Montreal Exchange Gold loan for junior
One of the various means of raising money for exploration and development that seems to be growing in popularity is the gold loan. Recent news out of Quebec is that a junior, Nova-Cogesco Resources, h…
News
Consolidated Professor needs $47 million to bu ild gold mine
A positive feasibility study has been received by Consolidated Professor Mines (TSE) for the company’s 100%-owned Duport gold project. Completed by the consulting firm of Wright Engineers, the report …
Alberta Stock Exchange Dispute lifts Baslen
A controversial ownership dispute over a group of mining claims in the Hemlo, Ont., gold belt has made International Baslen one of the hottest issues in Alberta during recent trading sessions. The fac…
Stewart Lake aims at special graphite market
Graphite may not be as easily marketed as gold, but Stewart Lake Resources (TSE) is confident it will have no trouble selling the product from its graphite deposit near Kingston, Ont., at a price that…
Federal geologist
A story in last week’s edition (N.M., June 13/88) on exploration activity in the east Arctic should have identified Jacobus (Ko) Griep as the geologist for the Keewatin district in the Northwest Terri…
Grab Samples Column
Unconfirmed street talk is that the claims protecting Hemlo Gold’s Golden Giant mine at Hemlo, Ont., are being restaked by a junior mining company. At presstime, the Thunder Bay, Ont., mining recorder…
Gold production up, Cambior boosts profit
Gold production by Cambior Inc. (ME) has increased to 42,986 oz in the first quarter of this year from 30,439 oz produced during the same period last year. The big improvement was reflected in the com…
Grab samples
Annual meetings, under normal circumstances, provide shareholders with the opportunity to meet management, ask questions and get updated on past performance and future company plans. Naturally, one as…
Letters to the Editor No shares involved
There is an error in your May 20 edition story on American Pacific Mining (page 21). The story notes that the El Mochito mine in Honduras was purchased by APM from Rosario Resources, an AMAX subsidiar…
Muscocho aims to boost output
With the Magino gold mine ready to pour its first bar this month, and the Magnacon gold mine on stream for production during the first quarter of next year, Muscocho Explorations (TSE) is aiming to tu…
Pamour selling stake in Canadian Arrow
In the midst of a corporate restructuring, Pamour Inc. (TSE) is selling its 46.4% interest in Canadian Arrow Mines (TSE) to First Toronto Capital, a merchant banking company. Shareholders of Canadian …
Miners help kids
Mining companies and their employees in British Columbia and The Yukon contributed close to a quarter of a million dollars during a recent Telethon campaign to raise funds for Vancouver’s Children’s H…