Gold production of 200,000 oz in 1988 is projected by Cambior Inc., which recently gained control of Sullivan Mines. Quebec-based Cambior, which was formed about 15 months ago, increased its ownership…
Toronto-based Dickenson Mines has acquired 9.8% of the outstanding shares of Wharf Resources of Calgary. On Oct 16, Dickenson purchased 942,000 shares and then on Oct 26 increased its holdings to a co…
The world’s largest and richest uranium deposit took another step closer to production. Cigar Lake Mining Corp., which owns the Cigar Lake project in northern Saskatchewan, says that environmental app…
An agreement has been reached between Maufort Resources and Ressources Minerales DeMontigny whereby the latter may increase its interest to 50% in the Siscoe- extension property in northwestern Quebec…
The slide on the Toronto Stock Exchange continued, whipsawing investors with violent swings as it declined. The shortlived rally of Oct 21 was obliterated by three days of losses which wiped out anoth…
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…
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…
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…
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…
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…
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…
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…
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