Maufort option
An agreement has been reached between Maufort Resources and a Vancouver company, Moneywise, whereby Maufort may earn a 51% interest in 700 acres adjacent to its Siscoe extension property in the Val d’…
Articles by Northern Miner Staff
Belmoral ahead on year despite poor quarter
A loss during the second quarter of $656,000 has been reported by Toronto-based Belmoral Mines. The company’s net income for the first six months of 1987, however, stands at $349,000, thanks to a stro…
Canasil starts exploration work at Toodoggone
A phase one exploration program has begun on Canasil Resources’ Toodoggone area property north of Smithers, B.C. Work will include the evaluation of a breccia zone where anomalous gold and silver valu…
Hope Brook entering production
On the remote southwest coast of Newfoundland, where the caribou outnumber the people, a gold mining crew is feeling triumphant. Its year-long struggle with the elements is starting to pay off. The he…
People Pangea Resources
Robert Turner appointed vice-president mining operations responsible for construction and operation of the Paupers Dream gold mine and heap leach operation near Helena, Mont.
SUPPLIERS’ NOTES SEPAC Inc.
SEPAC Inc. has appointed Rausch Sales Co. as its exclusive sales engineering rep resentative for Florida (excluding the Panhandle). Rausch will handle sepac’s line of electric and hydraulic clutches a…
SUPPLIERS’ NOTES M E International
Northern Automatic Electric Foundry, a wholly – owned subsidiary of Armco Inc., a nd Stelco Erie Corp., a wholly-owned subsidiary of Stelco Inc., have formed a jo int venture and created a new company…
ON THE MOVE Convex Computer
Convex Computer Canada has appointed Richard Slowinski as general manager. He jo ins the company after more than 15 years in the computer industry. As general ma nager, he will be responsible for sale…
ON THE MOVE Moss Resources
R. W. Cairns has been appointed as a director of Toronto-based Moss Resources. C airns is a senior vice-president of Walwyn Stodgell Cochran Murray. He will cont ribute to Moss Resources’ ability to f…
Enigmatic Imperial metals spinning off gold assets
Last year even the president of Imperial Metals admitted his company was “somewhat of an enigma,” arguing in the process that it wasn’t as difficult to understand on a “sector- by-sector basis.” Since…
LETTERS Wrong Sponsor
I am writing with regard to your mention of the Prospectors’ Triathlon, in the Cross-cuts section of the June, 1987, issue. I feel it is my obligation to bring to your attention that it is the Porcupi…
Metal Prices PRODUCER PRICES (August 03, 1987)
ALUMINUM: MW U.S. Market 73.50 cents -76.00 cents per lb. (July 16, 1987). ANTIMONY: New York dealer $1.07-$1.12 per lb. (July 16, 1987). BISMUTH: New York dealer $3.25-$3.40 per lb. (June 25, 1987). …