Investor interest in speculative stocks has waned dramatically but development-type situations with defined production potential have been doing better. Overall, however, the market could only be desc…
Percy Claire Finlay, best known for his association with Hollinger Consolidated Gold Mines for more than half a century, died at Toronto General Hospital on June 29. He was 89. Finlay was active in th…
The mining industry has certainly lost a friend and one of its most respected spokesmen with the passing of “Percy” Finlay. We here at The Miner knew him well over the years, not so much as a top la…
Toronto-based St Andrew Goldfield (TSE) is on schedule for a September, 1989 start-up date at the Stock Twp. gold property, near Timmins, Ont., shareholders were told at the annual meeting. With finan…
Drill results from Dejour Mines’ (TSE) Turquetil property 225 km southwest of Rankin Inlet in the Northwest Territories have shown good gold grades over significant widths. “It’s a big alteration zone…
Shareholders of Aster Exploration (ME) and Eastmin Explorations have approved a merger of the two companies. Name of the new corporation is Aster Exploration. The share exchange ratio will be two East…
A holiday shortened week took its toll on COATS-listed issues. Newfield Mines continued firm at $5 on volume of 5,600 shares. The company will be merged with TSE- listed issues Jonpol Explorations and…
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date July 5 July 4 July 1 June 30 June 29 Copper 1370-1375 1395-1410 1345-1350 1377-1380…
Toronto-based Garrison Creek Consolidated (TSE) has released more encouraging drill results from its 40%-owned Michaud Twp. property 65 miles east of Timmins, Ont. The latest results were obtained fro…
A second drilling campaign has been completed by Denn’or Exploration (ME) at its 21-claim East Sullivan gold property in Quebec’s Bourlamaque Twp., near Val d’Or. Total reserves (probable and possible…
The new Corona Corp. (TSE), an amalgamation of five Royex group companies, officially came into existence July 1. Shareholders voted their approval June 3 of the amalagamation of Royex Gold Mining, In…
Ontario plans to limit applications to its Ontario Mineral Exploration Program (OMEP), in the wake of the federal government’s new Canadian Exploration Incentives Program (CEIP). The province’s minist…
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