Exploration has begun on two of Oracle Resources’ four gold properties in the Pickle Lake and Opapimiskan Lake areas of northwestern Ontario. Results of airborne EM and magnetic surveys carried out ea…
After being under a suspended trading order for more than eight years, Canadian Magnesite Mines came back to life trading at 5 cents -15 cents . Good news for long-suffering shareholders who might fin…
A $5-million modification program is under way at Sherritt Gordon Mines’ coin blank plating and processing facility at Fort Saskatchewan, Alta., in readiness to fulfil its recently signed contract wit…
Wednesday close, August 27 Trading was slow and quiet on the TSE today with the composite 300 index inching up by 1.77 pts to 3,038.12. Metals and minerals were up 2 pts to 2048.50. Big news was made …
After being on standby for more than 10 years, Great Lakes Nickel’s Pardee Twp. properties will once again see some action. Vancouver-based Fleck Resources, known for its platinum group metals bet nea…
Shares of Western Goldfields Inc., which has a 31.72% interest in a heap leach gold mine near Reno, Nev., are now listed on the Toronto Stock Exchange. The first gold pour at the Nevada mine, called t…
Several properties have been acquired by Glen Auden Resources. In the Swayze area, southwest of Timmins, Ont., the company has acquired a 100% interest in 77 claims. Located in Swayze and Denyes twps….
A financing agreement has been negotiated which will raise a maximum of $800,000 for Beaufield Resources. Beaufield plans to issue 516,129 common shares at a price of $1.55 per share on a flow-through…
Sullivan Mines, and Cambior Inc. are solidifying the link between the two companies. They had previously announced (N.M., Aug. 8/86) that Sullivan- associated Courvan Mining would have an option to pu…
For the first time in the history of the event, Ontario plans to enter a team in the 1986 national mine rescue competition, scheduled for Sept 19-20 in Nanaimo, B.C. The competition will test the skil…
The government of British Columbia has agreed to purchase $55 milli on in Cominco preferred shares which will enable the company to replace its obsolete lead smelter at Trail, B.C. Cominco already has…
A dissident group of shareholders has served notice of a meeting in order to elect new directors to the board of Macdonald Mines, the company says. The dissident group represents 10% of the shareholde…
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