Teck set to reopen Newfoundland Zinc
With zinc prices firming at the 40 cents (US) per pound range, Teck Corp is said to be planning to reopen the Newfoundland Zinc zinc mine at Daniel’s Harbor, Nfld. Production at the mine, 63% owned by…
News
Gunner gets option on Sweany claims
An option agreement has been signed between Sweany Gold Corp. and Gu nner Gold which gives the latter company the right to earn a 75% interest in Sweany’s Beardmore, Ont., area gold prospects. Gunner …
Farboro buys two properties, plans financing
Farboro Resources has acquired two properties in northwestern Quebec, the Desboues property covering about 370 ha about 60 km northeast ofLaSarre and the Barry property between Senneterre and Chibouga…
Toronto Stock Market Market slumps as prices reach six-week low
Wednesday close, Sept. 17 It was quite a week on the market and one that more than a few investors would sooner forget. The slide started last Thursday taking its cue from the plunging Dow Jones south…
Query Golden Hope not pure gold playr
I purchased Golden Hope stock at $3 per share. Do you expect the sha re price to eventually rise? J.A., Belleville, Ont. Of course, all investors hope that the price of any shares they purchased will …
Vancouver Stock Exchange Subdued reaction to high gold prices
Wednesday close, Sept. 17 The market reaction here to higher gold prices has certainly been subdued — at least by previous standards. There is still concern that gold prices won’t hold, so investors …
Exploration in high gear for Imperial Metals Corp.y.
Exploration has moved into high gear, says Imperial Metals Corp. Cha irman Hugh C. Morris in a first quarter report to shareholders. Drilling is scheduled for the Cunningham Creek and Takla projects i…
Coniagas et al show loses during first 6 months of 1986
The Coniagas group of six companies has reported results for the 6-m onth period ended June 30 with three of the four operating companies reporting losses for the period. The group includes Coniagas M…
GOLDEN SHIELD EXPECTS TO SEE MIRADO FEASIBILITY BY OCTOBER
A feasibility study on Golden Shield Resources’ Mirado gold mine pro ject is expected to be completed by October, says President Raymond Mongeau.c To date the company has completed 700 ft of explorati…
Net earnings up for Mentor Expl.
For the 6-month period ended June 30, Mentor Exploration and Develop ment realized net earnings of $1.26 million, or 36 cents a share. That’s a significant increase from the $479,055 or 13 cents a sh…
Interview with Gerald Merrithew Federal mines minister vows to be
** voice **…
News in Brief (September 22, 1986)
Contender Resources has changed its name to Strategic Communications Ltd. on a share-for-share basis.