1987

First-quarter profit greets Queenston shareholders

A first-quarter net income of $120,000 (1 cents per share) has been recorded by Queenston Gold Mines, compared with a loss of $94,000 (1 cents per share) for the same period in 1986. The company show…




Metal Prices PRODUCER PRICES (June 08, 1987)

ALUMINUM: MW U.S. Market 70.00 cents -72.50 cents per lb. (May 28, 1987). ANTIMONY: New York dealer $1.18-$1.23 per lb. (May 14, 1987). BISMUTH: New York dealer $3.30-$3.40 per lb. (May 28, 1987). CAD…


Vista results

Regina-based Vista Mines has released more assay results from Phase I of the diamond drill program conducted on its Bootleg Lake gold property earlier this spring. Phase I consisted of over 12,500 ft …


Delbridge decides to drill DeSantis

The first hole on the DeSantis property in Turnbull Twp., near Timmins should be drilled in two weeks, according to Robert Onotsky, president of property owners Delbridge Mines. The company has decide…


Price gains, lower costs impel Dome group profit

It was a banner first quarter in 1987 for the Dome Mines group of gold-producing companies. On a consolidated basis, Dome reports net income for the period of $17,126,000, or 19 cents a share, compar…



MAPAO awards given

The Mines Accident Prevention Association Ontario has presented its first Awards of Excellence for outstanding safety achievements in four sectors of the province’s mining industry — underground mine…



Alberta Stock Exchange Stable trading phase

A majority of issues were listless traders this week, as gold prices behaved erratically. One of the most intriguing movers was Jerome Gold Mines, a generally inactive company. The issue closed at a n…


13 Stelco locals ratify contract

Thirteen of the 15 locals at Stelco Inc. have ratified a new 3-year contract. Included in that total is the key Hilton local in Hamilton. One local, in Burlington, was voting at presstime. The Parkdal…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close