Giant workers vote on new contract
A first attempt by Giant Yellowknife Mines to reach a new contract agreement with members of the Timmins, Ont. steelworkers union, looks set to fail. With a Dec 31 deadline approaching, the company do…
News
Toronto Stock Exchange The year ends on an uninspiring note
A free-falling U.S. dollar, without a parachute in sight, provided the only real action in financial circles this week. In yen terms, the buck dived to 123.7 — a post-war record low. The dollar crisi…
News in Brief (January 04, 1988)
Streamside Resources has changed its name to Ring Sights Worldwide Inc. (rsw:ase) on a 1-new-for- 5-old share basis.
CIM meetings in ’88
The following are meetings to be held this year by the Canadian Institute of Mining and Metallurgy (cim): Jan 19-21, Ottawa, 20th annual operators conference of the Canadian Mineral Processors divisio…
Goldpost extending Hislop West decline
The second stage of underground development is well under way at the Hislop West gold project in the Larder Lake area of northern Ontario, Goldpost Resources reports. The company is hoping to extend t…
Conquest intersects Braminco shear zone (January 04, 1988)
Conquest Yellowknife Resources is coming up with some lively intersections in current drilling on its Leeson Twp. gold property in the Missanabie area. Significantly, these lie within what is known as…
Orbite confident of zone discovery
Geologists of Orbite Exploration in Quebec are confident assay results from the first drill holes on gold property in Privat and Launay Twps., between LaSarre and Amos in northwestern Quebec, will con…
Mazarin, Vior drill 26 holes
Twenty-six short holes, representing 3,935 ft, on five gold showings were drilled this past summer by Mazarin Inc. and Vior Inc. at their Scheffergold property located near Schefferville, Que. Among t…
Penway seeks financing for Canada/U.S. projects
Alberta-listed Penway Explorers is currently negotiating a flow- through financing agreement to raise $1 million for exploration at its Labrador Trough property near Schefferville, Que. The Toronto co…
Golden Range drilling on 3 properties
A total of 25,275 ft of drilling has been completed on three of the 11 properties held by Golden Range Resources under an agreement with Mingold Resources, Golden Range reports. At the Manson Bay prop…
Findore options Newfield claims
Findore Minerals has optioned five patented claims from Newfield Mines. Located in Garrison Twp., near Matheson, Ont., the claims can be acquired by Findore after the company makes payments of $250,00…
Dividend Briefs (January 04, 1988)
Ranchmen’s Resources has declared a quarterly dividend of 12.5 cents on its class A shares payable Dec 29 to shareholders of record Dec 14. The last quarterly dividend of 12.5 cents was last paid Jan…