News

Inco has a record quarter, but best is yet to come

Profit earned by Inco Ltd. (TSE) for the first quarter of this year is the largest such profit in the company’s history. Bolstered by the strongest nickel prices in the history of the industry, the co…


Queries Gibson Girl and Caliper remain inactive

Please provide me with some information on Gibson Girl Mines and Caliper Developments. The Northern Miner hasn’t published any news on the two companies for at least a decade. F.M., Orillia, Ont. Acco…


SMDC has record profit from uranium production

Record uranium production combined with lower debt charges and interest rates are the main reasons behind the record earnings of $60.3 million realized by Saskatchewan Mining Development Corp. For the…


Tusk acquires LaRonge option

Calgary-based Tusk Minerals (ASE) has acquired an option to earn a 50% interest in a former producer called the Anglo-Rouyn and adjacent ground, the company said recently. Located about 35 km northeas…


New zone uncovered by Val d’Or, Abcourt

A new gold-bearing zone in the northern part of the Vendome property located 30 miles north of Val d’Or, Que., and three miles west of Barraute, has been discovered by Val d’Or Resources (ME) and Abco…


Messeguay confirms earlier results

A second assay has confirmed earlier published results from the Launay-Privat gold property situated about 30 miles northeast of Rouyn-Noranda, Que., Messeguay Mines (ME) reports. Hole ML-87-75 return…


Alberta Stock Exchange Casamiro climbs

An expected resumption of operations at the Sherwood mine gold property in the Strathcona area of Vancouver Island has given a spring boost to the Casamiro Resources issue. Trading on 333,100 shares i…


Energex starts Nevada drilling

A 4,000-ft reverse circulation drilling program is commencing at Energex Minerals’ (VSE) and Geostar Mining’s Gold Springs project located 150 miles northeast of Las Vegas on the Nevada-Utah border. B…


Muscocho officers report low group equity holdings

While the names Terry Flanagan and Jack McAdam are almost synonymous with the Muscocho Group of companies which includes Muscocho Explorations (TSE), Flanagan McAdam Resources (TSE) and McNellen Resou…


Committee spreads message about saving flow-through

The Save Flow-Through Committee travelling show continues to spread its message across Canada, with recent meetings in Newfoundland and Manitoba. The committee, which is chaired by Eveline Kasner of K…


Homestake wins battle for North Amer. Metals

The takeover battle for North American Metals appears to be over with U.S. gold producer Homestake Mining emerging as the victor. By midnight April 15, shareholders had tendered approximately 5.4 mill…


Metal Prices PRODUCER PRICES (April 25, 1988)

ALUMINUM: MW U.S. Market $1.11-$1.21 per lb. (Apr 7, 1988). ANTIMONY: New York dealer $1.09-$1.15 per lb. (Feb 25, 1988). BISMUTH: New York dealer $5.70-$5.85 per lb. (Mar 24, 1988). CADMIUM: New York…


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