back. Last week, the company announc…
The 2,534 investors who bought units of First Exploration Fund last year are now the proud shareholders of Equity Preservation Corp. Trading publicly for the first time this week on the Montreal, Toro…
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