Falconbridge job worth $10 million
A contract worth about $10 million has been signed by Longyear Canada Inc. of North Bay, Ont., involving diamond drilling on the Lindsley base and precious metals property of Falconbridge Ltd. located…
News
Letters to the Editor Mine fatalities study
Your editorial — Mine fatalities study must be nation-wide — is indeed timely. The mining industry does require a greater effort to look into the causes of mine fatalities. However, your assertion t…
Toronto man wins gold prize
A Toronto resident has won 28 oz gold in the “Strike it Rich” contest staged this summer by Ontario Place’s Ontario North Now, in co- operation with the Ontario Mining Association. Winner of the gold,…
Jascan, Novamin report visible gold at Nova Scotia bet
Visible gold has been identified in eight of 11 holes logged to date at the joint-venture Dufferin mine gold property in Nova Scotia, Jascan Resources and Novamin Resources/ Breakwater Resources repor…
News in Brief (November 09, 1987)
A merger which would see Royal Apex Silver become part of Coeur d’Alene Mines of Idaho, subject to shareholder and regulatory approval, has been announced. Holders of Royal Apex common stock would rec…
Potash Co. loss on low price, closure
In the 9-month period ended Sept 30, Potash Co. of America, Inc. suffered an unaudited loss of $16.3 million, including an extraordinary charge of $3.9 million for shutdown expenses at its Saskatchewa…
Pro-or finds gold, chromium showings
Nine new gold and two new chromium showings have been discovered by Pro-or Mining Resources’ prospecting team at the Menarik property in the James Bay area of Quebec. The property is located within 7 …
METAL MARKETS South Africa`s effect on metal prices
The most important single item of news to be found in the bruising events flowing from the panic on world stock exchanges from Oct 19 on is that the gold price retained its value (while stocks did not…
Profit uptrend for Dickenson
The uptrend in earnings of Dickenson Mines continues, with net for the nine months ended Sept 30 ahead to $4,981,000 or 34 cents per share, up from $2,783,000 or 25 cents a share for the same period…
Queries Beaulieu Yellowknife a horror story
You’ll find attached a copy of a share certificate from a company that may have been a gold producer in the 1940s. My grandfather bought the stock at my father’s suggestion after the Second World War….
Golden Shield places Mirado bet on hold
Like most junior exploration companies which attempt to make the leap from explorer to successful mine operator, Golden Shield Resources is experiencing some growing pains. Exuberant at having pulled …
Investment Comment Galactic offers pre-production risk
Although a New York brokerage house has not included Galactic Resources on its recommended list, it says Galactic’s four major properties are interesting vehicles for those investors willing to bear p…