News

Trenching at Soocana bet yields high gold results

Shares of Soocana Explorations (ASE) have been making some significant gains in recent weeks even though the Toronto company hasn’t announced any news that would justify the price increase. In the spa…


NDU quiet despite results from Marg metals project

Partners NDU Resources (VSE) and Cameco (Canadian Mining and Energy Corp.) continue to explore a massive sulphide discovery near Mayo, Y.T., which has yet to attract some market interest. NDU holds a …


FUTURES PRICES (August 28, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Aug125.70 125.30 125.15 + 3.30 Sep126.20 124.20 125.35 + 3.85 Dec122.20 120.80 121.85…




Base-metal find in Yukon excites Lenora president

A potential zinc-lead-copper find in the Yukon near the Faro mine has the president of Greater Lenora Resources (TSE) excited. “We’ll be drilling in two weeks (by the end of August). Tenders are out r…


Books (August 28, 1989)

Magmatic Sulfide Deposits by Anthony J. Naldrett, University of Toronto. Published by Oxford University Press. ISBN 0-19-505119-X, hardcover, $91(C). Contact: Oxford University Press, Canadian Branch …


Aur suing for $81 million as Louvem mum on law suit

The already frosty relations between Aur Resources (TSE) and Societe Miniere Louvem (TSE) are expected to get a shade cooler following news that Aur has launched a second lawsuit against its Quebec- b…


Minago nickel project encourages Black Hawk

After acquiring 100% control of the Minago nickel deposit in northern Manitoba, Black Hawk Mining (TSE) is moving aggressively to develop the property. The Minago deposit, situated 140 miles south of …


Laclustre golds take shine off mining sector

Following several weeks of busy trading in a number of blue chip mining issues on the Toronto Stock Exchange, gold shares drifted lower along with lacklustre bullion prices this week. Solid strength i…


LAC in solid shape despite loss of Williams mine

Most mining companies would have been crippled by the loss of a gold property the size of the Williams mine at Hemlo in northern Ontario. In the case of LAC Minerals (TSE), the company appears to have…


Editorial Shoddy sales tax scheme

You have to wonder about Michael Wilson and his proposed Goods and Services Tax. It seemed like an idea whose time had come. The existing retail sales tax was long overdue for an overhaul and, in ge…


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