Alberta Stock Exchange Bonanza find
As junior exploration companies geared up this week for the fall exploration season, share prices tended to reflect investor hopes for projects offering some degree of promise. News that the drills ar…
News
Alberta’s Surface mining lab to close June, 1990
The federal government is going ahead with plans to close the Surface Mining Laboratory (SML) in Devon, Alta. The plan, to be completed by June 30, 1990, will put 12 employees out of work. Nine of the…
Books Futures trading has changed since crash
The fourth edition of Trading on Canadian Futures Markets by John Hore takes a look at changes to the futures industry since the Black Monday stock market collapse of October, 1987. The author, vice- …
Golden Cres./Placer Dome drills to start at Border
A 4,800-ft, phase-one drill program is expected to begin this month on the Border group of claims which Golden Crescent Resources (ASE) has optioned from Placer Dome (TSE). Situated on the Quebec/Onta…
Lower metal prices drag commodity index
Falling metal prices contributed to a lower all-commodity price index in September, Scotiabank reports. The over-all index fell 1.86% from August, which was down slightly from July. The metals and min…
Pine Channel wraps up sampling program
Preliminary exploration results from a lead-zinc-silver property in Saskatchewan have been reported by Pine Channel Gold (VSE). The company recently completed a program of surface sampling and trenc…
Preliminary work encouraging: Rogi
An IP survey on the Lourmet property near Val d’Or, Que., has returned encouraging results, Exploration Rogi (ME) and Aur Resources (TSE) report. Indicated is a strong anomaly coinciding with a volcan…
Rio Algom weighing buyout of Uranium Resources
Dallas-based Uranium Resources (TSE) recently confirmed that a U.S. subsidiary of Rio Algom (TSE) is a potential buyer for all its outstanding shares. The company’s non-binding letter of intent with R…
Minefinders starts drilling program
Drilling is under way on two exploration projects in Quebec, Minefinders Corp. (VSE) reports. Drilling on two other Quebec properties is scheduled to commence before the end of the year. An $800,000…
LAC’s global ore search focusses on Chilean mine
To find some of LAC Minerals (TSE) recent exploration highlights, you have to look to South America, specifically southern Chile, where the company’s Toqui zinc mine is. When The Northern Miner tried …
Letters to the Editor Already in place
Your editorial of Oct 9 argues persuasively that tax legislation should be amended to ensure equitable treatment of mine reclamation costs. You may be interested to know that legislation passed in Bri…
50 Years Ago SIGMA IS HEALTHY AT DEPTH
The ore measures at Sigma, Dome’s subsidiary in Quebec, are continuing to depth in strong fashion, The Northern Miner understands. Sinking the main shaft was recently completed to 2,125 ft. for eight …