BREAKING NEW GROUND
Mining came into the 1980s fat with debt. Now, according to all indications, the industry is closing out the decade lean (in terms of debt-to-equity ratios) and tough (ready to take on the competition…
News
Maintenance REINVENTING THE WHEEL
The life of off-highway tires has Tquadrupled in the space of a few Tdecades. Science and technology involving chemistry, mathematics, physics, mechanics and electronics have brought tires a long way…
COATS trading features (January 02, 1989)
Matt Berry Mines has perked up recently, and this week saw moderate trading activity in the 25 to 43 range. Volume was 163,700 shares. A few weeks ago, this issue had been trading as low as 13 cent…
Baie Verte peninsula discoveries spark exploration boom
Newfoundland’s historic Baie Verte peninsula, site of that province’s earliest copper and gold mines, has once again become the focus of an intensive search for base and precious metals. Over a centur…
Golden Terrace option
Golden Terrace Resources (TSE) has acquired an option to earn a 50% interest in the DeSantis gold property near Timmins, Ont. The option was acquired from Stan North Mining, a private company controll…
Letter to the Editor Are economic sanctions against South Africa
I read your analysis of the Hudson Bay Mining and Smelting operation with some interest. In your editorial Flin Flon shouldn’t suffer for apartheid (N.M., Oct 3/88) by stating “. * * Take any action t…
Cyanide producers expanding to meet growing market
New North American plant capacity for the production of cyanide, the sodium and calcium variety, is in the works. Both E.I. du Pont (sodium) in the United States and Cyanamid Canada Inc. (calcium) hav…
COATS Trading Features (December 26, 1988)
Recently revived Young-Shannon Gold Mines has arranged a private placement of flow-through shares in the amount of $300,000 at $1.00 per share to fund work on its gold property in Chester Twp., north …
Esso expects bids in New Year
Bids will likely start coming in during the first week of January for the assets of Esso Minerals Canada, which were put on the selling block earlier this year by parent Imperial Oil. President Michae…
Aurogin awaits better markets
Declining stock market interest, especially in junior resource issues, has got Aurogin Resources (VSE) looking around for joint venture partners to continue exploration on its properties. “We have qui…
Echo BAy to triple Cove’s gold output
A 14-year mine plan which will see gold output triple at the McCoy/ Cove property of Echo Bay Mines (TSE) in Nevada has been completed by Pincock, Allen & Holt Inc., consulting geologists and engineer…
T. R. V. Minerals
T. R. V. Minerals (VSE) says it has accepted a proposal for a private placement of 8.5 million shares at 15 per share. Also included in the placement are warrants to purchase an additional 8.5 millio…