Ste-Genevieve to get interest in Quebec bet
Ste-Genevieve Resources reports it has entered into an agreement with the Norex (60%)-Cambior (40%) joint venture to acquire a 30% participating interest in the Waite- Camac base metal property stradd…
Articles by Northern Miner Staff
Mazarin makes major move into Labrador trough area
The Labrador trough area of northeastern Quebec has long been the subject of mineral exploration with some notable successes, but to the west of that regional geological feature exploration has been n…
Control of United going to Europeans
Control of United Mining Corp. could pass to a European group following the completion of a deal between United and a U.S.-based company, El Dorado Gold Mines. Under the terms of the agreement, United…
Sherritt writes off Ruttan copper mine
Due to depressed base metal prices, Sherritt Gordon Mines is writing off $24.6 million, which represents the carrying value of the company’s Ruttan mine in Manitoba. At present prices, Sherritt says t…
Nevada Goldfields contracts for new mill
A contract has been let for the construction of a 500-ton-per-day carbon-in-leach mill facility by Nevada Goldfields Corp. The mill is expected to start processing ore from Nevada’s Kingston mine in N…
Montreal Exchange Yorbeau trades heavily
The most active issue on the Montreal Exchange this short holiday week was Yorbeau Resources, unchanged at 70 cents on 425,600 shares. Company officials said they knew of no reason why the stock had …
Vancouver Stock Exchange Indecision keynote for year-end
The end of a calendar year and the beginning of a new one are generally indecisive times for stock markets, Vancouver being no exception. Trading activity has been slow with Tangent Oil and Gas and Sk…
Toronto Stock Exchange Golds strong as market bids 1986 a firm
The market ends the year on a firm and upbeat note, despite the quiet post-Christmas trading. At noon the widely-followed composite 300 was up 3.15 pts to 3048.28, a 5% improvement over the 2,900.60- …
Problem-plagued deposit purchased by Aussie firm
Claiming a coup, East West Minerals N.L., an Australian-based junior mining company, has purchased the Caribou base metals deposit located 30 miles west of Bathurst, N.B. The deposit was purchased for…
COATS Trading Features (January 05, 1987)
Edda Resources was one of the few gainers in the holiday-shortened trading week. The issue added 3 cents to 45 cents . Edda is still working on getting listed on the Alberta Stock Exchange. Goldteck …
Mastt results on B.C. gold bet
Preliminary assay results have been reported by Mastt Resources from two drill holes on the company’s mineral claims in the Quesnel mining division of British Columbia. Hole No. 9 returned intersectio…
Rio to manage tin project for Kemptville bank group
The East Kemptville tin project will continue to be managed by Rio Algom on behalf of the East Kemptville Tin Corp., which is owned by the banking group that provided financing for the project. The Ea…