1986

Investors have apparently caught the Lac des Iles bug judging by the recent market action on Madeleine Mines. This company plans to bring into production the optioned Lac des Iles platinum-palladium p…

Nexus Resource Corp. has been granted an option by Westmin Resourc es to earn a 50% interest in its Debbie property located six miles east of Port Alberni on Vancouver Island. The property, which cons…

Almaden Resources has raised $420,000 in a best efforts offering to explore three precious metals properties. The financing increases the company’s working capital to approximately $500,000, the bulk …

The mining and integrated metals business segment of Cominco Ltd. h as benefited dramatically from higher metal prices, productivity improvement and a general cost-cutting program. But the company’s f…

Could you please bring me up-to-date on Silver Bar Mines. I understand the company has been re-activated and has property in the Cobalt area of Ontario. K.O. Formosa, Ont. Your information is quite ac…

In spite of recession, the effects of new technology and competition from alternative materials, demand for strontium is continuing its strong growth displayed during the early 1980s. Following the ra…

Financing required for the balance of this year’s exploration program has been completed, says Quebec-based Aunore Resources. A private placement agreement has been concluded which will provide $1.242…

share-for-share basis.

While the whole nation celebrated its first Nobel Prize in 15 years, there were rumblings recently of cutbacks at the National Research Council, one of the main advocates of science and technology in …

Drilling on Minefinders Corp.’s East Group property in northwestern Quebec’s Dubuisson Twp has extended the strike length of the gold-bearing shear zone discovered earlier in the year. Recent results …

McNellen Resources reports a nearly 60% increase in the calculated reserve figure for its jointly- owned Magino gold project, about 60 miles east of Hemlo, Ont. Muscocho Explorations is McNellen’s 50/…

Bigger is not necessarily better. Very few gold mines in this country have been able to pay a dividend within the first year of production. And few indeed will show net earnings of 29 cents per share…