News

Vancouver Stock Exchange Trading heaviest in years

While the market momentum has slowed somewhat, trading activity here is still the heaviest in years. Investors have started to take profits but the general market trend continues to be bullish, and wi…


Alberta Stock Exchange Gold stays strong

The upward climb of Monte Carlo Resources has come to a shuddering halt. After adding $1.80 to $2.80 during a four-week period, the issue has tumbled even quicker, back to $2. Monte Carlo has a large …


Thompson-Lundmark gives up interest

Consolidated Thompson-Lundmark Gold Mines has given a 50% interest in its former producing gold property to Ardic Exploration and Development; a private company. Ardic earned its interest in the prope…


Teck, Tundra drift into visible gold

Underground exploration work on a section of the Lamaque gold property near Val d’Or, Que., has encountered visible gold in drift faces. Teck Exploration, which is performing the work funded by Tundra…




Production decision at Farley in ’88

A production decision for the Farley Lake gold deposit is scheduled to be made in 1988, partners Farley Gold and Manitoba Mineral Resources say. Located 25 miles east of Lynn Lake, Man., the deposit h…




Editorial The public sees a good future for mining

It’s heartening to know most Canadians don’t believe that mining in this country is a sunset industry. We know that and the industry knows that, even in a period (with the exception of the gold sect…



ENVIRONMENTAL AWARD for Mine Doyon

La Mine Doyon in northwestern Quebec recently won an award for environmental protection at the eighth annual Mercuriades competition in Montreal. Organized by the Quebec Chamber of Commerce, the Mercu…


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