1987

Brunswick Mining and Smelting Corp. reports first quarter earnings of $355,000, compared with a loss of $3,525,000 in the first quarter of 1986. Value of mineral production in the latest period was $6…

With its steelmakers having cut production, Japan will start relying more on steel imports than exports, and developing nations such as Brazil and Korea will be expanding their steel capacity steadily…

Vancouver-based Four Seasons Resources has established a Maritimes exploration arm, F.S.R. Maritimes Exploration. F.S.R. Maritimes is negotiating an option agreement with Four Seasons whereby it could…

Ceasar Resources has changed its name to Audre Recognition Systems Inc. on a share-for-share basis.

Exploration activity was up sharply in the Maritimes during 1986, and this year is shaping up to be even busier. More than 30 junior exploration companies are at work in Nova Scotia, New Brunswick and…

World crude steel production in 1986 totalled 714 million tonnes, down from 720 million tonnes in 1985, the International Iron and Steel Institute reports. Crude steel production of the western world …

Manitoba is currently experiencing considerable mineral exploration and mine development by the junior mining sector. It is possibly the most activity ever by juniors in the province, with more than 6…

June 9 June 8 June 5 June 4 June 3 Gold London Bullion Dealers afternoon (morning) $US per oz. 452.65(452.05) 456.55(454.40) 453.50(454.70) 452.75(450.25) 453.00(453.35) Gold Bank of Nova Scotia, …

Exploration expenditures in Quebec grew by 58% in 1986, soaring to an unprecedented $263.1 million. More than 87% of this investment was earmarked for the off-site exploration for which the spending r…

Breakwater Resources of Vancouver has given a Swiss bank the mandate to offer for sale in Europe 35 million Swiss francs (approximately $31 million) as the principal amount of convertible Eurobonds. T…

Thorco Resources reports it has acquired 100% of the issued share capital and warrants of Centurion Exploration and Mining, a U.K.- -based mining company with a 60% controlling interest in a South Afr…

The Francoeur property of Rouyn Mining Resources could be in production as early as next March pending receipt of a positive feasibility study, President Jean-Guy Rivard told a group of investors in T…