News


OSC to implement new juniors policy

The Ontario Securities Commission is expected to issue a new policy on financing junior resource companies during the first week of February. The new policy is expected to be implemented April 1. The …


Oil and gas listings deleted from tables

In order to provide space for the dramatic growth in the number of mining stocks listed on all Canadian stock exchanges, we have deleted from our stock range tables those listings which are solely inv…




Kam-Kotia selling Davis-Keays shares

Control of a company with an undeveloped copper property in northern British Columbia is being sold by Kam-Kotia Mines of Toronto to a numbered company in Vancouver. President of the numbered company …


COATS Trading Features (February 08, 1988)

A takeover offer for all the shares of Newfield Mines has been made by Toronto-listed Jonpol Explorations. Jonpol is offering one common share for each Newfield share. Jonpol ended the day at $1.90 wh…


Aumisko listed

Montreal-based Aumisko Exploration, incorporated early in 1987, was recently listed on the Montreal Exchange. Aumisko currently has interests in four properties, all in northwestern Quebec: one near t…


Nevada Goldfields profits boosted by new mine

Gold production from Nevada Goldfields’ Kingston mine near Reno, Nev., helped boost profits for the first half of fiscal 1988 to $1,968,844 on sales of $9,480,328. The company sold 20,787 oz gold and …


Noranda pulls out from Andaurex joint venture

Following a decision by Noranda Exploration not to exercise an option on the L.H. gold property near Silverton, B.C., Andaurex Resources of Toronto says it will retain a 100% interest in the property….


On the Move (February 01, 1988)

Judith Erola has been elected a director of Inco Ltd. She is president Pharmaceitical Manufacturers Association of Canada and served as federal mines minister in the early 1980s. A new reorganization …


Drilling begins at Garrison bet

Drilling by Proteus Resources has commenced on a 106-claim group property in Garrison and Thackeray twps. in northern Ontario, the Toronto-based company reports. Lac Minerals, which may earn a 50% int…


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