1987

Senior appointments by Placer Dome Inc. include some changes over those announced at the time of the formation of the big new gold company. A joint statement from Chairman Fraser Fell and President an…

Until recently Canada’s banking industry exuded an image of ultra conservatism that, to some extent, was expected by the general public. Let’s face it, you wouldn’t want your friendly banker to arrive…

As a renowned poker player and would-be cowboy, Seymour Schulich has taken a gamble or two during frequent sojourns to the Silver State. But when it comes to running Franco Nevada Mining Corp., Mr Sch…

Lively, Ont.-based Cal Graphite has confounded the skeptics by announcing production at its Graphite Lake property near Huntsville, Ont. Located in Butt Twp. the 1,000-acre property has been the subje…

A large land position covering a new type of geological environment for gold and platinum group metals has been picked up by Aber Resources in the Northwest Territories. Victor A. Tanaka, vice-preside…

Two private placements have been completed by Chelsea Resources which will net the company $2.4 million. In addition, it has a commitment to place 400,000 units consisting of one share at $5 and a war…

The market collapse of Oct 19, which is becoming known as the infamous Black Monday, made certain not to ignore the poor cousins of the Toronto Stock Exchange — the coats-listed issues. Chance Mining…

Like lemmings, investors swarmed over the precipice, pulling global stock markets into a crash the likes of which has never before been witnessed in financial history. Black Monday, as the investment …

The largest recipient of flow-through dollars from First Exploration Fund 1987 is the Nexus Group which includes Nexus Resource Corp., Angle Resources and Reward Resources. The companies have signed u…

Grandview Resources is considering the sale of its Carson Hill gold mine in California. Investment banking firm Bear, Stearns & Co. is providing financial advisory services for the possible sale. Seve…

A gold loan will be used by International Corona Resources to repay its share of the financing of the David Bell mine in the Hemlo area of northern Ontario. The company reports a wholly- owned subsidi…

A high grade silver discovery has been made 55 miles north of Hope, B.C., by Huldra Silver. Diamond drilling has proven to be unreliable in delineating the extent and grade of the discovery which typi…