News

Lower metal prices contributed to a drop in the second-quarter and 6-month earnings of Noranda (TSE)). The resources giant announced net earnings for the six months ended June 30 of $33 million (two c…

Semi-monthly reports as of July 15, showed 22,733,628 shares of 571 issues compared with 22,630,379 shares of 543 issues on June 30. Larger individual positions included: Amer. Barrick 335,062, up 106…

The red ink continues to flow at Denison Mines (TSE) as the uranium miner wrestles with debt and negotiates with key lenders to its Petromarine Italia subsidiary. Toronto-based Denison reported a loss…

A drop in head grades at the Lawyers mine in north-central British Columbia pushed first-half results into the red for mine owner, Cheni Gold Mines (TSE). The company reported a loss of $1.7 million f…

The mastery of fire has set man apart from every other species. Had he not succeeded in mastering it, it is doubtful that man would have survived. Peking man is believed to have used it as long ago as…

Some lawyers never use five words if 20 could say the same thing. Some negotiators follow a similar rule: Never frame a simple deal if you can construct something more complex. There is probably some …

PAYMASTER MAKING STEADY ADVANCE Paymaster Consolidated has closed another fiscal year with a record output of bullion and unimpaired ore reserves. Visiting the property, in South Porcupine, Ont. this …

B.C. CLAIM-STAKING ON THE RISE In spite of a general lull in mine exploration across the country, claim-staking has not abated in British Columbia. According to Energy, Mines and Petroleum Resources, …

Put me in coach, I’m ready to play.” These words evoke images of the athlete who practices hard and diligently but, for some reason, never gets into the game. Ignored by the coach, except when the gam…

A most curious thing happened to me the other day. I was walking along the Lake Ontario shoreline when a bottle with a note inside caught my attention. The contents of the note, I believe, are rather …

To a metallurgist, it’s “dross’ . . . the grey, spongy mixture that forms on the surface of molten aluminum. Others might call it scum. As unpleasant as the stuff sounds, don’t dismiss it as waste. Ap…

Weatherhaven Resources, manufacturers of air-transportable camp installations and shelters, has entered into an agency agreement with Carson Pratt Services of Papua New Guinea to provide local sales a…