News



Cominco earmarks $1.4 million on Normetal property

In a bid to discover new zinc orebodies in eastern Canada, Cominco (TSE) will spend nearly $1.4 million over the next year to probe the Normetal zinc-copper property of Exploration Miniere Normetal (M…


Cambior boosts earnings, output

Increased revenue, earnings and gold production were reported by Cambior (TSE) for the third quarter and first nine months of 1990. The company attributed the rise in net earnings mainly to increased …


Toronto Stock Exchange Indices (November 19, 1990)

Nov. 13 Nov. 12 Nov. 9 Nov. 8 Nov. 7 HIGH LOW Composite “300” 3135.08 3119.97 3077.42 3060.55 3071.14 4009.47 3009.91 Metals & Minerals 2593.85 2587.88 2523.81 2492.87 2502.63 3453.06 2502.63 Integrat…


Corona income drops despite higher output

A substantial decline in interest, investment and other income led to a 19% drop in third-quarter earnings for Corona (TSE). Net income for the quarter was $12.3 million (6 cents per share) compared w…


U.S. REPORT BMR expects reserve expansion

As a US$5-million, 2-year exploration program gets under way at the American Mine gold project in San Bernardino Cty., Calif., BMR Gold (ASE) is confident that its new partner, Nerco (NYSE), will be a…



Pouliot `under siege’ as mines minister

Ontario’s newly appointed mines minister says he is placed on the defence during a recent interview with The Northern Miner. “I am under siege,” jokes Gilles Pouliot, 48 — a feeling that may be inevi…



Waddy enhances high-grade potential of Komis deposit

Additional drill results from the Komis gold deposit in northern Saskatchewan suggest that Waddy Lake Resources (TSE) has correctly interpreted the orientation of the mineralization. The company compl…



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