A swarm of prospectors, stakers, merchants and promoters have invaded the Larder Lake district of Ontario where Canada’s latest gold boom has been precipitated by sudden disclosure of important ore on…
Toronto’s three precious metals funds stood up well to the ups and downs of gold prices. The goldbugs were having a field day late last summer when the price of gold popped up through the $440(US) mar…
There was good news — and a little bad news — in Finance Ministe r Michael Wilson’s recent budget, at least as far as the mining industry is concerned. The good news of course is that flow-through f…
Cleyo Resources, which is performing exploration on several properties in Ontario, traded at a new high of $2.90. The issue closed at $2.80-$2.90. Chance Mining & Exploration was also active, trading …
Encouraging gold values have been received by partners Noranda Inc., Stan West Mining Corp. and Canacord Resources from their DeSantis mine property, southwest of Timmins, Ont. A first-phase $1.5-mill…
Although budgets for some programs are still in the discussion stage, the 1987 planning for companies lying within the Muscocho Explorations umbrella calls for exploration outlays totalling about $33 …
About $15 million will be spent by Cambior Inc. this year, exploring for mineable gold deposits in northwestern Quebec and an additional $13 million has been committed by the company’s various joint v…
Exploration expenditures for 1987 are budgeted at $11.5 million as Canamax’s share on five key gold projects and grassroots exploration projects in three provinces and both territories. In central Can…
The cream of Canada’s gold producers will be on hand for the 1987 Gold Conference held March 2-3 in New York. Among companies making presentations at the conference will be Dome Mines, Echo Bay Mines,…
Eldorado Nuclear — L. George Bonar elected chairman of the board and chief executive officer.
It may not be the safest investment, but more money is going into the ground this year in Canada than ever before as investors look for a return in the form of new-found mineral wealth. The odds, as a…
Still more encouraging assays have been received from the Howard tunnel under development on Levon Resources’ Congress gold property, near Gold Bridge, B.C., the company says. It reports high grade go…
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