News

Sheridan buys more New Golden Sceptre

Mining entrepreneur J. Patrick Sheridan has filed notice with the Toronto Stock Exchange of his intention to acquire up to 915,763 additional shares of New Golden Sceptre Minerals (TSE) on the open ma…


Claude begins feasibility

Cominco Engineering Services has been hired by Claude Resources (TSE) to complete the final feasibility study for the company’s Seabee gold project east of La Ronge, Sask. Cominco, which is beginning …


Barrick’s future hinges on Goldstrike

In the next three years, American Barrick Resources (TSE) expects to triple its gold output to more than one million ounces per year, placing it among the largest gold producers in the Free World. The…


Mines ministers to meet in Sudbury

The 46th annual federal-provincial mines ministers’ conference will be held in Sudbury Aug 29-31. “I am very pleased that the government has recognized all that northern Ontario has to offer by select…


Editorial World class?

There have been many horror stories in this country in the past year about premature feasibility studies that over-estimate grade and mineable reserves but under-estimate capital and production costs….


Juneau conference

The mineral potential of southeast Alaska, western British Columbia and the Yukon Territory will be addressed at “Conference Juneau,” a symposium being held April 19-22 in Juneau, Alaska. Two full day…


Minnova, Laramide plan work on Lara

A major exploration program is planned this year on the Lara deposit of Minnova Inc. (TSE) and Laramide Resources (TSE on southern Vancouver Island. The Lara massive sulphide deposit has drill- indica…


20 companies involved in Lac St. Jean nickel play

At least 20 publicly traded companies have acquired properties in what is shaping up to be an exciting new exploration play for nickel and copper near Lac St. Jean, Que. Interest in the area stems fro…


COATS Trading Features (April 10, 1989)

Top volume leader again this week was Hanson Mineral Exploration with more than half a million of its shares traded at 58 cents -83 cents . Hanson has amalgamated with Perch River Mines, a private com…


Equinox advances J&L project to feasibility

After completing an extensive metallurgical and underground evaluation program, Equinox Resources (TSE) has advanced the J&L project near Revelstoke, B.C., to the feasibility stage. Equinox and partne…


Buyers sniffing at Doe Run

Fluor Corp. has retained two investment banking companies to screen inquiries concerning its 57.5% interest in Doe Run Lead. Doe Run is a major lead producer in the United States. Fluor says although …


Magnacon production due to start this month

A production start-up at the Magnacon gold project in northern Ontario is imminent. Owned by Muscocho Explorations (TSE), Windarra Minerals (TSE) and Flanagan McAdam Resources (TSE), the project could…


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