Vanvouver stock promoter Murray Pezim is spending $2.5 million to earn a slice of one of the most promising exploration properties in the Pickle Lake area of northwestern Ontario. Through Prime Capita…
The reason Opawica Explorations (TSE) has yet to receive a royalty payment from the producing Lac Shortt gold mine in northwestern Quebec is because there has been no royalty payable, Minnova Inc. (TS…
Quieter times seem to have settled into the various stock markets and the Montreal Exchange is no exception. Trading continues mixed. During the past week, both the market portfolio and mining and min…
Rio Algom’s Panel mine at Elliot Lake, Ont., has become the only North American mine in the world to hold a 5-star rating in the International Safety Rating System. The 5-star standing, announced by t…
The East Anglia Kemptville, N.S., tin mine is back on track, with improved recoveries and a daily milling capacity greater than originally planned, according to manager Ken W. Collison of the Rio Kemp…
Earnings during the first quarter of this year were $14.5 million (17 cents per share) compared with restated earnings of $2.3 million (3 cents per share) for the 2-month period ending March 31, 1987…
The search for deep sulphide deposits at Newmont Gold’s Deep Post prospect on the Carlin gold trend near Elko, Nev., will speed up this spring, the company said recently. In a bid to pull more record-…
Broulan — H. Grightmire bought 20,000 to hold 67,000. Chelsea Res. — Northgate Expl bought 200,000 to hold 1,300,000. Luxmar — R. Goyette sold 250,000 to hold nil. Northfield — M. Elder sold 10,00…
The Tax Reform proposals, when taken as a package, would have dealt a crippling blow to flow-through financing for junior mining companies: 1. The reduction in marginal tax rates would make any tax sh…
With the sale of a major interest in Golden Shield Resources (TSE), Kerr Addison Mines (TSE) has ended its association with the gold mine in Virginiatown, Ont., on which the company was built. Last ye…
Mineral exploration, by its very nature, is a difficult endeavor fraught with numerous risks — risks which all investors hopefully assess before buying shares. With so much risk to digest and weigh a…
At a time when takeover rumors and lawsuits have kept the major gold and metal producers in the headlines, it is almost refreshing to read about the prospects for one of the minnows of the mining worl…
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