Yet another Canadian mining company has entered the search for graphite. Quebec-based junior Mazarin Inc. (TSE) plans to spend almost $1.1 million between now and next May exploring for graphite, as w…
Bitech — J. Wade bought 25,000 (Oct, private) to hold 1,100,416. First Can Gold — J. Hahn sold 1,000,000 (Sept) to hold 41,413. Flagship — Moss Res sold 300,000 (Sept, private) to hold nil. Franco-…
Thomas Meyer wants someday to be a mine manager and Craig Bournes wants to study rock mechanics. The two second- year students at the University of Toronto will likely attain those goals and the minin…
Maxim Pellack’s doubters may have been legion, but that didn’t dissuade him from his belief that Prince Albert, 150 km north of here, and better known for its wheat fields, was in fact diamond country…
Magma Copper reports a third quarter 1988 net income of $12.3 million (U.S.), or 32 per common share. This compares to a net loss of $5.1 million for the third quarter of 1987. Total revenue for the …
Week’s Price (US) Change Gold (per oz) $419.50 + $ 7.00 Silver (per oz) $ 6.41 + $ 0.06 Platinum (per oz)$582.00 + $ 9.00 Copper (per lb) $ 1.51 — $ 0.02 Lead (pe…
A $420 million(US) expansion program at its Carlin, Nev., operations is paying off for Newmont Mining’s 90% owned subsidiary Newmont Gold. Net income for the first nine months of 1988 increased to $7…
Two weeks after being grilled by several holders of Acadia Mineral Ventures (TSE) stock at that company’s annual meeting (N.M., Oct 24/88), President Donald Smith was back in the hot seat — this time…
A diamond drill with greater depth capacity is being moved into the Eskay Creek project of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) 60 air miles north of Stewart, B.C. A satellite…
Toronto-based Euro-Nevada Mining (TSE) has acquired a 2 % net smelter royalty on a Hemlo, Ont., property which may host deep extensions of two of Canada’s biggest gold mines. Owned by a Calgary compan…
A $1-million exploration program was recently completed on the Willa property in southwestern British Columbia by operator, Northair Mines (TSE). The company now has a 77% interest in the gold project…
After selling 41,850 oz gold from its mine in southwestern Newfoundland, Hope Brook Gold (TSE) reported net income of $2.8 million or 10 per share during the first nine months of 1988. Revenues for t…
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