News

Tight money forcing major shift in junior sector

The after-shock of last year’s market crash is still being felt by the mining industry, especially the junior sector. Although the popular flow-through financing mechanism will remain in place until y…


People (June 13, 1988)

Roddy Resources — Steven W. Harapiak appointed president and chief executive officer succeeding Jack E. Lovelock who has resigned but continues as a director.


NO HEADLINE (June 13, 1988)

TEXT: Houston Metals Corp. (VSE) has signed an exploration agreement with 1988 Tap-IV Resource Ltd. Partnership to subscribe for 602,410 flow-through shares to be issued by Houston at 83 cents per sh…


Prospector made discovery that created Noranda

In the early 1920s, prospector Edmund Horne discovered along the shores of Lake Osisko, in northwestern Quebec, one of the richest lodes of copper and gold in the world. Over the years, the deposit wa…


U.S. coal-miner Nerco moves solidly into gold

Choosing between tenure at the University of Alaska or forming his own exploration company, Lawrence Heiner opted out of academia in 1970 and created Resource Associates of Alaska. He hasn’t looked ba…


Bruneau-Canamax deal

A private placement has been entered into by Bruneau Mining (ME) with its major shareholder, Canamax Resources (TSE), whereby Canamax will acquire 1.5 million treasury shares of Bruneau at 30 cents e…


SEMEG symposium

The Society of Engineering & Mineral Exploration Geophysicists (SEMEG) is presenting the second annual Symposium on the Application of Geophysics to Engineering and Environmental Problems at the Color…


IPMI conference

The 13th International Precious Metals Conference of the International Precious Metals Institute will take place June 12-15, 1989, in Montreal. Theme of the conference will be New Precious Metal Techn…


Granges contemplating merger

Merger talks between Granges Exploration (TSE) and Hycroft Resources & Development (VSE) have been expanded to include Goldbelt Mines (VSE). The proposed merger is subject to fairness opinions from in…



Some 28 juniors active in Nova Soctia exploration

Canada’s ocean playground is tiny — about the size of southern Ontario (55,500 sq km). But with a history of gold production dating back to the turn of the century it has not been overlooked by junio…


NRD signs agreement for more exploration

An agreement covering further exploration of the Pinto gold property located near Val d’Or, Que., has been signed with American Barrick Resources (TSE), Consolidated NRD Resources (VSE) reports. Barri…


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