Breakwater sees record production and profits
The past year has been one of tremendous change and growth for Breakwater Resources (TSE). The company turned in record production and profits, became free of bank debt and paid its first semi-annual …
News
COATS Trading Features (April 11, 1988)
Tarzan Gold continued to be a volume leader this week, trading more than 90,000 shares. The price, which is almost double the original issue price of 75 cents was $1.65. The company has a large portf…
Bentley ups reserves at Bagdad Chase mine
A recently completed drilling program has increased open pit reserves at Bentley Resources’ (VSE) Bagdad Chase mine located in the Mojave Desert of southern California. Reserves have increased to 1,10…
Investment Comment Strong lead, zinc base making Cominco a buy
An expected end to the recent copper “boom” may not be music to the ears of Cominco Ltd.’s Vancouver-based executives. With an output of 194 million lb in 1987, Cominco was Canada’s second- highest le…
With adit in place Geddes targets Windy Craggy ore
Toronto-based Geddes Resources (TSE) has almost completed a 7,000-ft adit at the Windy Craggy copper-gold-cobalt-zinc project in northwestern B.C., shareholders were told at the company’s recent annua…
Cassiar committed to McDame asbestos mine
Asbestos producers have faced numerous difficulties over the years including Cassiar Mining (TSE) whose product quality is one of the highest in the world. In terms of usage its fibre is also among th…
Greenstone/Dragoon venture in 9-month tune-up stage
Production of silver-lead-zinc concentrates is under way once again at the Comstock Silver Cup mine in British Columbia’s Slocan mining district, The Northern Miner has learned. Nearly 70 years since …
Westar gets price increase from Japanese coal buyers
A $2.90(US) price increase has been won by Westar Mining (TSE) from its Japanese customers for the coal year commencing April 1. This brings the price for metallurgical coal to $46.90 per tonne. Westa…
Equinox on schedule with Maude Lake program
An underground exploration program on the Maude Lake gold deposit is progessing on schedule, operator Equinox Resources (TSE) says. The property, which is located near Matheson, Ont., is held under op…
Editorial Sales tax on power is a no-no
As though an electrical power rate increase announced late last year of about 5.2 per cent to direct power users weren’t enough, it is now being proposed that a sales tax be added to the cost of power…
Rouyn bulk sampling at Francoeur gold project
A 33,500-ton bulk sampling program at the Francoeur property is expected to be completed by May, Rouyn Mining Resources (TSE) says. Following the completion of the mining program, the company plans to…
Int. Coast Minerals drills B.C. gold bet
International Coast Minerals (VSE) has started a $340,000 drilling, trenching and sampling program on its Bear gold prospect in the Kennedy River area west of Port Alberni on Vancouver Island. The com…