News

Missanabie area could host half a dozen producers

Gold exploration areas in Ontario that have been known for years keep coming up with surprises and the potential for more and better mines. Hemlo was worked over pretty well before International Coron…


Potash of America takes $3.9m. loss

A 1986 net loss of $3.9 million, or 64 cents a share, is reported by Potash Co. of America, compared with restated net earnings, before extraordinary charge, of $3.4 million, or 4 cents a share, in t…


Black Swan Gold confirms tonnage at Australian bets

Recent drilling has confirmed the tonnage and grade of three gold deposits at Black Swan Gold Mines’ Gabanintha project in Western Australia. In addition, the drill program delineated approximately 16…


Government is the enemy

Your recent edition which contained two editorials, one attacking government, (justifiably), for wasting billions of dollars, and one praising government for creating certain educational centres, is a…


Noranda Expl. concludes option with Beaver

Even major companies like Noranda are starting to recognize the profit potential in small U.S.-based heap leach producers. Noranda Exploration recently concluded an option agreement with Beaver Resour…


Bruneau interest in Montclerg prospect

Bruneau Mining Corp says it has an agreement in principle with Montclerg Resources, for Bruneau to earn a 60% interest in Montclerg’s gold property in Walker and Clergue twps., near Timmins, Ont. Brun…


PDA service awards for Laurin, Seigel

Distinguished service awards are being awarded this year to Dr. Andre F. Laurin, assistant deputy minister of Quebec’s energy and resources ministry, and Dr. Harold O. Seigel, president of Scintrex Lt…


Pezim out; Corona carries on

With or without Murray Pezim on its executive committee, and notwithstanding a legal challenge by Mr Pezim, International Corona should continue showing good results in its gold-mining activities, two…


Gunsteel reserves up at B.C. Nugget mine

Underground development work and diamond drilling have boosted reserves at Gunsteel Resources’ Nugget mine property in southeastern B.C. closer to the desired threshold for production. The company’s i…


COATS Trading Features (March 09, 1987)

Augdome Corp made a slight advance to 28 cents -33 cents . The company, which holds a large land position southeast of the big Dome mine near Timmins, Ont., has received an offer from Diepdaume Mines …



Bruneau, Montclerg near property deal

An agreement whereby Bruneau Mining may earn a 60% interest in Montclerg Resources’ 475 acres of gold property in Walker and Clergue Twps. near Timmins, Ont., has been reached in principle. To earn it…


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