Southam buys The Northern Miner
The Southam Business Information and Communications Group Inc. and Mr Richard Pearce have announced that Southam has purchased The Northern Miner weekly newspaper and other publications, along with No…
News
Minig exploration
Mining exploration in Quebec received a boost this past summer from a base metal play in the Val d’Or camp known traditionally for its gold deposits. Other highlights of the province’s active explorat…
Waswanipi Crees form own company
The Waswanipi Crees of northern Quebec have become a player in the mining industry. The Indian band, from the province’s Chibougamau area, has set up its own mining company, Cree Exploration. Presiden…
Placer Dome options Dufresnoy property
A letter of intent has been signed between Dufresnoy Inc. (ME) and Placer Dome (TSE) whereby the latter may earn a 50% interest in the former’s New Bidlamaque Union Mining property just east of Val d’…
Stratabound Minerals
There aren’t too many juniors who are fortunate enough to be in the position that Stratabound Minerals (ASE) is in at the moment. The Calgary-based company is sitting with a 210,000-ton zinc-lead- sil…
Cameco, Claude deal
Cameco has signed an agreement with Claude Resources (TSE), giving it the right to earn a 70% interest in Claude’s diamond prospects in Saskatchewan. The 97,000-acre property near Prince Albert covers…
Alberta Stock Exchange Bonanza find
As junior exploration companies geared up this week for the fall exploration season, share prices tended to reflect investor hopes for projects offering some degree of promise. News that the drills ar…
Alberta’s Surface mining lab to close June, 1990
The federal government is going ahead with plans to close the Surface Mining Laboratory (SML) in Devon, Alta. The plan, to be completed by June 30, 1990, will put 12 employees out of work. Nine of the…
Books Futures trading has changed since crash
The fourth edition of Trading on Canadian Futures Markets by John Hore takes a look at changes to the futures industry since the Black Monday stock market collapse of October, 1987. The author, vice- …
Golden Cres./Placer Dome drills to start at Border
A 4,800-ft, phase-one drill program is expected to begin this month on the Border group of claims which Golden Crescent Resources (ASE) has optioned from Placer Dome (TSE). Situated on the Quebec/Onta…
Lower metal prices drag commodity index
Falling metal prices contributed to a lower all-commodity price index in September, Scotiabank reports. The over-all index fell 1.86% from August, which was down slightly from July. The metals and min…
Pine Channel wraps up sampling program
Preliminary exploration results from a lead-zinc-silver property in Saskatchewan have been reported by Pine Channel Gold (VSE). The company recently completed a program of surface sampling and trenc…