Murgold offering raises $690,000
Recently listed for trading on the Toronto Stock Exchange (symbol mgd), Murgold Resources reports it has completed an offering yielding the company $690,000. Murgold, which also trades on the Vancouve…
News
Fleck commences Ireland venture
Vancouver-based Fleck Resources says it has started a joint venture exploration program with Westland Exploration in Ireland’s Carlingford region. According to Fleck director John McGoran, an explorat…
2.5-km, $65 conveyor belt key to Highland Valley transformation
Visitors travelling the Highland Valley highway at Logan Lake, B.C., last year must have wondered what was going on at the Highland Valley Copper mine site. Slowly taking shape, like some ancient Egyp…
COATS Trading Features (January 18, 1988)
Trading activity has improved on coats following the dismal performance recorded in November, 1987. During that month, the average daily value of shares traded fell to a record low of $1 million. Tota…
Metall Mining close to deal on Australia metals acquisition
It has yet to announce the major acquisitions which were promised during a June, 1987, launching, but executives from Toronto-based Metall Mining were far from subdued during a recent press conference…
Viscount/Skylark start silver-gold production
Production started early December at Viscount Resources’ 50%-owned O.B. silver- gold mine at Greenwood, B.C. The project is a joint venture with Skylark Resources, which is operator. About 80 tons per…
Getty directors agree to accept Total offer
The board of directors of Getty Resources has advised its shareholders to accept the revised offer proposed by Total Resources. Although still claiming that Getty’s underlying value exceeds the $11 of…
Noramco a producer after merger
Following the completion of an amalgamation between Noramco Mining Corp. and affiliate companies Highland-Crow Resources and Emerald Lake Resources, effective Jan 1, Noramco will be exposed to gold pr…
People (January 11, 1988)
Lead Industries Association — Jerome F. Smith appointed executive director succeeding Werner T. Meyer who has resigned.
Scrap steel study updated
Tendencies outlined five years ago in a study on scrap and the steel industry have materialized at a faster rate than expected, says the International Iron and Steel Institute. The institute recently …
Aber, Hemisphere have 2 drills on Sunrise property
Drilling results 70 km northeast of Yellowknife, N.W.T., have been encouraging enough for Aber Resources and Hemisphere Development Corp. to change the name of their jointly owned property from Sunset…
Northair pulls 91-ft hole of 0.34 oz gold at Willa
Underground diamond drilling by Northair Mines at its Willa property in southeastern British Columbia is continuing to obtain good gold values, President Donald A. McLeod reports. Hole 87-312 was dril…