Queries Beaulieu Yellowknife a horror story
You’ll find attached a copy of a share certificate from a company that may have been a gold producer in the 1940s. My grandfather bought the stock at my father’s suggestion after the Second World War….
News
EDITORIAL Ontario Hydro rate hike too high
Government-mandated costs in Ontario (including costs of energy, unemployment insurance, compensation assessments) represent about 20 per cent of a mine’s operating expenses, so it was not too surpris…
Falconbridge job worth $10 million
A contract worth about $10 million has been signed by Longyear Canada Inc. of North Bay, Ont., involving diamond drilling on the Lindsley base and precious metals property of Falconbridge Ltd. located…
Letters to the Editor Mine fatalities study
Your editorial — Mine fatalities study must be nation-wide — is indeed timely. The mining industry does require a greater effort to look into the causes of mine fatalities. However, your assertion t…
Mine shutdown hits Minnova Inc.
Minnova Inc. realized net income of $900,000 or 6 cents per share for the first nine months of 1987. This compares with earnings of 23 cents per share realized in the same period last year. The large…
Correction (November 09, 1987)
Contrary to what was reported in our issue of Oct 19, Tony H. Ransom is president of Pamorex Minerals Inc.
Golden Shield places Mirado bet on hold
Like most junior exploration companies which attempt to make the leap from explorer to successful mine operator, Golden Shield Resources is experiencing some growing pains. Exuberant at having pulled …
Underground operations planned at MacMillan-Granges prospect
A $4.5-million preliminary budget, including $2.5 million for an underground decline to the 820-ft level, for the balance of 1987 and up to June 30, 1988, has been established for the MacMillan Energy…
Toronto man wins gold prize
A Toronto resident has won 28 oz gold in the “Strike it Rich” contest staged this summer by Ontario Place’s Ontario North Now, in co- operation with the Ontario Mining Association. Winner of the gold,…
Jascan, Novamin report visible gold at Nova Scotia bet
Visible gold has been identified in eight of 11 holes logged to date at the joint-venture Dufferin mine gold property in Nova Scotia, Jascan Resources and Novamin Resources/ Breakwater Resources repor…
Lornex ups earnings
Lornex Mining Corp. realized net earnings of $26.8 million or $3.25 per share for the 9-month period ended Sept 30. During the same period last year, the company earned $20.1 million or $2.43 per shar…
News in Brief (November 09, 1987)
A merger which would see Royal Apex Silver become part of Coeur d’Alene Mines of Idaho, subject to shareholder and regulatory approval, has been announced. Holders of Royal Apex common stock would rec…