ON THE MOVE Nuturn Corp.
Nashville, Tenn.-based Nuturn Corp. has appointed E. F. (Gene) Leach as vice- president of finance. He succeeds J. L. Battle who was recently promoted to vice-president and general manager of Nuturn A…
1987
ON THE MOVE Flygt Canada
Flygt Canada announces that Mike Wimmer has been appointed national sales manager and Michel Bakhos has been named marketing manager. These appointments reflect organizational changes to meet the incr…
NEW FOUND GOLD
Gold, as any prospector worth his salt will tell you, is often found in the damndest places. One of those places is the lonely, southwestern coast of Newfoundland. This is rugged country, where the ca…
50 Years Ago — September, 1937 — SPLIT LAKE SHAFT
Split Lake Gold Mines has encountered high grade ore in the shaft being sunk on the Bigstone Bay property. Values increased suddenly at a depth of 20 ft and heavy showings of native gold have been dis…
Editorial Who really will be No. 2 gold producer?
News items concerning two of the world’s leading gold- producing countries came across our desk the other day, one claiming that the U.S. has supplanted Canada as the western world’s second largest go…
More drill results at Vezza property
Dundee-Palliser Resources and North American Rare Metals have received assay results for 16 additional diamond drill holes from the 1987 summer exploration program at their Vezza Twp., Que., property….
Gold giant Placer Dome reports solid profit
Hard on the heels of the formation of Placer Dome Inc., now North America’s largest gold producer, the company has come up with some good financial numbers. Placer Dome was created just days ago by th…
Two zones discovered by Emerald Isle Res.
Results from the first phase of drilling on an epithermal gold property, held by vse-listed Emerald Isle Resources, near the U.S.-Mexico border indicate the existence of two distinct gold-bearing zone…
Greenstone, Syngold reach agreement on two properties
A joint-venture agreement has been signed by Greenstone Resources and Syngold Exploration giving Syngold the right to earn a 50% interest in two of the former’s Chibougamau, Que., properties. Under th…
Cal Graphite is set to start graphite output
A $7.5-million financing is in place and regulatory approvals have been obtained by Cal Graphite Corp. of Lively, Ont., to bring its big graphite deposit at Granite Lake, 155 miles north of Toronto, i…
Toronto Stock Exchange Profit taking terminates market winning
What initially appeared to be the start of another record breaking week on the Toronto Stock Exchange, has turned into a week of profit taking. Following a record high of 4,112.86 pts early in our rev…
Metal Markets Production moves in line with demand
Higher metals and other commodity prices will produce a major turnaround in corporate profits in key resource sectors, benefiting nicely the Canadian economy, Scotiabank reports in a commodity market …