Alberta Stock Exchange Jilbey bucks the trend
Following on market downturns in Toronto and New York, which have seen sharp decreases in share prices, volumes were well down in recent weeks. Even major traders were relatively quiet as investors pl…
News
Spectacular gold shows made to SMDC, partners
Spectacular shows of gold have been confirmed by the Saskatchewan Mining Development Corp on ground held by the company and partners in the La Ronge area of northern Sask. smdc geologists are taking c…
Tax Angles Flow-through phase-out
It is finally becoming widely recognized that Mr Wilson’s tax reform proposals will gradually reduce the tax advantages of flow- through shares so that, when the reform measures are fully implemented …
Teck Corp’s Highmont plant to join Highland Valley
Much to its relief, Teck Corp. has concluded an agreement to incorporate its dormant Highmont plant into Cominco and Lornex Mining’s Highland Valley Copper project in southwestern B.C. Teck President …
Urangesellschaft planning uranium mine in the N.W.T.
Today, exploration activity in the Northwest Territories is generally directed towards precious metals. The reason? Shipping mineral concentrates out of the north is expensive when compared to a refin…
Red Lake tries old scheme to solve labor shortage
In mine management circles, it’s known as the good news bad news syndrome. The good news is that flow-through financing and higher gold prices have spawned unprecedented numbers of new mines across th…
Noranda dealing with San Paulo Mishibishu ground
San Paulo Explorations has just dealt one of its two gold properties in the Mishibishu Lake area of northwestern Ontario to Noranda Exploration, The Northern Miner learns from Peter D. Walker, the com…
Acadia considering partners to develop Mooseland bet
Overtures by Canadian and foreign interests to assist in developing the Mooseland gold property in Nova Scotia have been received by junior explorer Acadia Mineral Ventures of Toronto. The company has…
Major drill program will start soon on Quebec Cobalt bet
A 35,000-ft diamond drill program is scheduled to start before the end of September on the Arrowhead gold property of Quebec Cobalt and Exploration in Joannes and Bousquet twps., Que. The 1,000-acre p…
Musto closing gallium project
A shortage of working capital caused by poor gallium markets has led to the closure of Musto Explorations’ Apex mine project near St. George, Utah. According to H. Lutz Klingmann, president, the compa…
Tremincop sets sights on production at old Ptarmigan mine
In general, mining people are quite adaptable to changing conditions even if the transition involves leaving a major company for a junior. As an example, Vancouver-based Treminco Resources has four ex…
Montreal Exchange (September 21, 1987)
Continuing to trade actively on the Montreal Exchange this week was Abitibi Metal Mines, which closed down 3 cents to 24 cents with more than 1.2 million shares changing hands. Confident about bringi…