Montreal Exchange Trading picks up
Trading volumes were higher and the market direction definitely positive for the week ended Dec 12. The general market portfolio index jumped 31.4 points during the report period and the mining and mi…
News
Open attitude
The more open attitude toward foreign investment in the Soviet Union provides some interesting opportunities, and where there are opportunities, you’ll find Canadian mining companies. One of Canada’s …
Bema’s Chilean deposit could be a big one
A drilling program has been completed on the Refugio gold-copper porphyry deposit 50% owned by Bema Gold (TSE). Bema is earning the 50% interest in the property from Cia Minera Refugio by funding expl…
Placer, Currie program
Placer Dome (TSE) plans to begin a $500,000 exploration program in January on two properties held under option from Currie Rose Resources (VSE) in Saskatchewan. The mapping and drilling program will f…
The gloves are off again at Dome Mountain
Old wounds do not appear to heal easily. After a short truce, under which a new joint venture agreement was signed, Teeshin Resources (VSE) and Canadian-United Minerals (VSE) have rekindled a fight wh…
San Paulo stops work at Leitch
Exploration work has been discontinued at the Leitch gold mine project near Geraldton, Ont., San Paulo Explorations (ASE) says. Held under joint venture from Teck Corp. (TSE), the exploration effort w…
Walton visits Poland for tailings project (December 18, 1989)
John Walton, former Placer Dome president, joined officials of International Coast Minerals (VSE) on a visit to Poland to confirm the status of a proposed joint venture tailings project. Walton is a m…
Varna, Nfld. Goldbar agree to Glover deal
Privately owned Maritime company Newfoundland Goldbar Resources agreed recently to earn a 40.1% stake in Varna Gold’s (ASE) Glover Island gold claims in central Newfoundland. Goldbar will act as opera…
Coughlan hearing scheduled for Jan 22
The Ontario Securities Commission has issued a notice of hearing to Terence Coughlan to appear before the commission Jan 22. The notice refers to allegations that Coughlan, as president of Seabright R…
Teck to drill Iron Mask
A reverse circulation drill program by Teck Corp. (TSE) is planned for the Iron Mask copper-gold project 20 km west of Kamloops, B.C. As operator, Teck can earn a 50% joint venture interest in the 4,5…
Mono seeks funds for gold property
A $1.7-million exploration program has been recommended for Mono Gold Mines’ (VSE) Bannockburn gold project, in Madoc Twp., north of Belleville, Ont. The Vancouver-based company has been exploring the…
Professor preparing environmental report
Toronto-based Consolidated Professor Mines (TSE) hopes to complete an environmental assessment report sometime next year for its proposed Duport gold mining operation at Shoal Lake near Kenora, Ont. L…