Lac joins Queenston
After losing Northfield Capital Corp. in the Oct 19 market debacle, Queenston Gold Mines has found a new partner to assist in developing the promising Kirkland West gold property, near Kirkland Lake, …
News
Coal companies want Ottawa to engineer a lower dollar (March 21, 1988)
Low-sulphur thermal coal from British Columbia, Alberta and Saskatchewan could compete in the Ontario market without government subsidies, according to members of the Coal Association of Canada (cac)….
727547 Ontario, trustee acquire Citadel shares
727547 Ontario Ltd., Dwight A. Fowler (as trustee) and Prairie Pacific Energy Corp. have entered into an agreement pursuant to which 727547 and Fowler will acquire from Prairie Pacific: * 550,000 comm…
Metal Prices PRODUCER PRICES (March 21, 1988)
ALUMINUM: MW U.S. Market $1.025-$1.06 per lb. (Mar 3, 1988). ANTIMONY: New York dealer $1.09-$1.15 per lb. (Feb 25, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (Feb 18, 1988). CADMIUM: New Yor…
Hudson Bay to mine Callinan ground in ’89
It’s been a long wait for shareholders of Consolidated Callinan Flin Flon Mines, but the 1,200-acre zinc-copper property the company once held in northern Manitoba is now slated to go into production …
Narrow trading range for silver
A trading range for silver between $6(US) and $8 seems reasonable for months to come because of reduced investor interest and the build-up of supplies overhanging the market, said a spokesman for silv…
Our mistake
Contrary to a statement made in an article appearing in the January 25, 1988, edition (“Shabu share trading still subject of rcmp probe”), Harvey Rubenstein was not in fact a director of Shabu Gold Mi…
Alberta Stock Exchange Penway loses ground
While big traders like Argus Resources and Penway Explorations lost ground this week, Calgary- based Gold Vessel added an impressive 50 cents to its share price. Gold Vessel, which closed at $1.70, r…
Hot intersections pulled at Messeguay gold prospect
Montreal-based Messeguay Mines has pulled a hot intersection from its wholly-owned Launay/ Privat property where a new zone is being explored, the company said recently. Weighing in at 64 ft grading 0…
Doran negotiates deal with Lacana
A letter of intent has been signed by Doron Explorations giving Lacana Mining an option to earn a 50% interest in the Cody Ridge silver-lead-zinc prospect near Faro, Yukon. To earn the interest, Lacan…
With new board, and fresh capital, Nor-Quest outlines its new
Equipped with a reorganized board of directors and $2.1 million in equity capital, Nor-Quest Resources has outlined its short-term strategy after a preliminary review of operations. After producing 46…
Camindex still in arrears at Valdez Creek project
A production shortfall at Camindex Mines’ Valdez Creek placer gold mine in Alaska, continues to cause financial headaches for the Toronto-based company. In 1986, ground water flow problems disrupted a…