Shareholders of Errington Industrial Enterprises have approved the
company’s acquisition of the Stairs gold prospect near Matachewan, Ont. The company’s name has also been changed to Goldteck Mines.
Articles by Northern Miner Staff
Golds boost profit at Sullivan Mines
Strong gold prices are cited as the main reason behind the marked improvement in profitability at Sullivan Mines. During the first nine months of 1986, the company’s average selling price was $501.48 …
Falco Copper caps red ink and moves on Winston Lake
Progress is on target for full production in early 1988 at the rich zinc orebody at Winston Lake, near Schreiber, northwestern Ontario, John Carrington, vice-president operations of Corporation Falcon…
Uranium markets in flux: Producers wary of U.S. protectionists
Western Canadian uranium producers are keeping a close eye on developments in the U.S. market where protectionist sentiments threaten to hurt them more than any other uranium producers in the world. T…
Westfield pleased with Tartan values
Anomalous gold values have been detected by a surface prospecting program completed by Westfield Minerals on the company’s optioned gold property near Tartan Lake, Man. Located 10 km east of Flin Flon…
Colorado group plans gold seminar
A three part seminar entitled Finding Gold will be presented in Denver, Colo., from Feb 9-11, 1987. Offered in co-operation with the Colorado Mining Association, the seminar was developed by Stanley W…
Vancouver Stock Exchange: Brisk trading and respectable gains
Wednesday close, Nov 5 Despite some uncertainty over gold prices, trading activity continues to be brisk and many stocks posted respectable gains over our market week. Flow-through financings have ten…
Shares of MFC Mining Finance Corp. were posted for trading on the
Stock Exchange on Oct 30. Based in Toronto, the company owns directly and indirectly 50.34% of the issued capital of Blackdome Mining Corp., which recently completed construction of a $10-million mini…
Minefinders Corp. extends gold zone on East Group bet
Drilling on Minefinders Corp.’s East Group property in northwestern Quebec’s Dubuisson Twp has extended the strike length of the gold-bearing shear zone discovered earlier in the year. Recent results …
Big jump in reserve figures at McNellen/Muscocho bet
McNellen Resources reports a nearly 60% increase in the calculated reserve figure for its jointly- owned Magino gold project, about 60 miles east of Hemlo, Ont. Muscocho Explorations is McNellen’s 50/…
Over the Counter Trading Features (November 10, 1986)
Platinum fever has finally spread to COATS-traded issues. Boston Bay Mines, which controls a 90% interest in the Lac des Iles platinum- palladium deposit north of Thunder Bay, Ont., was strong at $4.2…
The shares of Resource Capital International started trading on
Stock Exchange on Monday, Nov 3, under the stock symbol RC. There are 3,530,000 shares issued and outstanding. Based in Bermuda, the company invests in the securities of resource issuers, primarily in…