Pacific Minesearch drills U.S. bet
Encouraged by results at its Howie gold property near Charlotte, N.C., Pacific Minesearch is continuing a 15,000-ft diamond drilling program. In a joint venture with Cominco America, the company will …
News
McAdam confirms three zones at McWatters gold property
Having survived the recent stock market debacle with its share price relatively intact, McAdam Resources of Toronto recently released an update on its exploration properties. At press time, the McAdam…
Noranda gold find on Destiny claims
Drilling by Noranda Exploration on a property shared with Destiny Resources has intersected a gold mineralized zone 65 miles east of Timmins, Ont. Known as the Windjammer project, the property covers …
Brenda improves profit (November 16, 1987)
Stronger copper and molybdenum prices were cited as the reason behind improved earnings at Brenda Mines. The company, which operates a large copper-moly mine in British Columbia, realized net earnings…
Ecudor new name of La Pause Res.
Quebec junior-mining firm La Pause Resources has a new name: Ecudor Mining Society. The name change and a share consolidation, on a 10-old-shares- for-1-new-share basis, were approved at the company’s…
Equinox results from Muskox bet
Partial results have been released from a recent exploration program at the Muskox property in the Northwest Territories. The property is the subject of a joint venture agreement between Equinox Resou…
Brunswick scratches profit from extraordinary gain
Earnings from operations at Brunswick Mining and Smelting Corp.’s large zinc-lead operation near Bathurst, N.B., failed to materialize during the third quarter ended Sept. 30. For the period, the mine…
Sigma earnings
Net income of $4.8 million (59 cents per share) for the first nine months of 1987 has been reported by Sigma Mines (Quebec), compared with $4.97 million (42 cents per share) for the same period last …
Copper breaks $1-mark, best since 1980
Copper, which along with most other base metals has been enjoying an excellent year, has topped the $1(US)-per-lb-mark. Copper futures have also been “flying high” on Comex in New York. The “dollar” b…
Report from Calgary Getty/Noranda still No 1
As Canada’s northern lakes freeze over, Otter and Beaver aircraft are making the conversion from floats to skis in preparation for transportation support of winter drill programs in western Shield loc…
SOQUEM selling Seleine salt mine
SOQUEM, the Quebec Crown corporation involved in mining and mineral exploration, is selling its rock salt mining business. The salt mining operation, located on the Magdalen Islands in the Gulf of St….
Minerals play a vital role in society
Neither mining executives nor media personnel are entirely happy with their relationship. Mining men feel that much of the coverage of their industry is unfair or inaccurate or both. They believe the …