Golden Terrace has two drills set for program
Two drill rigs have been mobilized to carry out 30,000 ft of diamond drilling in stage 2 work on the gold project of Golden Terrace Resources at Richardson Lake, some 70 miles east of Red Lake, Ont. T…
News
Toronto Stock Exchange Higher rates fueling downward correction
There’s nothing quite like a major market correction for knocking the euphoric wind out investors. These are nervous and tense days indeed, which have witnessed a 120-pt five day losing streak gain st…
Ferris, associates selling shares in Kewagama Gold
A deal has been struck by A. N. Ferris, president of Kewagama Gold Mines and related parties, whereby they will sell to a numbered company, 731559 Ontario Ltd., 1.4 million shares (representing more t…
Editorial Here’s to you, jack-of-all-trades
The days of specialty labor jobs in the mining industry are fast coming to an end. In today’s dynamic underground working environment, the “jack-of-all-trades” is in high demand. The multi-skilled min…
Queries The Insider Trading report
I have been a reader of your paper for many years and wish to commend you on its format and informative content. I am particularly interested in the Insider Trading column. Are these listed insider …
Battle Mountain stock offering
To increase its working capital and provide financing for corporate purposes including possible acquisitions, Battle Mountain Gold has announced a three-for-two stock split through a stock dividend. U…
Dollar uppermost in basket plan, forecaster says
The recent proposal by U.S. Treasury Secretary James Baker to link world currencies and a basket of commodities, including gold, has more to do with stabilizing the troubled U.S. dollar than remonetiz…
Ateba to explore Beardmore mine
Milling operations have started on the surface rock dumps at Ateba Mines’ Beardmore gold properties near Thunder Bay, Ont. To provide more mill feed for expanded milling operations at the Pan- Empire …
Automakers will stick with steel
In the year 2000, steel will remain the main material worldwide for automobiles, a spokesman for German steel producer Thyssen recently told the annual conference of the International Iron and Steel I…
Cathedral Gold’s properties previously held by Imperial
Several advanced-stage gold projects formerly held by Imperial Metals have been spun off into a separate company called Cathedral Gold Corp. (N.M., Aug 3/87). The new precious metals entity is now tra…
COATS Trading Features (October 19, 1987)
Good volume was the characteristic of Frankfield Exoplorations this week, which helped move the issue to 48 cents . New interests are moving into the picture with new financing and a new property. It …
Delaware/Cominco venture said a hot play in B.C.
British investors have apparently developed an insatiable appetite for gold properties in the Iskut River area of northwestern B.C. This time it’s the snip property of Cominco and Delaware Resources w…