Lead/Zinc conference
Metals Week’s second lead-zinc conference will be held on March 6-7, 1989 at The Pointe at Squaw Peak in Phoenix, Az. For more information contact Mary Ann Whalen at (212) 512-2823.
News
Magma Copper third quarter earnings
Magma Copper reports a third quarter 1988 net income of $12.3 million (U.S.), or 32 per common share. This compares to a net loss of $5.1 million for the third quarter of 1987. Total revenue for the …
Noront involved in big new play
Noront Resources (VSE), recently reactivated with strong financial backing as the exploration arm of Central Crude (VSE), is spreading its wings. Although not yet finalized, the company has reached an…
BHP-Utah Mines to earn interest in Snow Lake property
A gold property with known reserves near Snow Lake, Manitoba has caught the interest of BHP-Utah Mines, an indirectly held subsidiary of Broken Hill Proprietary of Australia. Formerly known as Utah Mi…
Intl. Platinum options US properties
Toronto-based International Platinum Corp. (TSE) has optioned more platinum properties in the United States. The first is a 47-claim property covering some 2.9 miles of the layered Picket Pin reef loc…
Brenda improves profit (November 14, 1988)
Stronger copper and molybdenum prices were responsible for improved earnings at Brenda Mines (TSE). The Noranda-controlled company, which operates a copper/ molybdenum mine in British Columbia, realiz…
Alberta Stock Exchange Golconda huge trader
A slight slump in the the price of gold has done nothing to dampen enthusiasm for some of the companies who are currently out looking for the precious metal. While the price of gold dropped $2.25(US) …
Golden Queen feels Soledad could be heap leach mine
Assembling a land position in the United States is sometimes tougher than delineating an orebody, especially when property ownership is fragmented. This was the case with Golden Queen Mining (VSE) whi…
Australian junior files base metals prospectus
An Australian junior appears to be leading a swing by junior companies back into developing base metals properties. East West Minerals, of New South Wales, trading in Sydney at about $1.60(A), this we…
Noranda purchases Crown Butte shares
Recently exercising its option to purchase 250,000 shares of Crown Butte Resources (VSE) at $2.40 per share was Noranda Inc., which now owns 18.4% of the former. Earlie thi year Norand acquire …
Gold and platinum can be found in some ore
The Oct 17th issue of The Northern Miner recently carried an article by Professor Jerry White addressing the promotion of precious metals stocks by “boiler room sales promotions” (N.M., Oct 17/88 Mini…
Euro-Nevada adds Hemlo area royalty to its portfolio
Toronto-based Euro-Nevada Mining (TSE) has acquired a 2 % net smelter royalty on a Hemlo, Ont., property which may host deep extensions of two of Canada’s biggest gold mines. Owned by a Calgary compan…