Northern reunion
Former northern Ontario mining community residents now living in western Canada are invited to attend the 3rd annual Northern Ontario Reunion on Sept 26 at the Derrick Golf and Winter Club in Edmonton…
1987
MRI into black in current year
Mineral Resources International reports earnings of $3,581,000, or 23 cents a share for the year ended March 31, compared with a loss of $1,453,000 or 10 cents a share, in the previous year. Revenue …
Vancouver Stock Exchange Market ignores base metals prices
There’s really not too much excitment here at present. Stocks are generally trading within narrow ranges and firmer gold prices have generally been greeted with a big yawn. By presstime the VSE index …
Property undergoes feasibility study
A feasibility study on the former producing Lady Blue mine located south of Kirkland Lake, Ont., is being performed by Silver Bar Mines of North Bay, President R. A. Gilson reports. The Lady Blue mine…
Metal Prices FREE MARKET London Metal Exchange (July 20, 1987)
Spot closing prices in Pound Sterling per tonne Date July 14 July 13 July 10 July 9 July 8 Copper 1038-1040 1047.5-1048 1052-1053 1033-1034 1041-1043 Le…
Barrick selling Wilanour shares
The controlling shareholder of Wilanour Resources, American Barrick Resources, is selling its 67% in the company to Robert Fasken and an unnamed “major mining corporation.” Mr Fasken has interests in …
Balcor confirms reserves on Lynn Lake project
A previously known gold deposit near Lynn Lake, Man., has been confirmed and enhanced by Vancouver-based Balcor Resources in a major exploration program. The company started drilling the deposit in Fe…
Alberta Stock Exchange Disputes affect stocks
On a week when Alberta gold stocks awoke from recent slumbers, allegations of fraud and breach of contract affected a couple of issues quite differently. News that Mohave Gold will retain a 100% of it…
Aruba gold exploration confirms 1872 reports
A mere six months after it obtained exclusive mining concessions to the Dutch Island of Aruba, located 15 miles off the coast of Venezuala, Monte Carlo Gold Mines has completed the first phase of a $2…
Canadian consortium plans to become rare earth king
Being in the right place at the right time is the aim of every mineral exploration company with a view to earning a handsome return on its investment dollars. But for a consortium of Canadian companie…
Small mines forum
The Society of Mining Engineers (American Institute of Mining, Metallurgical and Petroleum Engineers) is sponsoring a forum titled Small Mines Development in Precious Metals Aug 30-Sept 2 in Reno, Nev…
Metal snips (July 20, 1987)
Diamond sales during the first six months of 1987 were 28% above sales for the same period last year, the Central Selling Organization of De Beers Consolidated Mines reports. Sales of rough stones tot…