1988

Ronrico Explorations (VSE) of Toronto has announced a private placement to finance exploration at the company’s Simkar project at Val d’Or, Que. After spending $7 million, Ronrico holds a 50% interest…

Robex Resources (ME) has signed an agreement, in principle, with Maufort Resources (ME) which allows Robex to buy back up to 13% of its capital share and up to 21% of the capital share of its sister c…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug 93.40 93.40 93.45 — 0.55 Sep 94.95 92.30 …

Minnesota’s department of Natural Resources is in the final stages of assembling the list of lands and mineral rights that will be offered at the 1988 state metallic minerals lease sale. The date of t…

In a bid to turn Whim Creek Consolidated (TSE) into an international mining concern, Peter McAleer spends much of his time on board aeroplanes which take him to properties in Australia, the United Sta…

Golden North Resources — John S. Godfrey appointed chairman of the board; Paul F. Saxton, president; Anthony Tam, treasurer; Eunice E. Davies, assistant secretary.

Increased production, an improved gold grade and lower operating costs at the Cannon Mine in Washington State all joined forces to make a better bottom line for Breakwater Resources (TSE) during the f…

Normetal Mining Exploration (ME) and affiliate company La Sarre Mining Exploration (ME) have delineated several blocks of reserves on the former producing Normetal polymetallic mine near La Sarre, Que…

Net earnings of $20.9 million or 26c a share were reported by Teck Corporation (TSE) for the quarter ended June 30, 1988, up from $9.5 million or 11c a share in the comparable period a year earlier. R…

A quiet week on the Montreal Exchange saw most resource issues lose ground with junior issues suffering the most from the lack of interest in the market. An indication of the weaker interest in junior…

Some good assay results from the Turquetil property in the Northwest Territories made Noble Peak Resources a standout on an otherwise lacklustre trading session. The Noble Peak issue gained 25 cents …

Canada’s world renown expertise in mineral exploration technology, which has aided in numerous international mineral discoveries, is becoming even more accessible to developing nations. Through the Ca…