Law HEMLO RULING: ‘MUST READING’
Since November, 1986, the mining and investment industries have been awaiting the Ontario Court of Appeal judgment in the case involving Lac Minerals and International Corona Resources. Well, it is he…
News
50 Years Ago DECEMBER, 1937 STRAW LAKE DRIFTS IN HIGH GRADE
Drifting to date on the No. 1 shoot east on the 425-ft level at Straw Lake Beach Mines shows it to be of considerably higher grade than the same shoot on the 300-ft horizon where it showed an average …
50 Years Ago DECEMBER, 1937 BIG TONNAGE IRON DEPOSITS INDICATED IN
During the past season, exploration of the large mining concession in Labrador, held by Labrador Mining and Exploration Co., has resulted in the discovery of two iron ore deposits believed to have pos…
LETTERS New Refinery
I have just read your article “Very Refined” in the September, 1987, edition. This article reports on “Canada’s private precious metal refiners — Degussa Canada in Burlington, Ont…. and Johnson Ma…
SUPPLIERS’ NOTES Scintrex Ltd. (December 01, 1987)
Scintrex Ltd., a high-tech company based in Concord, Ont., has been awarded the rights to engineer, manufacture and market a portable trace narcotics detector. The detector is the result of four years…
Cross-Cuts NOVA SOCTIA LEADS
The Nova Scotia Department of Mines and Energy’s method of mineral claim- staking (commonly known as paper-staking) will likely form the basis of a new, streamlined system of claim-staking for the cou…
SUPPLIERS’ NOTES National Seal Co.
Galesburg, Ill.-based National Seal Co. has announced a $6.3-million, 2-phase capital expenditure program to boost manufacturing capacity. Featured is the world’s largest flat sheet extruder of hdpe g…
ON THE MOVE (December 01, 1987)
The new president of Brampton, Ont.-based Marubeni Construction Machinery Canada is Masayuki (Mike) Kataoka. He replaces N. (Bill) Watanube who returns to Tokyo, Japan as deputy general manager of the…
Hit the Jackpot
A large group of miners from Inco’s Frood mine in the Sudbury district of Ontario last week came up with the right number combination in the big Lotto 6/49 lottery, to win $1,600,000. The 58 people in…
Louvem earnings (November 30, 1987)
Louvem Mines reports net earnings of $1.1 million on revenues of $7.1 million for the 6-month period ending Sept 30, compared with earnings of $109,000 on revenues of $7.9 million for the same period …
Goldpost shares
Goldpost Resources reports it intends to purchase through a normal course issuer bid up to 100,000 of its common shares representing about 2% of its issued and outstanding capital stock.
Correction (November 30, 1987)
American Barrick Resources reported net income of $17.7 million for the first nine months of 1987. The Northern Miner printed an incorrect figure in the Nov 23 issue.