Iron oxide conference
Chicago will be the site for a conference studying the use of iron oxide materials used in the manufacture of soft and hard ferrite magnets. The conference, to be held Nov 1-2, will bring suppliers of…
News
Earnings Report (July 10, 1989)
A second-quarter loss of $1.1 million (13 cents per share) for the three months ended April 30 was reported by Skyline Gold Corp. (TSE). Comparable figures from 1988 are not available since Skyline be…
Corona buys 7% of Bondf, has option on another 20%
Major North American gold producer Corona Corp. (TSE) has expanded its international horizons by purchasing a 7% equity interest in Bond International Gold (TSE) for about $30 million(US). Australia-b…
New zone possible at Dolphin bet
A potential new gold zone at the Cape Ray gold property in southwestern Newfoundland has been announced by Dolphin Explorations (TSE). The new quartz vein discovery occurs on the northeast shore of Bi…
Pioneer gold loan from Pegasus
A $3.1-million working capital loan has been arranged by Pioneer Metals Corp. (TSE) with its major shareholder Pegasus Gold (TSE). The funds will be used for general corporate purposes and for operati…
Pacific Talc bulk sample
Already mid- way through a feasibility program, Pacific Talc (VSE) is hoping to become British Columbia’s only producer of industrial talc products. The company has mineral rights to a large, proven t…
Explorationists give porphyry deposits another look
The recent discovery of the Mt. Milligan porphyry copper-gold deposit north of Fort St. James, B.C., has provided explorationists in the Cordillera with an important new target. But for those in the i…
Inco debenture
Inco Ltd. (TSE) will issue $150 million(US) of 9.875% sinking fund debentures due 2019 in the United States domestic bond market. The debentures will not be offered in Canada. Inco says it will use th…
Marshall completes deal with Eden Roc
Marshall Minerals (ASE) reports it has raised an additional $3.15 million by means of a private placement to a European institutional investor of 1.5 million common shares at $2.10 per share. A portio…
Tombill investment portfolio strong
With its mining interests “on hold” and income from oil and gas covering the company’s operating expenses, Tombill Mines (TSE) is directing its efforts to further increasing the already healthy value …
Elders IXL of Australia announces TSE listing
Australian giant Elders IXL Ltd. has been granted a listing on The Toronto Stock Exchange of 2.5 billion American Depositary Shares. A total of 1.4 million shares are issued and outstanding while the …
Mt. Burgess, Arboyune primed for production
Junior sector companies face the same problems “Down Under” as they do in Canada. Depressed market conditions, brought about by falling gold prices and high Australian interest rates, have decimated m…