Queries How to evaluate mining companies
Could you provide me with some possible sources of information on the relationship between a mining company’s mineral deposit and the company stock price. I would also like some information on how to …
News
Australian firm plans share stake in Canadian United
An Australian company, Balmoral Resources, will be taking a share position in Vancouver-based Canadian United Minerals, which ultimately could lead to full control. The agreement, which calls for Balm…
Oasis, Messeguay earning interest in Joubi property
An option to acquire a 49% interest in the Joubi property at Val d’Or, Que., has been obtained by Oasis Resources and Messeguay Mines from Western Quebec Mines. The agreement, subject to regulatory ap…
Abermin underground program at Lara to cost $1.7 million -2 col 24
A major underground program is scheduled early next year at Abermin Corp.’s Lara property on Vancouver Island. The decline will explore the high grade Coronation zone “prior to final feasibility and a…
New find at Platinova’s Marmora wollastonite bet
Toronto-based Platinova Resources has received some encouraging news from its wollastonite project at Marmora Twp., 100 km northwest of Kingston, Ont. According to Platinova, joint- venture partner Co…
Joutel seeks a listing on Paris Bourse
Joutel Resources, a Toronto- based junior exploration company, has started proceedings towards a listing on the Paris Bourse, one of Europe’s leading stock exchanges. Officers of the company are in Pa…
United Reef busy on several fronts
Progress is reported by United Reef Petroleums on four gold projects, three in Ontario, one in Montana. On its Alder Gulch project in Montana’s Virginia City area, the company says 23 trenches have be…
Central Crude encouraged by Eagle River results
Central Crude of Toronto has released results of preliminary work at the company’s 118-claim Eagle River project in the Mishibishu Lake area, 40 miles southeast of Hemlo, Ont. The claims were optioned…
Montreal Exchange Week of the plunge
With panic-selling sweeping world markets this week, investors on the Montreal Exchange could hardly be expected to react differently. Down almost 168 pt (9.5%) on “black Monday” and 99.2 pt (6.2%) th…
J.A.G. options Belleterre bet
An agreement has been signed by J.A.G. Mines and Halex Resources under which Halex may acquire up to 60% of the former’s Belleterre property in northwestern Quebec by spending not less than $3 million…
News in Brief (October 19, 1987)
Ekaton Industries reports it has raised $2,040,000 through sale of 1.2 million shares of Ekaton, at $1.70 per share, to Tap Mineral Management. Ekaton says the funds will be expended on the company’s …
Books (October 19, 1987)
Minerals Handbook 1986-87, compiled by Phillip Crowson, Economic Adviser, Rio Tinto Zinc Corp. Statistics and Analysis of the World’s Mineral Industries. 300 pages, hardcover. ISBN 0-935859-00-4, $90…