On May 3, 1988, Finance Minister Michael Wilson and Minister of Energy, Mines and Resources Marcel Masse announced measures to maintain the effectiveness of flow- through share financing for explorati…
Another selloff hammered the Toronto Stock Exchange today, clipping 44.71 pts from the composite index which closed at 3,178.49 pts. Sparked by interest rate fears and a general perception that the be…
Toronto-based Ego Resources (TSE) has entered a flow-through financing agreement with Tap-IV Resource Ltd. Partnership (TSE) to finance an extension of a recently completed 30,000-ft drill program at …
News that the federal government plans to introduce, at the start of 1989, an exploration incentive, or grant, scheme to help junior resource firms raise funds for exploration programs seems to have h…
Water problems have all but eliminated any chance of finding economic reserves near existing mine workings at Amca Resources’ (VSE) Silver Cross property in Arizona. Earlier reporting of low grade gol…
Should the U.S.-Canada free trade agreement be approved by Congress in its present form? For the mining industry, this is a tough question. As Elmer Bierly, vice-president of Hecla Mining * * * told t…
A deep-drilling program involving two surface rigs is under way at the Paymaster gold project in Timmins, Ont., where partners Associated Porcupine Mines (TSE) and American Reserve Mining (VSE) are ho…
The company is set to move into the ranks of significant gold and silver producers, President Peter McAleer told shareholders at the annual meeting of Westfield Minerals (TSE). Helping to launch it on…
ALUMINUM: MW U.S. Market $1.08-$1.11 per lb. (May 5, 1988). ANTIMONY: New York dealer $1.08-$1.13 per lb. (Apr 14, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (May 5, 1988). CADMIUM: New York …
In a bid to expand its existing assets to at least six operating mines, Kerr Addison Mines (TSE) of Toronto is planning to spend $70 million over the next two years on an ambitious development program…
Silver Islet: Striking It Rich In Lake Superior by Elinor Barr. ISBN 0-920474-4-1, 160 pages plus endpaper maps, archival photographs and extensive memorabilia. Premiere edition in a planned series of…
Goldbrook Explorations has acquired an option to earn a 50% interest in a 65-claim property 50 miles north of Beardmore, Ont. Located near the Onaman River, the property covers several polymetallic de…
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