Directors of Sullivan Mines have come out against a takeover bid by Ste. Genevieve Resources and are proposing a merger with Cambior Inc., which currently has a 31% stake in Sullivan and has expressed…
Junior mining companies wishing to estimate the preproduction capital costs of a small underground exploration project can do so themselves with the help of a new publication prepared by the experienc…
Ateba Resources has commenced a program of overburden drilling on a 52-claim property straddling the Munro and McCool twp. boundary, 100 km east of Timmins. This ground is held under option from Arkro…
Being in the right place at the right time is the aim of every mineral exploration company with a view to earning a handsome return on its investment dollars. But for a consortium of Canadian companie…
The first phase of a drilling campaign undertaken by Essor Exploration on the Aiguebelle property in northwestern Quebec has detected a gold-bearing structure, President Guy Morissette reports. Essor …
Some encouraging results have been received from Toronto-based Jascan Resources’ underground exploration program at its 70%- owned Pansilver joint venture project in Cobalt, Ont. According to Presiden…
Evidently believing he sees the writing on the wall, federal Liberal leader John Turner calls on the Canadian government under Prime Minister Brian Mulroney to quit the free trade talks with the U.S.,…
Base metal prices will on average be some 25% higher next year than in 1986, boosting mining industry profits substantially in North America, the latest Metals Analysis and Outlook publication from Lo…
ALUMINUM: MW U.S. Market 72.50 cents -74.00 cents per lb. (July 1, 1987). ANTIMONY: New York dealer $1.15-$1.20 per lb. (June 25, 1987). BISMUTH: New York dealer $3.25-$3.40 per lb. (June 25, 1987). C…
A deal has been struck among Ste. Genevieve Resources, Stratmin Inc. and 2438-8456 Quebec Inc. whereby Ste. Genevieve and Stratmin have acquired the numbered company’s option on the Courville gold pro…
The American Mining Congress says the most complete mining show ever held in the U.S., will be staged April 24-28 next year, at Chicago’s McCormick Place. For the first time, MINExpo International ’88…
While requiring what seems like an inordinately long time to obtain all necessary regulatory approvals for the public financing of La Fosse Platinum Group Inc., expectations are that the final approva…
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