St. Joe Gold’s profit improves in fiscal 1986
St. Joe Gold reports net income of $7.9 million or 25 cents per share for the year ended Oct 31 compared with $5.3 million or 17 cents per share for the same period a year earlier. The company, a unit…
News
EDITORIAL More Mining
A readership survey recently conducted by our editorial staff gave us some very important indications about what you want from The Northern Miner Magazine. Whil e those of you who replied to the surve…
Roxmark drilling Magnet mine bet
Half of a 10,300-ft drill prorgam has been completed by Roxmark Mines on the company’s property near Geraldton, Ont. Located in Errington Twp., the property includes the old Magnet mine shaft and unde…
Abermin should benefit from Aberford/Encor merger
A merger between Aberford Resources and Encor Energy (formerly Dome Canada) is expected to benefit Vancouver-based Abermin Corp. According to Roger P. Taylor, Abermin president, the proposed merger wi…
Annual Coal Review 1987 COAL REPORT TECK CORP-BULLMOOSE
The Bullmoose multiple-seam open pit coal mine is near Tumbler Ridge in northeastern British Columbia. Metallurgical coal is sold to nine Japanese customers under 15-year contracts. The contracted qua…
Barrick subsidiary issues innovative gold-backed bond
A wholly-owned U.S. subsidiary of American Barrick Resources has launched a $50 million(US) gold- indexed Eurobond guaranteed by American Barrick. The notes allow the company to borrow money at a low …
SUPPLIER’S NOTES Sii Mining Equipment / Drillco Industrial Canada
Sii Mining Equipment Companies Canada was sold in December, 1986. The new company will be known as Drillco Industrial Canada and will be based in Sudbury, Ont.
The Graduating Class 1987 GOLD REPORT BOOTLEG
Remember the little Flin Flon Mines operation, just west of the Manitoba own after which it was named? It didn’t work out and wound up in receiver ship. Then last year a Regina-based oil company, Vist…
WHAT’S NEW All-terrain Carriers
Galva, Ill.-based ime is introducing a line of 4-wheel-drive, all-terrain vehicles. Features include: total Caterpillar drivetrain; diesel engine; vehicle capacities from 20,700-41,500 lb; loaded comp…
WHAT’S NEW Stainless Steel Knife Gate Valves
A new line of cast stainless steel knife gate valves has been introduced by De Zurik (Sartell, Minn.) for on-off and throttling application in the mining indus try. Available in 2- to 12-inch sizes, t…
New find at Tisdale project made by Getty, Davidson
Surface drilling on the S-zone at the Tisdale property held by Getty Resources and Davidson Tisdale Mines has intersected a new zone which could lead to an increase in reserves, the companies say. Loc…
WHAT’S NEW Loader Payload Monitor
Teledyne (Thornbury, Ont.) has introduced a microprocessor, payload measuring system for wheel-loaders. Called Loadrite, the unit is connected into the hydraulic lifting system of a loader and gives t…