News


Goldcorp value (September 15, 1986)

The net asset value per class A share of Goldcorp Investments as of the close of business Thursday, Sept 4 amounted to $10.32 . The closing market price on the Toronto Stock Exchange for that day was …


Hemlo study

Question on Hemlo. How best to deal with the human services, (housing, health, recreation, etc.) in the communities most affected by the Hemlo gold boom? To help the companies, the communities themsel…


Excellent progress at Lac’s Bousquet

With eight surface drills working on the eastern section of Lac Minerals’ Bousquet gold mine near Noranda Que., the activity level is not only high but it is also generating good results. A total of 1…


Inco increases ownership of Fort Knox

A deal has been made between Fort Knox Gold Resources and Inco Limited which will increase that latter’s control over the junior company and see a large gold property explored this fall. Fort Knox can…


Joint venture in B.C.

Goldcap Inc. has entered into a joint venture agreement with Noranda Exploration which will see Noranda perform exploration work on the Tommy Jack property near Prince George, B.C. Goldcap, which has …


HudBay and Outokumpu dealing on Namew Lake

A letter of intent has been signed between Hudson Bay Mining and Outokumpu Mines, which if concluded, will establish a joint venture partnership commited to exploring and developing Hudson Bay’s Namew…


Cobalt price leaps

The price of cobalt, which has been tumbling since the beginning of the year when it was about $11(US) a pound, climbed to their its highest price since June when it topped $7 this week. Production in…


New gold zone at B.Y.G. bet

A new gold zone has been discovered on B.Y.G. Natural Resources’ Mt. Nansen property 37 miles west of Carmacks, Yukon. The property is 100% owned by the company and is under option to Chevron Minerals…


Editorial Gold mining boom is a godsend

Gold mining is now the brightest, most profitable and fastest growin g segment of the North American mining industry. And the price of the metal, which has been unusually strong in recent weeks, still…


News in Brief (September 15, 1986)

Abermin Corp. says it has an agreement for the private placement of 1,092,076 shares, at $1.27 per share, subject to regulatory approval.


Amer. Oakwood and Lacana drilling Toodoggone claims

Drill results are expected shortly from an exploration program being conducted by Lacana Mining Corp and American Oakwood Energy in the Toodoggone area of B.C. Murphy Oil is also a partner in the prop…


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