Lacana boosts Mascot interest
Recently boosting its holdings in Mascot Gold Mines to 50.3% (from 49.1%), through the acquisition of about 560,000 shares, was Lacana Mining of Toronto. Lacana says it acquired the Mascot shares (bot…
News
Silverside reports new Garrison zone
A new zone of gold mineralization has been discovered 260 ft north of Zone 5, which trends east- west, on the Garrison property in the Matheson area of northern Ontario, Silverside Resources reports. …
Cal Graphite withdraws reserve and cost estimates for gold bet
A statement of reserves and capital costs for Cal Graphite’s recently acquired gold property near Magdelana de Kino in the Sonora province of Mexico could not be substantiated by formal engineering re…
Stock promoter sentenced for life in 1987 shooting
A stock promoter was recently convicted of second-degree murder in the Toronto shooting of a millionaire stock broker at the 1987 convention of the Prospectors and Developers Association of Canada, an…
Minefinders pleased by drill results
Drilling in 1987 returned encouraging results from a section of a shear zone which appears to extend entirely across the East Group gold property in Dubuisson Twp. near Val d’Or, Que., Minefinders Cor…
Editorial Mining stories abound
Our “Odds ‘n’ Sods” column on this page continues to cover amazingly varied ground. Most, though not all of the columns deal directly or indirectly with mining themes and most, again, relate to an ear…
Lac-Corona hearing is set for Oct 11
Final showdown in the ownership dispute over the Williams gold mine at Hemlo in northern Ontario has been set for Oct 11 by the Supreme Court of Canada. International Corona Resources was awarded the …
Queries O’Brien still under OSC investigation
Can you tell me what happened to O’Brien Energy. The company was listed on the Toronto Stock Exchange, but it disappeared about a year ago. Its chief interest was a geothermal deposit in Nevada which …
Alberta Stock Exchange Barrons chides Borealis
One of North America’s most influential financial publications has taken Borealis Exploration to task for spending flow-through dollars on its Arctic iron ore and gold projects without yet making any …
Letters to the Editor Flew with Fecteau
I enjoyed the article on Arthur Fecteau in the Feb 1 issue of The Northern Miner. It was accurate and revealing. I flew extensively with various air transport companies out of Rouyn, Senneterre and th…
Falconbridge, Minnova sued by Opawica over mine royalty
A lawsuit launched against Falconbridge Ltd. and Minnova Inc. dominated discussion at the annual meeting of Toronto-based Opawica Explorations. Opawica, former owner of the Lac Shortt gold mine proper…
Metal Prices FUTURES PRICES (February 29, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Feb 93.70 93.70 93.60 — 14.90 Mar 94.60 …