1988

I have noted with interest your editorial and recent correspondence which has appeared about “Centres of Excellence” in The Northern Miner. Frankly, a bandwagon approach is being taken about the centr…

This is proving to be a record year for base metal producers, particularly Cominco Ltd. (TSE). For the nine month period ended Sept 30, consolidated earnings were $128.3 million before including an ex…

I have some old share certificates for the Consolidated Mining and Smelting Company of Canada, which my late husband purchased in 1958. I am trying to settle the estate and would like to know where I …

Unaudited net earnings of $44.2 million ($5.35 per share) for the first nine months of 1988 were recorded by Lornex Mining (VSE), compared with $26.8 million ($3.25 per share) for the same period last…

Several consulting firms have been engaged by Athena Gold Corp. (VSE) to conduct independent verification of significant portions of the known data on its Talapoosa gold and silver property in western…

A drilling program totalling 12,000 ft has been started on two properties in the state of Virginia in the United States, Virginia Gold Mines (ME) reports. The drilling will be performed on the Hughes …

Net earnings from operations of $6.76 million (19 per share) were reported by Brunswick Mining and Smelting (TSE) for the third-quarter of 1988 compared with $17,000 for the same period last year. Val…

The bear market combined with the spate of bank takeovers of Canadian brokerage firms is proving too much for some firms, which have been forced to cut back staff. Sources from London tell us that Sco…

Led by Inco, which reported net earnings of $200-million(US) in the 3-month period ended September 30, third-quarter results for base metal mining companies are showing excellent performances. Recentl…

The 12th Annual Open House and Review of Activities by the Newfoundland department of mines is scheduled to be held Nov 3 at the Newfoundland Hotel in St. John’s. The meeting is designed to make the m…

I was extremely interested in the article of Oct 10/88, regarding the disappearance of Dan Willans, but first will give you some information as to how this association came about. My parents moved to …

Drill results from what looks like the one of the best gold discoveries to date in Newfoundland, lead to a cease-trading order early in the week for property-holder Bitech Energy Resources. When news …