There can be little doubt that flow-through financing has facilitated the discovery of several significant gold deposits in Canada. But when a company, particularly a small operator, decides to mine o…
The Northern Miner, now moving into its 72nd year of publication, is a venerable institution, but not an old one. It is not old, that is, in its outlook and attitudes. It is for instance keeping up wi…
Issues on the COATS over-the- counter system were generally listless, with many trading downward. Matt Berry Mines gave up some ground to 35 cents -40 cents . The company, which controls a gold proper…
MIDLAND ENERGY CORP. — David A. Hutton appointed to the board of directors.
An initial ore reserve figure of 7.8 million tons grading an average of 0.187 oz gold per ton has been established by Lac Minerals from a new zone near the eastern boundary of its Bousquet property in…
Excessive debt is being cited once again as the reason behind losses at Eldorado Nuclear Ltd. The big uranium miner and nuclear fuels manufacturer reported a loss of $12.7 million on revenues of $69.7…
Jilbey Industries says diamond drilling and other work, including an IP survey, is under way on its 16-claim property in Duverny Twp. near Amos, Que., with Bay Resources and Services as operator. Jilb…
Sunrise Metals has acquired a block of mineral leases, subject to a 3% royalty and cash option payments, adjacent to Seabright Resources’ Beaverdam gold discovery in Nova Scotia. Sunrise has also acqu…
Tundra Gold Mines has reached an agreement with NIM and Co. Limited Partnership — 1987 which will provide Tundra with $2.6 million. The cash will be provided on a flow-through share basis. Tundra wil…
An auction of collectible stock certificates will be held on Feb 18 in Montreal. Organized by Micheline Masse, president of Stock Market Information Service, the auction will include many old and valu…
Records were broken with a vengeance on the Toronto Stock Exchange with investors trading a greater dollar value and a greater volume of shares in 1986 than ever before. Dollar value traded rose to $6…
BP Canada Inc. has filed a preliminary prospectus for an offering in Canada of 3,000,000 common shares at a price of $36.625 per share. The underwriters for the issue are Wood Gundy Inc. and McLeod Yo…
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