News

In the market for new feed for its Alberta nickel refinery is Sherritt Gordon (TSE). The company’s nickel concentrate purchase contract with Inco Ltd. (TSE) is set to expire at the end of 1989 and Inc…

Here’s a curious piece of information. U.S. mining men, it seems, are more fired up about technology transfer than are Canadian miners. Six months ago two international mining journals, published in…

Utah-based Gold Standard Inc. which is challenging American Barrick Resources’ (TSE) right to own the Mercur gold mine has announced a $2.25-million financing agreement with FCMI Financial Corp. of To…

Magma Copper reports net income of $11.7 million(US) or $0.31 per common share on revenue of $136.2 million during the second quarter of 1988 compared with $7.5 million, which contained a pension sett…

Things are mighty slow in Vancouver and the short-term prognosis suggests more of the same. Interest rate fears, lower gold prices, and month-end selling are all contributing to the depressed market c…

Now that summer has come to northwestern British Columbia bringing with it long days and a snow-free countryside, Newhawk Gold Mines (TSE) has made surface work part of its Phase II program now under …

In addition to an interest in four producing mines Anyox Metals (ASE), a junior mining-exploration- development company in the J. P. Sheridan fold, will be working on as many as 20 properties this yea…

Since 1982, I have accumulated more than 30,000 shares of Cusac Industries. At a time when Cusac wasn’t making any money, I paid from $1.25 to over $3.50 for the shares. Now that the company is maki…

I was interested in an inside “highlights” item at the top of page 1 of your June 13 issue, which read; “Yesterdays — In the early 1900s Cobalt was the place to be.” How about “Dome Mines?” If one ha…

Assuming the demand for nickel remains strong for the remainder of this year and well into 1989, and that the catching-up process by producers has some way to run until supply overtakes demand, intern…

Mining is a risky business, right? And the men (or women) who are the leaders and the risk-takers are frequently under a lot of pressure as they weigh the various factors involved in finding and devel…

With two joint venture agreements arranged, junior mining firm Power Explorations (TSE) is looking to negotiate similar deals with other mining companies to bring its various properties in northwester…