People (November 17, 1986)
INTERNATIONAL IRON AND STEEL INSTITUTE — David M. Roderick elected chairman and chief executive officer succeeding Jan D. Hooglandt.
News
Mascot on target in B.C. converts part of financing
Work is progressing on schedule for the July, 1987, start-up of Mascot Gold Mines’ Nickel Plate open pit gold project, reports Chairman Peter Steen. The tailings dam is complete and the new power supp…
Belmoral, Broulan to set up new company
Belmoral Mines and Broulan Resources have signed an agreement giving Belmoral the right to option Broulan’s property at Timmins, Ont., by spending $200,000 before the end of November to produce an exp…
Geddes set for action at big Windy Craggy bet
The big but remote Windy Craggy copper-cobalt property of Geddes Resources in northwestern B.C. has attracted a lot of attention over the past few years but, so far, little money for development. That…
Potential gains overshadow risks in Hemlo lawsuit play
In Wallaceburg, a farming community of about 11,500 in southwestern Ontario where soybean futures are a favored investment, the stock market high rollers are playing the Lac Minerals and International…
Devran Petroleum
Vancouver-listed Devran Petroleum is about to expand its base of oil and gas operations in Ontario. Devran has received an option to buy all the Ontario oil and gas property interests of Onexco Oil an…
Jonpol drilling on Linton/Brydges bet
Drilling has started by Jonpol Explorations on its 100% optioned Linto and Brydges property in the Garrison Twp. area of Ontario. The property is located to the east of Jonpol’s Garrcon joint venture …
Report from Calgary: Calpine completes its sampling program
A trenching and detailed chip sampling program has been completed on the DD Zone, within the boundaries of the Eisler Lake claim blocks of Calpine Resources Inc. The property is located 90 miles north…
Additional drilling planned by Hector
An additional 1,000 ft of drilling is planned for Hector Resources American Flag property in Arizona. The drilling follows encouraging results acquired from a five hole program which tested sections o…
Agreement ended between Nucanolan and Echo Bay Mines
Nucanolan Resources announces that the working option agreement with Echo Bay Mines regarding the Kenora mining division property has been terminated. The agreement is dated Sept 13, 1985. The proper…
Big institutions behind Resource Capital Intl.
Take 45 of the largest financial institutions in the world, add almost $40 million in capital — loose change for the big players — and you get Resource Capital International (RCI). Bermuda-based in …
Brenda has loss in third quarter
Brenda Mines reports a third- quarter net loss of $2.8 million or 61 cents a share, on revenues of $11.6 million. The company reported a third-quarter loss last year of $3,076,000, but notes results f…