Ounces up at Dickenson’s Red Lake Mine
Toronto-based Dickenson Mines (TSE) has reported increased gold production from its Red Lake mine during the third quarter. Gold production at the Arthur White Mine for the first nine months of this y…
1988
Gold is the driving force in Newfoundland exploration
Gold continues to be the main driving force behind record levels of exploration activity being seen in Newfoundland this year. Several new and exciting gold plays have been stimulating the province’s …
Lornex boosts earnings
Unaudited net earnings of $44.2 million ($5.35 per share) for the first nine months of 1988 were recorded by Lornex Mining (VSE), compared with $26.8 million ($3.25 per share) for the same period last…
Cominco earns $128 million
This is proving to be a record year for base metal producers, particularly Cominco Ltd. (TSE). For the nine month period ended Sept 30, consolidated earnings were $128.3 million before including an ex…
Base metal miners show good earnings
Led by Inco, which reported net earnings of $200-million(US) in the 3-month period ended September 30, third-quarter results for base metal mining companies are showing excellent performances. Recentl…
Queries 1958 shares
I have some old share certificates for the Consolidated Mining and Smelting Company of Canada, which my late husband purchased in 1958. I am trying to settle the estate and would like to know where I …
Letters to the Editor Dan Willans’ case may never be solved
I was extremely interested in the article of Oct 10/88, regarding the disappearance of Dan Willans, but first will give you some information as to how this association came about. My parents moved to …
LaFosse Platinum acquires options (October 31, 1988)
La Fosse Platinum (TSE) has acquired an option on two properties in Quebec. The first was optioned from Kangeld Resources (VSE) which made a polymetallic d iscovery last summer. The Kangeld ground h…
Coeur d’Alene
The president of Coeur d’Alene Mines is bullish on silver. Dennis Wheeler told a New Orleans investment conference recently that he was optimistic “several fundamental factors will lead to higher silv…
Letters to the Editor Centres of excellence bandwagon
I have noted with interest your editorial and recent correspondence which has appeared about “Centres of Excellence” in The Northern Miner. Frankly, a bandwagon approach is being taken about the centr…
Brunswick earnings
Net earnings from operations of $6.76 million (19 per share) were reported by Brunswick Mining and Smelting (TSE) for the third-quarter of 1988 compared with $17,000 for the same period last year. Val…
Forbex-Cambior deal
Close to earning a 50% interest in the Stadacona-East property near Rouyn-Noranda, Que., from Forbex Inc., (ME) is Cambior Inc. (TSE). Under an agreement signed in June, 1987, Cambior earned the right…