Renewed gold emphasis starts to pay
It wasn’t necessarily a banner year for the six companies which form the Coniagas Group but the results of some exploration ventures involving the group, suggest that at least one member is progressin…
1987
Moneta buys claims in Tisdale Twp. area
Less than a year after it returned to the precious metal business, Moneta Porcupine Mines has reached an agreement with Labrador Mining and Exploration to buy 92 claims in the Timmins, Ont., area. Loc…
J.A.G. confident about gold bet
J.A.G. Mines continues to feel confident about its Malartic gold property in northwestern Quebec, President Pierre Gevry writes in the annual report. A new drilling campaign this year is following up …
Queries No, Handley does not have a mine
I would like some information with regard to some shares I own in Handley-Gerlach Mines. They were given to me by my brother-in-law in his will and I would like to find out if: the shares are any good…
Yukon silver bet for Apex Energy
Apex Energy Corp. reports it has acquired a 100% interest in a group of nine mineral claims in the Rancheria silver camp in southeastern Yukon Territory. Known as the tbmb property, it lies near the h…
Change at Maggie spurs option
There has been a management change at International Maggie Mines which has enabled the company to pursue an option agreement with Minnova Inc., formerly Corporation Falconbridge Copper. Millard H. Lut…
Moneta options Hananni ground
Nahanni Mines has optioned its 86-claim Michaud Twp. gold property to Moneta Porcupine Mines, President J. A. Harquail told shareholders at the Nahanni annual meeting. Moneta paid $50,000 on signing a…
Metal Prices PRODUCER PRICES (June 29, 1987)
ALUMINUM: MW U.S. Market 72.50 cents -74.00 cents per lb. (June 11, 1987). ANTIMONY: New York dealer $1.18-$1.23 per lb. (May 14, 1987). BISMUTH: New York dealer $3.35-$3.45 per lb. (June 4, 1987). CA…
Canadian to speak at symposium
Two prominent Canadians are scheduled among speakers at the 12th anuual symposium of the Uranium Institute, to be held in London, England, Sept 2-4. They are Marcel Masse, federal minister of energy, …
Mining engineer shortage looms Education Foundation warning
With a shortage of highly trained mining and metallurgical engineers once again looming in this country, the Canadian Mineral Industry Education Foundation is stepping up its efforts to attract studen…
Nor-Quest bid for Northair a “property grab”
A formal offer has been made by Nor-Quest Resources for control of Northair Mines which is now preparing a fairness opinion on the proposal. The hostile takeover bid has already been denounced by Nor…
Montreal Exchange Abitibi Metal active
While trading activity was generally moderate this week on the Montreal Exchange, one mining firm, Abitibi Metal Mines, managed to turn over more than 900,000 shares. Abitibi Metal, which closed down …