Montreal Exchange Amalgamation plan
News that two Hughes-Lang companies active in northwestern Quebec, the producing D’Or Val Mines and the soon-to-be-producing Perron Gold Mines, are planning to merge brought differing results. D’Or Va…
News that two Hughes-Lang companies active in northwestern Quebec, the producing D’Or Val Mines and the soon-to-be-producing Perron Gold Mines, are planning to merge brought differing results. D’Or Va…
Toronto-based HSK Minerals says it has gained a significant foothold in the thriving Mishibishu Lake area near Wawa, Ont., by acquiring a 100% working interest 52-claim mineral property. HSK says the …
Rio Algom has acquired control of the East Kemptville tin mine near Yarmouth, N.S. The mine was originally brought into production by Rio in late 1985 at a cost of $142.5 million. Rio operated the min…
The Golden Harker gold property located north of here has Lenora Explorations excited, so much so that President Robert Kasner is hoping to make a production decision by June of this year, The Norther…
Half a year ago Jascan Resources and Atlantic Goldfields each invested $3.5 million in order to earn a 45% interest in the Noxon silver-copper deposit in Montana (N.M., Feb 8/88). Now they’ve reached …
A $300,000 (US) drill program is planned on Queenstake Resources’ Argus gold project near Bakersfield, Calif. About 12,000 ft of drilling will be carried out in 1988 with the goal of bringing the Dave…
Net earnings in 1987, before unusual items, of $11.8 million were recorded by Brunswick Mining and Smelting compared to a loss last year of $6.9 million. After unusual items, earnings in 1987 totalled…
The leg of a rally appears to be developing, as equity markets enjoyed one of there best weeks in months. The prospect that interest rates are set to slide lower is a catalyst. Also, the combination o…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 1 Feb. 29 Feb. 26 Feb. 25 Feb. 24 Copper 1220-1222 1175-1180 1205-1210 1261-1263 124…
When final figures are in, they should verify that mineral exploration in British Columbia reached an all-time high in 1987. The high level of activity was prompted by continued strong interest in pre…
Recently listed for trading on the Montreal Exchange was Globex Mining Enterprises of Rouyn- Noranda, Que. (symbol gmx). The company, incorporated in 1949, has interests in two properties in northwest…
Government funding assistance for new developments should be conditional on meeting environmental standards, says a senior Inco executive. “There is no way that we should have the taxpayer’s money bei…
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