News



Bishop Mintek re-open B.C. mine

Two Vancouver-based companies, Bishop Resources Development and Mintek Resources, which are in the process of merging have re- opened a small silver-gold-lead-zinc mine near Smithers, B.C., which last…


Financing of new mines theme of PDAC convention

The Prospectors and Developers Association of Canada (pdac) has chosen a timely theme for its convention in Toronto this year: Financing — the key to new mines. With the future of flow-through financ…


Quebec plans to introduce new explorer incentives

The province of Quebec started the resurgence in exploration when it introduced its Quebec Exploration Account dedution back in 1980. The federal government brought in the Mining Exploration Depletion…


COATS Trading Features (March 07, 1988)

A new issue, Transgold Resources, was the volume leader on coats this week. After trading more than 320,000 shares, the issue advanced from its issue price of 45 cents to a high of 80 cents . With l…


Parklane plans bulk sampling

Encouraged by initial drill results, Calgary-based Parklane Technologies plans a bulk sampling test at its Hillsborough gold prospect near Beardmore in northern Ontario. Parklane has an option to earn…


Colray completes La Ronge gold survey

Colray Resources has completed an airborne geophysical survey program on four of its large blocks covering some 25,000 acres in the La Ronge gold belt area in northern Saskatchewan. W. J. Pearson, the…


Trip down under

A local consulting engineer, Ronald B. Stokes, is organizing a safari to Australia which won’t require a rifle. However, a “riffled” sluice box might help because the safari is for gem collectors and …


Interaction completes Nevada drill program

Result of a 5,765-ft reverse circulation drill program are encouraging for Interaction Resources on its Fireball Ridge gold bet, near Reno, Nev. The company completed 20 holes at a cost of about $70,0…


Queries Despite merger, Bethex shares have value

As holder of 100 Bethex Exploration shares, I notice that this company has not traded for some years. It is rumored that Bethex was absorbed by another company and new shares issued. Could you let me …


Considerable jump in 1987 earnings for Noranda Inc.

An excellent fourth quarter helped Noranda Inc. boost its 1987 earnings almost eight times compared with the previous year. The metals giant reported earnings for 1987 of $343.5 million ($2.14 per sha…


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