Alberta Exchange: smaller is better?
It may be the least visible of the four Canadian exchanges, but for junior mining companies trading on the Alberta Stock Exchange, smaller can sometimes be better. Free from the red tape and bureaucra…
News
Cominco Resources reports high grade
Drilling at the Sheep Creek copper property of Cominco Resources International (TSE) and BHP-Utah International near Helena, Mont., has intersected high grade copper mineralization over a significant …
Hot spots are Flin Flon, Snow Lake
As indicated by the number of companies clustered around the Snow Lake area northwest of Lake Winnipeg, in Manitoba there is only one place to be. While government records show that eight other explor…
Amax lacks reserves but shares touted by London analysts
In a recent appraisal of Amax Gold (TSE), London, England- based Barclays de Zoete Wedd says the company suffers from one major problem — it is very short of reserves. While Amax’s Sleeper mine in Ne…
Ateba leads production comeback in Geraldton-Beardmore aream
Although there have as yet been no major new discoveries in the Geraldton-Beardmore area, there are a number of new developments taking place that hold promise of renewed gold production from that fam…
Pacific Trans-Ocean predicts higher gold output at Ketza
Mill feed at the Ketza River gold project of Canamax Resources (TSE) and Pacific Trans-Ocean Resources (TSE) near Ross River, Yukon, could include refractory sulphide ores in 1991, one of the partners…
Juniors team with seniors
Following the stock market crash of 1987, a flurry of dealing has characterized the Canadian mining industry. Junior explorers, hurt by the market crash, low share prices and rarely beneficiaries of a…
Crown expects Kettle and Key properties will produce gold
With production expected from its Kettle and Key properties in Ferry Cty., Wash., in the next few years, Denver-based Crown Resource Corp. (NASDAQ) could be profitable by 1990, says Mark E. Jones, pre…
Open pit operation to begin in 1989 at Sikaman’s Bogosu
A large open pit operation is expected to get under way late next year at the Bogosu concession in Ghana, West Africa, where a consortium led by Toronto-based Sikaman Gold Resources (TSE), is in the e…
Queries Exchange is unable to trace Noranda Gold
I recently invested in Noranda Gold Resources through Crown Securities of Costa Rica. I was wondering if you could provide me with information concerning the quality of Noranda Gold and the efficiency…
Ecudor financing (June 13, 1988)
More than $400,000 was raised recently by Ecudor Inc. of Rouyn- Noranda, Que., through a private placement of shares and warrants with the president of the company, Serge Sejourne. The placement compr…
Fortunes change hands based on monthly numbers
It had been a relatively quiet market for some time and bullion traders at Shearson Lehman Hutton were awaiting the release by the U.S. government of the consumer price index (CPI) for April. Earlier …