1987

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…

Low inventory levels and a weak U.S. dollar are preventing a summer slowdown in base metals markets, and in precious metals the sideways action is a positive action, First Marathon Securities says in …

M. A. Hanna Company — Garth W. Henry elected vice-president and comptroller.

The Vancouver market has finally stabilized after plummeting over 70 points early in the week. Heavily biased towards precious metals, it reacted negatively to weaker gold prices which resulted from a…

Finance Minister Michael Wilson’s white paper on tax reform retains the concept of flow-through share financing for mineral exploration, but in a less generous form. Under current flow-through rules, …

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…

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 …

More than $1 million will be spent by Joutel Resources and partners on exploration this year, Joutel shareholders heard at the annual meeting. A major effort will be made at the company’s property nea…

Diamond drilling programs have been commenced on three Quebec properties — Scheffor, Wilco and Samson — by Mazarin Inc. The Scheffor property is located 30 km northwest of Schefferville and is 1,000…

At a time when Saskatchewan, along with much of the rest of Canada, is enjoying one of the greatest exploration booms in the history of the province, it appears less than wise for the Saskatchewan gov…

A couple of takeover bids, one confirmed and the other a rumor, highlight activity this week on the Montreal Exchange, where the mining and minerals index has been in decline and trading in general ha…

Cash flow is expected this summer from New Privateer Mines’ Zeballos gold property on Vancouver Island. In the annual report Harvey H. Cohen, president, says that initial mill feed will be taken from …