Curragh profit up in second quarter
Despite increased production at Curragh Resources’ (TSE) Faro lead-zinc mine in the Yukon, the Toronto-based company experienced a slight drop in profits during the first half of 1990. Curragh reporte…
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THE EDITORIAL PAGE Marketing Canadian expertise
A person could spend half his life attending conferences, seminars, symposia and other professional get-togethers that claim to offer special insights into an industry’s current state of affairs. Whil…
Firm zinc price lifts Brunswick earnings
Strong zinc prices helped boost the second-quarter earnings of Brunswick Mining and Smelting (TSE) by about 20% during the 3-month period ended June 30. Brunswick’s second-quarter net earnings improve…
Chase exploring two heap leach prospects
Junior company Chase Resources (VSE) will be exploring two past-producing properties in the Western U.S. for their potential to host large, heap leachable reserves that can be mined by open pit method…
FINANCING (July 30, 1990)
Cons Carina — 900,000 sold for gross $450,000. Kendra Gold — gross proceeds rec $300,000. Preston Res — 1,200,000 offered @ 50 cents per unit. Rinsey Mines — gross proceeds rec $292,500. Ascot Res…
U.S.REPORT RTZ trading on NYSE
London-based RTZ Corp. (NYSE), one of the world’s largest mining and metals companies, has recently listed its shares on the New York Stock Exchange under the symbol RTZ. The company, with nearly 50% …
Newhawk cuts more high grade at Sulphurets
Spectacular assay results over impressive widths are being reported by Newhawk Gold Mines (TSE) from a new precious metals discovery on its 60% owned Sulphurets property north of Stewart, B.C. The rem…
U.S. REPORT Nevada Goldfields pursuing Antioch
A letter of intent to acquire up to 100% of the outstanding shares of Antioch Resources of Spokane, Wash., has been signed by Nevada Goldfields (TSE). Terms of the share-exchange agreement and share-e…
Opawica, Minnova will go to court over Lac Shortt mine
A legal dispute over the Lac Shortt gold mine in northwestern Quebec will soon go to trial, according to Opawica Mines (TSE). Opawica will be battling for the proceeds of a 7.5% net profit royalty fro…
Copper-rich boulder train discovered at MacLeod Lake bet
Windy Mountain Explorations (COATS) has discovered a train of mineralized boulders stretching for 1.5 km across its MacLeod Lake property north of Chibougamau, Que. The boulder train, parallel to the …
Deak negotiating financing for Kerr mill modification
Financing of an ambitious scheme by Deak Resources (TSE) to mill gold and base metal ore at Virginiatown, Ont., could result in the company more than doubling its share capitalization by 1993. Shareho…
Placer Dome after Corona?
Speculation abounds that Canada’s largest gold producer Placer Dome (TSE) may be eyeing rival Corona (TSE) as a potential takeover candidate. Both companies have been making headlines lately as they b…