Aunore completes financing
Financing required for the balance of this year’s exploration program has been completed, says Quebec-based Aunore Resources. A private placement agreement has been concluded which will provide $1.242…
Articles by Northern Miner Staff
Maclan Exploration has changed its name to Can-Mac Exploration Ltd.
share-for-share basis.
Editorial: Publicize mining industry research
While the whole nation celebrated its first Nobel Prize in 15 years, there were rumblings recently of cutbacks at the National Research Council, one of the main advocates of science and technology in …
Fast Blackdome payback shows mine’s strength
Bigger is not necessarily better. Very few gold mines in this country have been able to pay a dividend within the first year of production. And few indeed will show net earnings of 29 cents per share…
Alberta Stock Exchange: Drilling spurs Briar
Wednesday close, Nov 5 Gold issues led the pack on the Alberta Stock Exchange this week. News that Newmont Explorations has intersected strongly altered volcanics spiced with sulphides on Golden Briar…
Editorial: Democrat-led Senate not good news
Passing of Senate control to the Democrats in the U.S. elections doe s not augur well for Canada’s free trade initiatives in general, nor for free trade as it will affect the Canadian mining industry …
Jetta Resources has changed its name to Security Environmental
on a basis of 1 new for 2 old shares and is seeking regulatory approval to merge with a California corporation of the same name.
Zenmac suing Cominco over offer to buy Vestgron shares
Zenmac Zinc has issued a statement of claim against Cominco Ltd. alleging that Cominco did not tender its 62.5% interest in Vestgron Mines into the Zenmac offer of 65 cents per share for all the shar…
Production in 1987 seen by Blue River
Blue River Mines says it expects to start production and sales next year at the B. C. calcite deposit it has optioned from Ekaton Industries. Blue River says mapping and sampling have confirmed previo…
Average yield (November 10, 1986)
The average yield on mining stocks on the Toronto Stock Exchange as compiled by Moss, Lawson and Co. on prices of Oct 24 were up 0.05% at 1.93%. Last month this group yielded 1.88%, while one year ago…
Suncor exploration
Suncor has completed an exploration program on Treasure Island Resources’ Spider Lake property in the Northwest Territories. The property is located in the Indin Lake greenstone belt and the company d…
News in Brief (November 10, 1986)
The shares of Summit Resources were posted for trading on the Toronto Stock Exchange on Oct 29. The company is involved in the exploration, production and development of petroleum and natural gas rese…