Broulan Resources (TSE) and partners Belmoral Mines (TSE) and Wrightbar Mines (ME) say they may elect to take a shorter route toward exploration at the old Broulan mine property near Timmins, Ont. In …
Days away from officially opening their Golden Pond gold mine in the Casa Berardi region of Quebec, partners Inco Gold and Golden Knight Resources (TSE) have announced significant drill intersections …
Murdock Charles Mosher, one of Canada’s best known prospectors, died Sept 6 at Centenary Hospital in Scarborough, Ont. He was 85. Born in Wine Harbour, N.S., “Murdie” was one of three brothers who sco…
Net income of $3.8 million (10 cents per share) on revenues of $15.5 million was reported by Belmoral Mines (TSE) for the first six months of 1988, compared with net income of $349,000 (1 cents per sh…
If North American investors are convinced that stock prices are on their way up, there were few signs of optimistism on the lacklustre Alberta exchange. Volumes were generally low and only a handful o…
As you know, Jimberlana Holdings was directed to purchase all the outstanding shares of Pamour Inc. via Giant Acquisition Corp. This company should be called the “Giant Rip-off Corp.” instead since it…
Re: Your article in the Aug 15 issue, page 4; “A Brush with the Law” regarding criminal charges against Donald McKinnon being dropped. I can give you my honest opinion. The law has planted the seed. I…
Development work is under way at the San Francisco gold property near Philipsburg, Mont., First Idaho Resources (VSE) said recently. First Idaho’s U.S. subsidiary Grand Trunk Resources, holds a 50% in…
Start up costs at Malartic Hygrade’s (VSE) Orion gold mine near Val d’Or, Que., and an unrealized U.S. dollar exchange loss, reduced the company’s earnings during the first half of 1988, Malartic anno…
ALUMINUM: MW U.S. Market $1.27-$1.29 per lb. (Aug 25, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Aug 25, 1988). CADMIUM: New Yor…
While exploration spending is reported to be down in many areas, Glen Auden Resources (TSE) has budgeted $16 million for its stable of 33 properties. The company said it is also negotiating several ad…
A re-examination of drilling in 1987 has revealed an extension of the A zone at the Launay-Privat property located 24 miles northeast of Rouyn-Noranda, Que., Messeguay Mines (ME) reports. The company …
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