Alberta Stock Exchange: Tandem volume leader
DWednesday close, Oct 29 Tanner Arctic Oil was the volume leader for another week. The company, which has a whopping 53.8 million shares issued, added 2 cents to close at 20 cents . Tanner has acquire…
1986
Fund managers relish chance to grill top mining executives
There were more pinstriped suits in the room then you’d see at Harry Rosen’s when Gardiner Watson Institutional, a division of Dean Witter Reynolds (Canada), held its annual mining forum in Toronto re…
Vancouver Stock Exchange: Gold’s weakness pulls down market
Wednesday close, Oct 29 The Vancouver market inched lower today as gold tumbled towards the $4 00 level despite conflicting economic signals in the U.S.. Gold’s current weakness has been attributed t…
Underground for Tandem at Moss Twp. gold project
Plans are being formulated for an underground test of the Tandem Resources-Storimin Exploration joint venture project in Moss Twp., 70 miles west of Thunder Bay in northwestern Ontario. Representative…
Sherritt Gordon’s bottom line hurt by fertilizer division
A major reduction in earnings in fertilizer operations was the prime reason behind the 81% profit drop posted by Sherritt Gordon Mines at the recent 9-month mark. Net earnings of $1.688 million (7 cen…
Beaufield options property gets flow through financing
Beaufield Resources, has entered into an agreement with Kidd Creek Mines, an affiliate of Falconbridge Inc., giving the company the right to earn a 49% interest in Kidd Creek’s Lac Barry area properti…
St. George acquires Nevada gold prospect
St. George Minerals has reached an agreement to acquire the Dean mine property located two miles southeast of its Fisher gold project in Nevada’s Battle Mountain area. President Frank Varseveld claims…
Rio Tinto Zinc subsidiary options Brazilian platinum bet from TVX
RTZ Minerals, a wholly owned subsidiary of the traditionally conservative Rio Tino Zinc PLC of London, has signed an option agreement with CNM of Brazil to earn a 40% interest in a platinum/ paladium …
With ‘$24 million financing Eastmaque to produce in ’87
Armed with more than $26 million, the bulk of which came via a $24 million units offering completed by London-based James Capel & Co., Eastmaque Gold Mines expects to be producing gold by the first qu…
More drilling for Cass zone on Kim claims at Indin Lake
An additional minimum $1.35 million has been proposed for a continuing program to start next month on the Kim Claims in the Indin Lake area of the Northwest Territories, reports Comaplex Resources, on…
Steep Rock Resources says Falconbridge Ltd. has terminated its (November 03, 1986)
agreement on Steep Rock’s King Bay gold property in the Sturgeon Lake area of Ontario.
Bighorn going underground once financing completed
Pending the successful completion of a $1-million flow-through share issue, Bighorn Development Corp. plans to rehabilitate the shaft on the main vein on its Island Lake gold property in northern Mani…