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…
News
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 …
Stewart, Hughes/Lang win major PDA awards (March 09, 1987)
The Prospectors and Developers Association of Canada (PDAC) has named Merton Stewart as Prospector of the Year. Richard Hughes and Frank Lang have been named Developers of the Year. When Prasanta Sar…
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…
Duthie mine top priority for Bishop Resources in ’87
The Duthie mine property near Smithers, B.C., will be a top priority for Bishop Resources Development this year. The company acquired its interest in the project from Duthie Holdings, a family concern…
Rockford options Swansea, Eldor completes deep holes
Eldor Resources has optioned a part of its interest in a 28-claim property north of Larder Lake, Ont., to Rockford Minerals. Rockford, which is planning to go public in April, has the right to earn a …
MFC Mining Finance Corp.
MFC Mining Finance Corp. recorded a net income of $3,554,230 (29 cents per share) from revenues of $24,635,111 for 1986. Consolidated cash flow from operations amounted to $11,791,735 (96 cents per s…