COATS Trading Features (January 04, 1988)
Several issues showed some life on the coats system this week. Lucas Gold traded up to $1.30 on thin volume. The company, which has an option to acquire a gold property in Lucas Twp. north of Timmins,…
Articles by Northern Miner Staff
Gold conference
The Randol Gold Forum ’88 is scheduled to take place Jan 23-24 at Scottsdale, Ariz. Among the invited speakers are members of a delegation from the Peoples Republic of China who will talk on the subje…
Kam Creed, Cuvier deal
An agreement in principle has been reached between Cuvier Mines and Kam Creed Mines which, if completed, will see both companies merged. Subject to a fairness opinion and regulatory and shareholder ap…
Coniagas placement
A private placement involving the sale of 300,000 previously unissued shares of Anglo Dominion Gold Exploration to Coniagas Mines at 90 cents per share has been completed, Coniagas reports. Coniagas …
Giant workers vote on new contract
A first attempt by Giant Yellowknife Mines to reach a new contract agreement with members of the Timmins, Ont. steelworkers union, looks set to fail. With a Dec 31 deadline approaching, the company do…
Kewagama board change
A new board of directors has been named for Kewagama Gold Mines (Quebec) Ltd., following a change in control of the company from the A. N. Ferris group. Headed by Norman E. Brewster, president, the ne…
Toronto Stock Exchange The year ends on an uninspiring note
A free-falling U.S. dollar, without a parachute in sight, provided the only real action in financial circles this week. In yen terms, the buck dived to 123.7 — a post-war record low. The dollar crisi…
News in Brief (January 04, 1988)
Streamside Resources has changed its name to Ring Sights Worldwide Inc. (rsw:ase) on a 1-new-for- 5-old share basis.
CIM meetings in ’88
The following are meetings to be held this year by the Canadian Institute of Mining and Metallurgy (cim): Jan 19-21, Ottawa, 20th annual operators conference of the Canadian Mineral Processors divisio…
Goldpost extending Hislop West decline
The second stage of underground development is well under way at the Hislop West gold project in the Larder Lake area of northern Ontario, Goldpost Resources reports. The company is hoping to extend t…
Conquest intersects Braminco shear zone (January 04, 1988)
Conquest Yellowknife Resources is coming up with some lively intersections in current drilling on its Leeson Twp. gold property in the Missanabie area. Significantly, these lie within what is known as…
Orbite confident of zone discovery
Geologists of Orbite Exploration in Quebec are confident assay results from the first drill holes on gold property in Privat and Launay Twps., between LaSarre and Amos in northwestern Quebec, will con…