Maxim Pellack’s doubters may have been legion, but that didn’t dissuade him from his belief that Prince Albert, 150 km north of here, and better known for its wheat fields, was in fact diamond country…
A cease trade order was issued by the OSC this week against Carolin Mines for failure to file financial statements. Carolin closed in the 60 to 70 range when trading was stopped. The company has been…
Metals Week’s second lead-zinc conference will be held on March 6-7, 1989 at The Pointe at Squaw Peak in Phoenix, Az. For more information contact Mary Ann Whalen at (212) 512-2823.
Magma Copper reports a third quarter 1988 net income of $12.3 million (U.S.), or 32 per common share. This compares to a net loss of $5.1 million for the third quarter of 1987. Total revenue for the …
Noront Resources (VSE), recently reactivated with strong financial backing as the exploration arm of Central Crude (VSE), is spreading its wings. Although not yet finalized, the company has reached an…
A gold property with known reserves near Snow Lake, Manitoba has caught the interest of BHP-Utah Mines, an indirectly held subsidiary of Broken Hill Proprietary of Australia. Formerly known as Utah Mi…
Toronto-based International Platinum Corp. (TSE) has optioned more platinum properties in the United States. The first is a 47-claim property covering some 2.9 miles of the layered Picket Pin reef loc…
Stronger copper and molybdenum prices were responsible for improved earnings at Brenda Mines (TSE). The Noranda-controlled company, which operates a copper/ molybdenum mine in British Columbia, realiz…
A slight slump in the the price of gold has done nothing to dampen enthusiasm for some of the companies who are currently out looking for the precious metal. While the price of gold dropped $2.25(US) …
Assembling a land position in the United States is sometimes tougher than delineating an orebody, especially when property ownership is fragmented. This was the case with Golden Queen Mining (VSE) whi…
An Australian junior appears to be leading a swing by junior companies back into developing base metals properties. East West Minerals, of New South Wales, trading in Sydney at about $1.60(A), this we…
Recently exercising its option to purchase 250,000 shares of Crown Butte Resources (VSE) at $2.40 per share was Noranda Inc., which now owns 18.4% of the former. Earlie thi year Norand acquire …
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