1988

It was a better year for Potash Corp. of Saskatchewan in 1987 but the Crown corporation still reported a loss of $20.7 million. In what might be considered a turnaround year, the company’s loss repres…

In a week of mixed trading highlighted by a flareup of fighting in the Persian Gulf involving Iran and the U.S. and a small rise in the gold price, the Montreal Exchange’s general market portfolio ind…

Shareholders of Equity Preservation Corp. overwhelmingly approved a management proposal to change the closed- end investment firm into an operating exploration company at a special meeting. Legal chal…

A bout of nervousness has crept into the markets once again, putting a lid on a rally which has moved the TSE composite index up 400 pts over the past several months. Today, fears of another major dow…

One of the oldest listed companies on the Toronto Stock Exchange today — formed in 1928 by the late renowned mine-finder Thayer Lindsley — Dominion Explorers is still very much alive, The Northern M…

Pilot milling will commence in mid-May at Catear Resources’ (VSE) Goldwedge property in the Sulphurets gold camp, 35 miles northeast of Stewart, B.C. President E. Kruchkowski says construction of the …

It almost seemed too easy and there wasn’t even a White Knight around to come to the rescue. Delaware Resource Corp. (VSE) has, as expected, fallen prey to Prime Capital affiliate, Colossus Resources …

Edmonton-based Echo Bay Mines (TSE) recently took another step in a growth strategy which has seen gold production increase 56% from 1986 levels by acquiring a major interest in the Muscocho group of …

Over 600 ft of underground decline has been completed at Mono Gold Mines’ (VSE) Bannockburn property near Madoc, Ont. Micham Exploration (VSE) has an option to earn a 51% interest in the project for a…

A zone 1,100 ft long and about 1,500 ft deep has been defined on the Jolin gold property in Carpentier Twp., located about 30 miles northeast of Val d’Or, Que., Abitibi Metals Mines (ME) reports. Amon…

Toronto-based Northgate Explorations (TSE) has dipped into its treasury for the fourth time this year to pick up a 20% interest in Audrey Resources (TSE) of Rouyn- Noranda, Que. Under an agreement, No…

With gold production last year of 306,000 oz and earnings nearly triple what they were in 1986, Lac Minerals (TSE) isn’t about to forget the value of field work in uncovering new deposits. “Our explor…