News

Denison opposes oil bid by Greece

Denison Mines will oppose an attempt by the Greek government to acquire a majority interest in the company’s oil and gas operations in the Aegean Sea. At press-time, the company was still awaiting off…


EXPLORATION ’87 SMDC

Saskatchewan Mining Development Corp. (smdc) is playing a major role in the discovery, development and marketing of mineral resources in Saskatchewan. In just over a decade smdc has evolved from an ex…


ORE HORIZONS A Jurassic Epithermal Gold Area

Located some 300 km north of Smithers, B.C., the Toodoggone precious metals area awaits its inevitable development. Over the next couple of years, several development projects may be undertaken in the…


ON THE MOVE Clipper Belt Lacer Co.

Clipper Belt Lacer Co. of Grand Rapids, Mich., has appointed John MacDonald as sales and service representative for the Clipper- Mato Division in the Maritimes. His responsibilities will include servi…


Exploration funds (March 02, 1987)

Camindex Mines and MVP Exploration (1987) & Co., Limited Partnership have entered into an agreement whereby MVP will subscribe for $l,340,000 of flow-through common shares of Camindex at $1 per share….


Quebec study shows flow-through’s value

Flow-through financings between 1980 and 1985 led to 25 potentially profitable mineral discoveries in Quebec, according to a recent study commissioned by the Quebec Prospectors Association and conduct…



EXPLORATION ’87 WESTMIN

With more than a dozen properties in various stages of exploration, Westmin Resources is into a banner mineral exploration season. About $6 million of the work commitments are being financed by junior…


Your Precious Portfolio

Toronto’s three precious metals funds stood up well to the ups and downs of gold prices. The goldbugs were having a field day late last summer when the price of gold popped up through the $440(US) mar…


EXPLORATION ’87 MINGOLD

A new company, Mingold Resources, has been formed to participate in the gold exploration, development and mining business in Canada. Initially the company will be private and owned equally by the Mino…


CROSS CUTS THE BOTTOM OF THE SEA

Cobalt-rich, manganese- oxide crusts, forming a thin layer of mineralization which covers some areas of the ocean floor in shallow water off the west coast of the U.S., have subplanted manganese nodul…


Editorial Flow-through gets at least a reprieve

There was good news — and a little bad news — in Finance Ministe r Michael Wilson’s recent budget, at least as far as the mining industry is concerned. The good news of course is that flow-through f…


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