Cornelius Campbell
Cornelius J. Campbell, a well- known prospector in northern Quebec since the 1930s, died in Rouyn- Noranda Feb 12, at the age of 84. During his long career in the exploration industry, “Con” Campbell …
News
earnings Reports
Malartic Hygrade (TSE) reports net earnings for the year ended Dec 31 of $743,430 or 20 cents on revenue of $1.41 million. For the same period a year earlier the company reported net earnings of $2 m…
United Lincoln tests depth, gold potential at Mt. Milligan
Assay results were released for four recent holes drilled on the Mt. Milligan gold/ copper project near MacKenzie, B.C. United Lincoln Resources (VSE) is operator and owns 70% while partner BP Resourc…
Rochester options Nevada bet to Billiton
Vancouver-based Rochester Minerals (VSE) has granted Billiton Minerals USA an option to earn a 70% interest in its Cherry Creek property located 60 miles north of Ely, Nev. Billiton Minerals is a unit…
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 …
Metal Prices FREE MARKET London Metal Exchange (February 27, 1989)
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 21 Feb 20 Feb 17 Feb 16 Feb 15 Copper 1728-1730 1693-1695 1650.5-1652.5 1665-…
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…
Franco-Nevada to diversify after arranging gold loan
In an unusual move for a royalty company, Franco-Nevada Mining (TSE) has announced a 25,000-oz gold loan. Through its wholly-owned U.S. subsidiary, Franco-Nevada has negotiated the 5-year gold loan wi…
Acadia drilling
Acadia Mineral Ventures (TSE) has started a diamond drilling program on its Vermilion Lake gold property near Sioux Lookout, Ont. The drill program will test several geophysical anomalies outlined by …
Control of Westfield sold to Bronfman group outpost
Like sister company Northgate Exploration (TSE), Toronto-based Westfield Minerals (TSE) recently became part of a huge network that is controlled by the Bronfman- owned Hees International Bancorp. Tha…
Atlantic Report Nova Scotia operations reduced
Twelve months ago, drill rigs were at a premium in Nova Scotia as companies rushed to qualify flow-through expenditures for the 1987 tax year. This February, you could count the number of drills opera…
Coeur D’Alene has record year
Even with lower metal prices, 1988 was the best year in Coeur D’Alene Mines (Amex) history, according to the company’s president, Dennis Wheeler. Net inco me was $15.4 million(US) or $1.45 per share…