Buying coins? Check premium
Thinking of buying gold bullion coins? Then don’t forget to look at the premium you have to pay. That’s the advice contained in a recent release titled Dateline: Canada, in which Canadian Maple Leaf c…
News
Denison opposes oil bid by Greece
Denison Mines will oppose an attempt by the Greek government to acquire a majority interest in the company’s oil and gas operations in the Aegean Sea. At press-time, the company was still awaiting off…
EXPLORATION ’87 SMDC
Saskatchewan Mining Development Corp. (smdc) is playing a major role in the discovery, development and marketing of mineral resources in Saskatchewan. In just over a decade smdc has evolved from an ex…
Exploration funds (March 02, 1987)
Camindex Mines and MVP Exploration (1987) & Co., Limited Partnership have entered into an agreement whereby MVP will subscribe for $l,340,000 of flow-through common shares of Camindex at $1 per share….
Quebec study shows flow-through’s value
Flow-through financings between 1980 and 1985 led to 25 potentially profitable mineral discoveries in Quebec, according to a recent study commissioned by the Quebec Prospectors Association and conduct…
EXPLORATION ’87 WESTMIN
With more than a dozen properties in various stages of exploration, Westmin Resources is into a banner mineral exploration season. About $6 million of the work commitments are being financed by junior…
Editorial Brazil and the price of gold
Word that Brazil will postpone interest payments on its huge forei gn debts for an indefinite period has sent shock waves throughout the world’s financial districts. Especially hard hit were bank stoc…
EXPLORATION ’87 TECK
As predicted last year, 1986 was an exciting year for Teck Corp. and 1987 should be even better. The Casa Berardi area will continue to be one of the major centres of activity. Inco (60%) and Golden K…
ON THE MOVE Potash Corporation of Saskatchewan
Several changes have been made to the Potash Corporation of Saskatchewan’s board of directors, chief of which is the appointment of Paul Schoenhals as the new chairman. Schoenhals replaces Cliff Wrig…
EXPLORATION ’87 RAYROCK
Rayrock Yellowknife Resources and Discovery West Corp. are related through intercompany shareholdings and are active in minerals and oil-and-gas production and exploration. Discovery is a new company …
Orofino underground work may lead to gold production
Orofino Resources says it is looking at the possibility that its wholly- owned Scadding gold property about 20 miles northeast of Sudbury, Ont., could go into production by the end of this year. The c…
Imperial Metals acquires interest in uranium deposit
Imperial Metals has picked up an 18.7% beneficial interest in the Crow Butte in-situ uranium deposit in Nebraska. With reserves estimated at over 40 million lb and capital/ operating costs expected to…