With earnings and revenue up again for the third straight quarter, another record year may be shaping up for Rio Algom. For the nine months ended Sept 30 the company saw its net earnings increase by n…
When control of Joutel Resources passed to the trio of John Arnold, Hugh Harbinson and Charles Page this past summer, the three vowed to make the company an active mining concern. And by indications s…
Drilling on the No 5 diorite plug on Teck Corp.’s Lamaque gold property near Val d’Or, Que., is yielding encouraging values. Tundra Gold Mines, which has the right to earn a 50% interest in a portion …
Wednesday close, Nov 5 Gold issues led the pack on the Alberta Stock Exchange this week. News that Newmont Explorations has intersected strongly altered volcanics spiced with sulphides on Golden Briar…
Volume and value in COATS trading are continuing at higher than expected levels according to statistics released by the Ontario Securities Commission. The total value of COATS trading from its incepti…
Wednesday close, Nov 5 The golds were behind the wheel and helped steer the market out of last week’s doldrums. Over the week, the gold and silver index made a gain of over 200 pts to settle at 5,211….
After enjoying the fruits of success Down Under, another Australian mining group has set its acquisitive gaze on other lands — namely North America. Golconda N.L., which is currently producing approx…
A $250,000 exploration program is under way by Marker Resources on itst recently-acquired gold properties in the Flin Flon area of Manitoba, President Gordon Barron tells The Northern Miner. The two p…
Noranda Minerals has declared force majeure on shipments from its Horne smelter at Rouyn, Que., after unionized workers went on strike Nov 5. The employees had given the CNTU a mandate to strike after…
Strong gold prices are cited as the main reason behind the marked improvement in profitability at Sullivan Mines. During the first nine months of 1986, the company’s average selling price was $501.48 …
Belmoral Mines reports net income of $259,000 or 1 cents per shares in the third quarter of 1986,the first profit recorded by the company in the past three years. For the same period a year earlier th…
the hangingwall on its Lucky Jack claim on the Cambourne property have returned values of 20.81% lead, 0.15% zinc, 0.069 oz gold and 16.53 oz silver per ton. Assays from five 10-ft drill holes have re…
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