Lac looks beyond Canada’s boundaries for gold
If you become as successful as LAC Minerals (TSE) in developing gold properties in Canada, it seems only natural to try to apply your expertise to projects in other parts of the world. LAC, which prod…
News
Mining deaths hit record low in 1988
1988 has set a new record low for mining fatalities ever recorded in the United States says the Mine Safety and Health Administration (MSHA) recently. A total of 100 mine fatalities in 1988 is a decli…
Alberta Stock Exchange Pezim moves in
The appearance of Murray Pezim’s International Viking Resources on the Alberta Stock Exchange seemed to have shaken the market out of is recent lethargy. During Viking’s first week of trading, volumes…
Mining plans postponed at Goldex’s Dubuisson
Toronto-based Goldex Mines (TSE) will continue to play wait and see with its Dubuisson Twp. property near Val d’Or, Que. After spending $13.4 million since 1985 on surface and underground exploration,…
COATS Trading Features (January 30, 1989)
Chance Mining was active again this week, trading 127,000 shares in the 59 cents -76 cents range. The company retains a 10% net profits interest in property owned by Falconbridge Ltd nearby the Timmi…
Nevada gold mine forms foundation for Barrick
A pivotal year in the life of American Barrick Resources (TSE) got under way recently when the Toronto gold producer tabled its development plans for the Goldstrike mine in Nevada. After producing 115…
CAMECO
For 9-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $1,500 N.A. Long-term debt $737 N.A. Revenue $500 N.A. Earnings (loss) $7…
Teeshin stake in Redstone
Teeshin Resources (VSE) has signed a letter of intent with Timmins Nickel, a private company, giving it the right to buy 3.5% of Timmins’ interest in the Redstone nickel deposit. Located near Timmins,…
Mineable reserves up 50% at Neptune’s Colomac bet
Neptune Resources’ (TSE) huge Colomac gold project has just got bigger. Results of a 45,000-ft infill drilling program has enabled the company to announce a 50%-reserve increase at the Northwest Terri…
PDAC convention set for March 5-8
Organizers of the 57th annual convention of the Prospectors and Developers Association of Canada (PDAC) are bracing themselves for another successful get-together this year. More than 4,000 delegates …
Survey results
The New Brunswick Department of Natural Resources & Energy has released the results of a till geochemistry survey conducted over the central part of the Miramichi Zone in the northern part of the prov…
Ontex completes financing, continues suit against Metalore
Ontex Resources (ASE) has completed a $603,000 private placement financing representing the issuance of 900,000 common shares at 67 cents per share. The proceeds from the financing will be used for ge…