1988

Better gold sales aid Canamax results

An increased level of gold sales enabled Canamax Resources (TSE) to realize an increase in operating earnings from mines in production. However, for the second quarter ended June 30, the company had a…



Montanna tunnels produce gold profits for Pegasus

With its Montana Tunnels project now fully operational, Pegasus Gold (NASDAQ) reported record net earnings for the second quarter of $7 million or 30 cents per share. Those earnings were 63% higher t…


Yukon busy at ex-producer in Slocan mining district

Exploration of the old underground workings at Yukon Minerals’ (ASE) Senator gold/silver claims near Slocan, B.C. is scheduled to begin almost immediately, the company said recently. Located 8 km sout…


MacDonald Mines regains shares in Gallen mine

A group of shareholders representing more than 10% of the issued shares of COATS-listed MacDonald Mines is trying to breathe new life into the mining company. At a recent meeting in Montreal, the comp…


Queries How to read stock tables and warrants

We just received our first issue of The Northern Miner and enjoy it very much. As president of an investment club here in Tokyo, I would like to have some information on how to read your stock tables….


News in Brief (September 05, 1988)

Belmoral Mines (TSE) says it has obtained $2 million in flow-through financing from CMP 1988 Resources Partnership and Company. The funds were obtained in consideration of Belmoral common shares at $2…



Editor’s note

I have subscribed to your paper for more than 25 years and have always eagerly read it, but was I ever astounded and disgusted to see in your Aug 15th issue the sole “Letter to the Editor” headed `Mad…


Queries Canada Radium Corp.

While looking around in my father’s attic recently, I found a copy of a 1959 share certificate for 100 shares of Canada Radium Corp. I’m 99% sure that the shares are worthless but I’m curious as to th…


Newmont’s Carlin output could rival South Africa

Predictions that the Carlin gold belt of here could eventually rival South Africa as a gold producer can’t be discounted given the reserves found there by companies like Newmont Gold Company. As The N…


Vancouver Stock Exchange Still slow and sluggish

Patience has become a real (but unwelcome) virtue among Vancouver brokers these days. Placing bets as to exactly when this long-running (since Oct ’87) bear market will end has become a popular pastim…


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