Brenda quits oil, seeks other interests
It’s probably safe to say the demise of Brenda Mines (TSE) has been greatly exaggerated. The low grade copper producer near Peachland, B.C., has endured two mine closures in recent years and it only r…
Articles by Northern Miner Staff
News in Brief (May 23, 1988)
Argo Development has changed its transfer agent to Guaranty Trust Co.
Seminar on ground control at Laurentian University
A professional development seminar on rock mass failures in hard rock mining will be held June 1-3 at Laurentian University, Sudbury, Ont. The seminar will run in conjunction with a Canadian mining an…
Echo Bay earnings
Net earnings of $10.9 million(US), or 11 cents per share, were reported by Echo Bay Mines (TSE) for the first quarter of 1988, compared with $8.1 million, or 9 cents per share, for the same period la…
Queries Kodiak no longer at Copperkettle Creek
It is my understanding that there is a lot of prospecting going on in the Copperkettle Creek area near Greenwood, B.C. As a former shareholder in Kodiak Minerals, I would like to know whether Kodiak…
Belmoral Mines looks ahead to improved gold output
Although Belmoral Mines (TSE) had record earnings in 1987, both income and production were lower than expected. The company continues to look ahead, and is projecting gold output of 97,000 oz in 1990….
Investment comment TVX offers exposure to S. America
While car manufacturers and high tech specialists look to Japan and the Far East for innovation and higher productivity, precious metal mining companies, regard South America as the new land of opport…
Malartic Hygrade looking to boost gold production
Aiming to increase its annual gold production to the 100,000-oz level, Malartic Hygrade Gold Mines (Canada) (VSE) is looking to acquire mines at or near production, says President Marc Henderson. Hend…
Steel’s short-term outlook favorable
The short-term outlook for steel appears favorable. The International Iron and Steel Institute forecasts demand for crude steel in 1988 will reach 764 million tonnes, 10 million tonnes above last year…
Inco setting up a separate division for specialty powders
Inco Ltd. (TSE) reports it has set up a separate business unit to manage and develop operations related to a series of nickel powders and other powder products. The new unit, to be known as Inco speci…
Equity Silver moves solidly into the black
Moving solidly into the black this quarter was Equity Silver Mines (TSE) which posted a profit of $1.1 million or 3 cents per share compared to a loss of $1.7 million or 7 cents per share last year. …
Cove bid pays off for Echo Bay
There is obviously an element of luck in whether or not a deposit turns out to be large. But only if a company is out there rolling the dice does it stand a chance of winning big. At the McCoy/Cove go…