Giant Yellowknife to retreat tailings
Work on the retreatment of mine tailings at its Yellowknife location in the Northwest Territories will proceed, says Toronto-listed Giant Yellowknife Mines. Highlights of a recent directors meeting in…
Articles by Northern Miner Staff
Cinola deposit on Queen Charlotts could produce 160,000 oz by 1989
Reno Calobrigo sells salami and cheese in Vancouver. Late last year he was also president of Consolidated Cinola, a Vancouver and nasdaq-listed exploration company which now, under a new name City Res…
Market action in February more hair-raising than ever
Just when investors thought trading on the Toronto Stock Exchange had gone about as high as it could judging by the hair-curling action in January, along come the preliminary figures from February to …
Chesbar extends ramp at Chester Twp. play
With an application made for listing on the Toronto Stock Exchange, Chesbar Resources is making progress on both the financial and exploration fronts. The company, which now trades on the Montreal Exc…
Funding settled
Marshall Minerals of Newmarket, Ont., and First Exploration Fund 1987 and Co., Ltd. Partnership have concluded a series of agreements whereby First Exploration will provide up to $20.6 million in flow…
Major talc deposit found in Quebec’s eastern twps.
Asbestos miners in Thetford Mines may soon have a new mine in their unemployment-stricken area of Quebec’s eastern townships. Carey Canada Inc., which shut down its asbestos mine in the area, has disc…
Jascan scoops Colorado bet
Another big U.S. company, U.S. Borax & Chemical Corp., has decided to get out of the mining business. In a deal scheduled to be closed this month, Jascan Resources Inc., a Toronto-based junior, has ag…
Could hear a muffled roar in commodity prices, Bird says
“Low inflation and high real interest rates are not the stuff commodity price increases are made of,” Anthony Bird, an independent economic consultant, told members of a gold conference in London, Eng…
COATS Trading Features (March 16, 1987)
Seaway Base Metals, which had its “cease and desist” order lifted by the Ontario Securities Commission, began trading Monday and closed the week at 40-45 cents on a volume of 61,100 shares. National …
News in briefs (March 16, 1987)
Morrison Petroleums has declared a stock dividend of one common share of Morrison Minerals for each common share held, payable Mar 23 to shareholders of record Mar 20.
Metal Prices Futures Prices N.Y. Commodity Exchange
Week’s High Low Close Change COPPER (in US cents per lb.) March 63.50 62.75 63.45 + 0.55 May 63.45 62.70 63.40 + 0.5…
50,000 initially Granges, Abermin getting up steam on Manitoba’s
Construction work on surface facilities continues uninterrupted as underground development nears the Main zone deposit at Granges Exploration’s Tartan Lake project near Flin Flon, Man. The drive into …