News


ON THE MOVE RALPH J. ANCTIL & ASSOCIATES

Ralph Anctil has established a consulting firm, Ralph J. Anctil & Associates, to act as geological, economic and engineering consultants for the, mining, chemical and metallurgical industries in both …


CROSS CUTS Wasting Time

The following remarks were heard from people who attended the Mining Automation Symposium, in Sudbury, Ont., Oct 15-16, 1986. We think they provide a good illustration of the diversity of opinion in t…


Correction (December 29, 1986)

In the Dec 8 issue it was reported in the Insider Trading section th at Muscocho Expl. bought 100,000 shares of Mascot Gold Mines to hold 600,000. This is incorrect and was due to a missing line of ty…



News In Brief (December 29, 1986)

Wharf Resources plans a financing in January by offering units to th e public, each unit to consist of exchangeable preferred shares and common share purchase warrants.


Timmins tailings plan gets OK

Some 140 million tonnes of tailings, the product of more than 75 years of gold mining in the Porcupine area, are going to be retreated by ERG Resources, making it one of the major gold producers in Ti…


COATS Trading Features (December 29, 1986)

The share price of Comstock Keno Mines, a long inactive company, con tinued to trade in the 37 cents -40 cents range. The company is being reactivated by a financicl company which has plans to seek a…


Manridge financing

Manridge Explorations says it has completed a private placement to r aise a total of $175,000 which it will use to acquire new resource properties, as well as do further work on its silver property in…


Golden Caribou relinquishes Holman option

Golden Caribou Explorations has agreed to relinquish its option on t he Holman mine in Nova Scotia to the optionor, John Logan Enterprises for $750,000. This sum is payable $250,000 on or before Feb 2…


Terramar progresses at Calif. gold mine

The dewatering phase of the exploration program at the Reid mine pro ject near Redding, Calif., is well advanced, reports Terramar Resource Corp. President Louis P. Starck. So far, some 220 ft of the …



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