News

Greenshields & Co. of Montreal has announced an offering of 30,000 shares of stock in Placer Development, a British Columbia incorporation specializing in the investigation and development of gold pla…

When Denison Mines Chairman Stephen B. Roman stands up and tells a packed room of shareholders that he has no grand strategy for the company, one only has to look at the bottom line to see otherwise. …

An official of Yellowknife Gold Mines advises The Northern Miner that results of channel-sampling, recently received, indicate a favorable zone on the Giant group of claims in the Yellowknife River ar…

Fagersta Secoroc recently appointed Lorne Hunter as branch and area manager for its Sudbury warehouse and related area. Succeeding Larry Kotila, who has retired, Hunter will retain responsibility for …

A 25% interest in 236 claims has been acquired by Brent Resources. A 136-claim block is located in the Casa Berardi-Joutel area of Quebec. The remaining 100 claims are further north, in the Detour-Sel…

Like any lifelong prospector, John Larche has his share of stories to tell. Like the time he stepped out of his airplane onto a frozen lake, only to break through the ice. Hanging on for his life to …

A swarm of prospectors, stakers, merchants and promoters have invaded the Larder Lake district of Ontario where Canada’s latest gold boom has been precipitated by sudden disclosure of important ore on…

Toronto’s three precious metals funds stood up well to the ups and downs of gold prices. The goldbugs were having a field day late last summer when the price of gold popped up through the $440(US) mar…

There was good news — and a little bad news — in Finance Ministe r Michael Wilson’s recent budget, at least as far as the mining industry is concerned. The good news of course is that flow-through f…

Cleyo Resources, which is performing exploration on several properties in Ontario, traded at a new high of $2.90. The issue closed at $2.80-$2.90. Chance Mining & Exploration was also active, trading …

Encouraging gold values have been received by partners Noranda Inc., Stan West Mining Corp. and Canacord Resources from their DeSantis mine property, southwest of Timmins, Ont. A first-phase $1.5-mill…

Although budgets for some programs are still in the discussion stage, the 1987 planning for companies lying within the Muscocho Explorations umbrella calls for exploration outlays totalling about $33 …