Montreal Exchange A year’s difference
There was little celebration one year ago today when stock markets around the globe collapsed. Not that it was the end of the world; on the contrary, investment life went on, albeit at a somewhat slow…
News
Hidden Lake Gold acquires large property in N.W.T.
An option to earn a 51% interest in the 40,000-acre Camsell Lake property located 115 miles northeast of Yellowknife, N.W.T., has been obtained by Hidden Lake Gold Mines (VSE) from a private claim own…
Drill Program Starts On Oneida’s Maple Leaf Project
A drill program is under way on the Maple Leaf project in the Mishibishu Lake gold camp of Ontario. owned 100% by Oneida Resources (VSE), one of several Applegath Group companies active in the area. T…
Steel demand gaining in strength
Consumption of crude steel in the non-Communist world is expected to rise by 6% this year over 1987 levels, to 478 million tonnes, delegates to the 22nd annual conference of the International Iron and…
People (October 24, 1988)
QUARTZ MOUNTAIN GOLD CORP. — Dr William H. Bird has resigned as a director.
Chile gold boom attracts Canadian firms
Favorable foreign investment laws combined with attractive gold potential have convinced some Canadian mining firms that risk taking in the mountains of Chile is bound to pay off. Currently the third …
Clarification (October 24, 1988)
The Denison-Potacan Potash Company, a partnership of Denison Mines (TSE) and Potash Company of Canada, has been as thorough in its implementation of rock mechanics engineering at its Sussex, N.B., pot…
COATS Trading Features (October 24, 1988)
Atlantic Goldfields announced a share buy-back plan this week. It intends to buy back certain of its issued shares through open market purchases starting Oct 24. The maximum number of common shares to…
Minnova/Rea Gold get approval for B.C. mine
Because going- it-alone to production is proving too costly a proposition for many juniors in British Columbia these days, a good many of the province’s advanced projects seem to be finding their way …
Lead/zinc shipped from Caribou, N.B. by 1989
A new $120-million mine has begun producing concentrates in northern New Brunswick. Lead/ zinc concentrates from the 2,000- tonne-per-day Caribou mine/mill complex should be on their way to Europe by …
Vancouver Stock Exchange Market ignores `black’ anniversary
The anniversary of “Black Monday” (Oct 19/87) came and went without too much fuss in Vancouver, and appeared to have no significant effect either way on trading patterns which have been stuck in a sid…
Alberta Stock Exchange Varna leads again
A Calgary-based company topped the most-active list in Alberta again this week. In much lighter volumes of 300,000, Varna Gold traded as high as 50 and as low as 36 . The issue, which has a promising…