News

Teck set to reopen Newfoundland Zinc

With zinc prices firming at the 40 cents (US) per pound range, Teck Corp is said to be planning to reopen the Newfoundland Zinc zinc mine at Daniel’s Harbor, Nfld. Production at the mine, 63% owned by…


Gunner gets option on Sweany claims

An option agreement has been signed between Sweany Gold Corp. and Gu nner Gold which gives the latter company the right to earn a 75% interest in Sweany’s Beardmore, Ont., area gold prospects. Gunner …


Farboro buys two properties, plans financing

Farboro Resources has acquired two properties in northwestern Quebec, the Desboues property covering about 370 ha about 60 km northeast ofLaSarre and the Barry property between Senneterre and Chibouga…


Behre Dolbear

Behre Dolbear & Co., a New York-based minerals industry consulting f irm and a subsidiary of Great Horn Mining, has merged with another minerals consulting firm, Riverside Associates, also of New York…



Query Golden Hope not pure gold playr

I purchased Golden Hope stock at $3 per share. Do you expect the sha re price to eventually rise? J.A., Belleville, Ont. Of course, all investors hope that the price of any shares they purchased will …



Exploration in high gear for Imperial Metals Corp.y.

Exploration has moved into high gear, says Imperial Metals Corp. Cha irman Hugh C. Morris in a first quarter report to shareholders. Drilling is scheduled for the Cunningham Creek and Takla projects i…



Energex correction

A page one story in last week’s issue on Energex Minerals incorrectly stated the company had a 1986 budget of $24 million for exploration on its large land position. That figure should have read $2.4 …



Net earnings up for Mentor Expl.

For the 6-month period ended June 30, Mentor Exploration and Develop ment realized net earnings of $1.26 million, or 36 cents a share. That’s a significant increase from the $479,055 or 13 cents a sh…