Earnings Reporty
Brunswick Mining and Smelting (TSE) reports net earning for the fourth quarter of $14.83 million or 41 cents per share. For the same period a year earlier the company reported net earnings of $7.8 mi…
News
Dore Norbaska in Mexico
Encouraging drill results have been received by Dore Norbaska Resources (TSE) from the company’s gold property in Sonora, Mexico. Dore holds its interest in the project via a 49% equity interest in No…
Spot prices at a glance Price Week’s ($US) Change($) Gold Silver
Courtesy of Scotiabank. Information above believed to be from reliable ** ** sources, but not guaranteed by Scotiabank or The Northern Miner. ** *London A.M. Fix, per oz. **LME settlement, per lb. -Gr…
Metal Prices FUTURES PRICES (February 27, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb137.00 133.50 137.00 + 11.20 Mar134.80 129.00 134.50 + 10.70 Apr125.50 125.50 13…
Pacific Minesearch completes program on Michaud project
After completing an 8-hole, 5,250-ft diamond drill program on the Michaud project near Matheson, Ont., Pacific Minesearch (VSE) intends to continue work on the Ontario gold project in 1989. The compan…
Province to study industrial minerals industry
A ministerial review committee will study ways to stimulate production and export of Ontario’s industrial minerals, mines minister Sean Conway announced recently. Mike Brown, MPP for Algoma- Manitouli…
Denison shifts emphasis back to uranium mining
Denison Mines (TSE) is casting a bullish vote for uranium — the mineral upon which the diversified mining and energy company was built. In a major redirection, Dension plans to sell its large oil and…
Montreal Exchange Graphite gets attention
Early assay results indicating a rich graphite find in Quebec, near the town of Fermont and the Labrador border, have placed the spotlight on Mazarin Inc., which is in the midst of a winter drilling p…
Early assay results indicate rich Mazarin graphite deposit
A winter drilling program in the Fermont area of Quebec by Mazarin Inc. (TSE) has uncovered a rich flake graphite deposit. First assays indicate an average grade at the Lac Knife main zone of 16.8% gr…
People (February 27, 1989)
MAGMA COPPER CO. — Judd R. Cool and Simon D. Strauss elected to the board of directors bringing the total number of directors to 11. * *…
Stratmin financing for graphite mill
A financing worth $14.5 million has been concluded by Stratmin Inc. (ME) for the company’s graphite project at St-Aime-du-Lac-des-Iles, Que. Through a wholly-owned subsidiary, Stratmin has arranged a …
Corona’s bid `inadequate,’ Dickenson seeks other offers
The boards of directors of Dickenson Mines (TSE) and associated company Kam-Kotia Mines (TSE) are recommending against takeover offers of the companies by Corona Corp. (TSE). Both Dickenson and Kam-Ko…