News


Breakwater earnings increase

Increased production, an improved gold grade and lower operating costs at the Cannon Mine in Washington State all joined forces to make a better bottom line for Breakwater Resources (TSE) during the f…



Hemlo Gold Boosts Teck Earnings

Net earnings of $20.9 million or 26c a share were reported by Teck Corporation (TSE) for the quarter ended June 30, 1988, up from $9.5 million or 11c a share in the comparable period a year earlier. R…


Montreal Exchange Orex gains ground

A quiet week on the Montreal Exchange saw most resource issues lose ground with junior issues suffering the most from the lack of interest in the market. An indication of the weaker interest in junior…


Alberta Stock Exchange Aug 17 Noble Peak moves up

Some good assay results from the Turquetil property in the Northwest Territories made Noble Peak Resources a standout on an otherwise lacklustre trading session. The Noble Peak issue gained 25 cents …


Can. Centre for Geoscience Training

Canada’s world renown expertise in mineral exploration technology, which has aided in numerous international mineral discoveries, is becoming even more accessible to developing nations. Through the Ca…



Vancouver Stock Exchange Low market liquidity

When your broker insists the market is “bottoming out” and the dailies carry stories about brokers having to drive to work in their Volkswagen “bug” instead of a Porsche you just know things are getti…


Cdn United results encourage

The latest drill program on the Fireweed property near Smithers, B.C. is continuing to extend a high grade mineralized horizon, officials of Canadian- United Minerals (VSE) report. Robert Holland, exp…


Golden Rose mine blamed for Noramco Mng. losses

Losses reported on Noramco Mining’s (TSE) balance sheet during the first six months of 1988 were due largely to problems at the Golden Rose mine west of Thunder Bay, Ont., the company announced recent…


New discovery for new issue

Drilling should begin in September on a new gold discovery near Lac La Hache, B.C. Trenching on the Miracle Claims, 28 km north of the town, held by newly-listed G.W.R. Resources of Vancouver, has ret…


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