Battle Mountain earnings up
Low production costs and increased gold sales were responsible for a third-quarter earnings increase of 26% compared with last year’s result s, Battle Mountain Gold (TSE) says. Third quarter net incom…
1988
Editorial (November 07, 1988)
A cabinet shuffle not long ago at the federal level eliminated the position of mines minister. If it is, as we hope, only a temporary situation and a new Member of Parliament is to be named to the pos…
Calpine cuts 96 ft of 0.7 oz gold
A significant new gold discovery has been made north of Stewart, B.C., by Calpine Resources (VSE), an affiliate of Vancouver-based Prime Capital. The property is 100%-owned by Consolidated Stikine S…
Copper and potash sectors boost Rio Algom earnings
Toronto-based Rio Algom (TSE) is continuing to benefit financially from a favorable economy and the performance of 68.8%-owned copper producing subsidiary Lornex Mining Corp. (VSE). After reporting im…
PDAC seeks new members
A membership drive is under way by the Prospectors and Developers Association of Canada (PDAC). Established in 1932, the PDAC currently boasts an individual and corporate membership of more than 4,200…
FUTURES PRICES Metal Prices (November 07, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Nov 148.50 147.50 148.40 — Dec 144.30 138.00 141.90 + 7.50 Mar 121.00 116.30 119.40 — …
Letters to the Editor Geological grads better equiped
I have pondered for several years the potential role of mining geologists in rock mechanics/strata control aspects of mining, and agree with the comment in your editorial (N.M., Oct 17/88. “Rock mecha…
Obituary Colonel Kippen
Colonel Eric Douglas Bruce Kippen, O.B.E., died suddenly on Oct 22. He was 95. Colonel Kippen served in France in World War I, was commissioned in 1916, wounded and taken prisoner in the Battle of Cam…
News in Brief (November 07, 1988)
Kam Creed Mines has amalgamated with its wholly-owned subsidiary Cuvier Mines Inc. Cuvier shareholders receive one Kam share for each two Cuvier shares.
Study finds new uses for Ontario industrial minerals
Some of Ontario’s industrial minerals could find new uses as substitutes for foreign-produced materials in the manufacture of china tableware, a recent study has concluded. The study, entitled Fine Ch…
Doron plans more drilling for Caribou Creek project
A winter diamond drill program is being organized by Doron Explorations (VSE) to continue testing a high grade gold-bearing quartz vein discovered in a recent exploration program on its Caribou Creek …
HudBay reports lower earnings
Third-quarter net earnings of $2.1 million(C) on revenue of $88.6 million were reported by Hudson Bay Mining & Smelting (TSE) compared with $13.5 million on revenue of $80.2 million for the same perio…