News



Cyanide producers expanding to meet growing market

New North American plant capacity for the production of cyanide, the sodium and calcium variety, is in the works. Both E.I. du Pont (sodium) in the United States and Cyanamid Canada Inc. (calcium) hav…



John Hansuld – 1988’s Mining Man of the Year

In an industry where the brightest geologists often go unrewarded with even one major discovery, the development of a gold mine is considered an achievement not to be taken lightly. So when a junior r…



Northgate, MSV in financing deal

Northgate Exploration (TSE) has agreed to provide MSV Resources (ME) with a financing package totalling $6.5 million. This includes a $5.2-million bridge facility which must be paid back by April 30, …


Genesee Coal mine opens in Alberta

Fording Coal Limited has officially opened the Genesee Coal mine ahead of schedule and under budget. Located 55 km south-west of Edmonton, Alta., the Genesee Coal mine forms part of the Genesee Power …


VSE tightens listing requirements

Companies seeking a listing on the Vancouver Stock Exchan ge will now have to meet tougher original listing requirements, particularly for the financing of non-natural resource ventures. The new requi…


Can-Mac, Glen Auden assay results

Encouraging surface gold showings have been assayed by partners Can-Mac Exploration (VSE) and Glen Auden Resources (TSE) on their Topboot Lake property south of Timmins, Ont. Located in the Swayze are…


COATS Trading Features (December 26, 1988)

Recently revived Young-Shannon Gold Mines has arranged a private placement of flow-through shares in the amount of $300,000 at $1.00 per share to fund work on its gold property in Chester Twp., north …


Pamorex placement raises $3.5 million

Shareholders of Pamorex Minerals (TSE) recently gave their approval, at a special meeting, to a private placement with Giant Yellowknife Mines (TSE) involving about 4.8 million shares at $0.726 per sh…


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