Companies honored for reclamation programs
Five British Columbia companies were honored for their reclamation programs at the mine reclamation symposium held earlier this month in Vernon, B.C. “These awards recognize first- class research, inn…
News
Corona successful in Avalon offer
An offer to purchase all of the outstanding common and preferred shares of Avalon Corp. has resulted in Corona Corp. (TSE) obtaining majority ownership of the North American oil and gas company. Coron…
Promotion a necessary part of attracting investors’ interest
Public interest is often necessary before any junior mining stock becomes active, but how do promoters achieve such interest? Creating public interest in a junior firm hinges on keeping speculators an…
New discovery needed to revive intestors’ interest
How the juniors long for 1987. Mid-1987 to be exact. At that time, the gold boom was reaching its peak and junior exploration companies on every Canadian exchange were enjoying an unprecedented period…
Hislop gold project encourages Stroud
Deep drilling by partners Stroud Resources (TSE) and Chevron Minerals on the former Gunnar Gold Mines property in Hislop Twp., Ont., has led to a new geological reserve estimate for the Creek zone. St…
Toronto Stock Exchange Rich copper find sparks buying of Aur,
There’s nothing quite like a hot drill hole to ignite a market stampede. This popular mining adage was reaffirmed this week by the mad rush to get a piece of Aur Resources and Louvem Mining — until j…
Metal Prices FUTURES PRICES (June 19, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jun 108.80 108.80 108.85 + 2.35 Jul 111.70 108.80 109.40 + 2.10 S…
Successful Exploration Requires Skill and Luck
From a speech by Donald W. Kohls, vice-president and chief consulting geologist of Gold Fields Mining Corp., to the American Mining Congress Mining Convention ’88 in Denver, Colo. Successful explorati…
COATS MacDonald moves up
The shares of MacDonald Mines Exploration moved up 10 cents this week to close at 35 cents . The company is hoping to see production resume later this year at its West MacDonald zinc mine in Dufresnoy…
Letters to the Editor Mining Association’s environmental policy
The main editorial of your recent issue (June 5/89) entitled “Passing grades for environmental policy,” gave The Mining Association of Canada (MAC) a B for its new environmental policy. Although we wo…
`Dirt-pile’ swindles under investigation
The U.S. Bureau of Mines is a well-known prospector of that nation’s mineral supplies. But recently, the bureau has been involved in protecting the American public from what has been dubbed the “Fool’…
Lytton in conflict
A proposal to consolidate its shares and change its name is in conflict with the rules of The Toronto Stock Exchange, Lytton Minerals (TSE) has learned. The proposal, if accepted by shareholders, woul…