Northgate earnings
Northgate Exploration (TSE) of Toronto reports net income for the 3-month period ended Sept 30, of $216,000 or 1 per share on revenue of $5.1 million. For the same quarter a year earlier the company …
1988
Augmitto withdraws prospectus offering
Poor market conditions have forced Augmitto Explorations (TSE) to withdraw its prospectus offering in Quebec and Ontario, a move which could push back the planned opening in April of its Beauchastel g…
Earnings Reports (December 26, 1988)
Landmark Corp. (TSE) of Toronto reports a net loss for the 9-month period ended Sept 30 of $6.14 million or 23 per share on revenue of $4.92 million. For the same period a year earlier the company re…
Kingswood finds new zone while drilling at Devon
Toronto-based Kingswood Explorations (ASE) has discovered what it believes is a major new shear zone at its Devon property near Matheson, Ont. where the first results from a 12-hole program have just …
Mexican copper showings, mexican buses and mexican blondes
In 1975 I was cruising around the State of Guerrero, Mexico looking at showings and my travels took me through Chilpancingo, the capital of that state. I looked up a man whose first name was Francisco…
People (December 19, 1988)
SINDOR RESOURCES — Fred H. Loghtner appointed president and chief executive officer.
Westgate has major plans
Westgate Mines Limited of Calgary, Alta., plans to launch a major gold development approximately 50 miles northeast of Hanes, Alaska. The property is situated on the British Columbia/Alaska border, on…
Bullish outlook for base-metal producers
Base metal prices may slip back next year from their 1988 highs if economic growth slows but they will likely remain significantly above their early-1980s lows for the period 1989-1993, London-based M…
Metal Prices FUTURES PRICES (December 19, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Dec 156.10 151.65 152.00 + 0.75 Jan 143.00 142.00 142.00 — 2.80 Mar 132.00 128.20 129…
McFinley finds new zone at Bateman Twp. project
Dogged by development problems at the Bateman, Twp., gold project near Cochenour, Ont., McFinley Red Lake Mines (TSE) finally had some good news in its recent interim report to shareholders. The compa…
Video Library
The Toronto Geological Discussion Group and the Prospectors and Developers Association of Canada are jointly establishing a library of videos on mining, mineral exploration, mineral economics and econ…
Kewagama drilling at Granada bet
A preliminary underground drilling program at the Granada property in northwestern Quebec has been completed, Kewagama Gold Mines (Quebec) (ME) reports. A total of 3,288 ft of drilling was carried out…