Hudson Bay picks up steam
Hudson Bay Mining and Smelting moved well into the black in the first half this year, thanks primarily to higher production and sales volume for both copper and zinc. In the second quarter, the compan…
News
Steel consumption may drop 3% this year, OECD reports
Total steel consumption may decline by 3% this year among oecd- member countries, the Paris-based Organization for Economic Co- operation and Development reports in The Steel Market in 1986 and the Ou…
Amir buys control of Arizona Star
A 36% interest of Vancouver-based Arizona Star Resource was recentl y acquired by Amir Mines. The latter purchased 1.2 million shares for $864,000. In addition, Amir acquired a one-year option to purc…
Hemisphere busy with four projects
Exploration programs are under way on four properties controlled by Hemisphere Development. In the Courageous Lake area, N.W.T., the company is drilling sections of a 14-km-long property which adjoins…
Three drills are working on Westmin-Nexus bet
Three diamond drills are working at the Debbie property on Vancouver Island, a joint venture between Westmin Resources, Nexus Resources and Angle Resources. A $2-million program is under way on the 24…
Surveys under way at Samarkand bet
Detailed geological surveys are under way on the Roman property of Samarkand Resources on the British Columbia-Yukon border, the company reports. It says rock samples from the property have assayed up…
COATS Trading Features (August 24, 1987)
Grandad Resources continued its winning streak on the COATS system trading more than 600,000 shares for the week. The issue hit a new high of $2.15 before settling back. Last week, the company announc…
First Exploration Fund goes public under new name
The 2,534 investors who bought units of First Exploration Fund last year are now the proud shareholders of Equity Preservation Corp. Trading publicly for the first time this week on the Montreal, Toro…
THE EDITORIAL PAGE Tax reform no friend to entrepreneurs
The reality of Finance Minister Michael Wilson’s long-vaunted proposed overhaul of the whole federal tax system, with its promise of simplicity, fairness and “revenue neutral” is starting to hit home….
Investment Comment Surprise gold makes Battle Mtn. a bet
For investors wishing to add the shares of a low-cost U.S. gold producer to their portfolios, London- based Barclays de Zoete Wedd is recommending Battle Mountain Gold. Trading on the Toronto Stock Ex…
Ramp started at Moss Twp.
Work has begun on a ramp at the Moss Twp. gold property in northwestern Ontario being explored by Storimin Exploration and Tandem Resources. The ramp will give access to planned exploration drifts at …
Agnico shaft first in years in the Cobalt silver camp
To develop what is probably the most significant and exciting silver discovery in the Cobalt area in 35 years, Agnico-Eagle Mines is putting down a 1,200-ft production shaft on its Langis project in H…