News

Salute veteran broker (head) – MRB

The Toronto Stock Exchange this week saluted Kenneth B. Andras celebrating his 60th anniversary as an employee of a member firm. Born in Toronto April 5, 1909, Mr Andras commenced his brokerage career…



Alberta Stock Exchange Edaton makes gain

An industrial mineral producer, Ekaton Energy, outshone the gold issues by surging 50 cents to $1.65. The company, which operates a kaolin property near Wood Mountain, Sask., is also testing the prop…


Goldex hopes to complete mine evaluation this year

Goldex Mines is hoping to complete an initial underground evaluation at its gold property by mid- year, the company says in its annual report to shareholders. Located in Dubuisson Twp., Que., the prop…


Queries Nordore Mining is long gone

I would appreciate any information on Nordore Mining. Is the company associated with Nor-Quest Resources? M. R. Saskatoon, Sask. We spoke with Nor-Quest Resources secretary treasurer, Don Burchill, wh…


Montreal Exchange — Goldex takes off

With underground drilling just under way, Goldex Mines’ share price took off in anticipation of what that drilling will reveal on the company’s Val d’Or property. Goldex gained $1.13 on the week to cl…



Lac signs agreement with union at Doyon

A 3-year collective agreement has been signed between Lac Minerals and the United Steelworkers of America local 9019, which represents hourly employees at the Doyon gold mine, in Quebec. Owned equally…



Prospectors’ course

British Columbia’s Ministry of Energy, Mines and Petroleum Resources will be sponsoring its annual Mineral Exploration Course for Prospectors again this spring. The course runs from April 23 to May 9 …


Nordac interest sold to Uranerz

In order to eliminate a working capital deficit, Nordac Mining Corp. says it has agreed to sell its 25% working interest in the Mann Lake property, Athabasca Basin, Sask., to Uranerz Exploration and M…


Seabright Expl. to raise $14 m.

A preliminary prospectus has been filed by Seabright Explorations, a subsidiary of Seabright Resources, for a national offering through Levesque Beaubien of flow-through and common shares with warrant…


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