Editorial Mr. Pezim’s new bank
Until recently Canada’s banking industry exuded an image of ultra conservatism that, to some extent, was expected by the general public. Let’s face it, you wouldn’t want your friendly banker to arrive…
News
Franco-Nevada will add to Carlin royalty portfolio
As a renowned poker player and would-be cowboy, Seymour Schulich has taken a gamble or two during frequent sojourns to the Silver State. But when it comes to running Franco Nevada Mining Corp., Mr Sch…
Results confirm platinum potential, Oasis says of Delta
Preliminary results from zone D-8 North, D-8 South and D-9 confirm the platinum potential of the Delta project in the Ungava region of northern Quebec, Oasis Resources says. The project, which covers …
Oasis, Messeguay earning interest in Joubi property
An option to acquire a 49% interest in the Joubi property at Val d’Or, Que., has been obtained by Oasis Resources and Messeguay Mines from Western Quebec Mines. The agreement, subject to regulatory ap…
Northway, Aur report encouraging results
Encouraging gold values have been intersected in the first two drill holes of an exploration campaign on the Bargold property in Barraute Twp., 30 miles north of Val d’Or, Que., Northway Explorations …
Too much emphasis on gold?
The mining industry’s heavy emphasis on gold is endangering the continuity of Canada’s base metals sector after the mid-1990s, warns the federal Department of Energy, Mines and Resources. “A projectio…
Tailings projects highlight Pamour’s $100-million plans
The Pamour Group of companies — Giant Yellowknife Mines, operator of five mines in Timmins and one in Yellowknife; ERG Resources, operator of a tailings retreatment project in Timmins; and Pamorex In…
Cal Graphite defies critics with production decision
Lively, Ont.-based Cal Graphite has confounded the skeptics by announcing production at its Graphite Lake property near Huntsville, Ont. Located in Butt Twp. the 1,000-acre property has been the subje…
Central Crude encouraged by Eagle River results
Central Crude of Toronto has released results of preliminary work at the company’s 118-claim Eagle River project in the Mishibishu Lake area, 40 miles southeast of Hemlo, Ont. The claims were optioned…
Aber land position has PGM potential
A large land position covering a new type of geological environment for gold and platinum group metals has been picked up by Aber Resources in the Northwest Territories. Victor A. Tanaka, vice-preside…
Chelsea secures new financing
Two private placements have been completed by Chelsea Resources which will net the company $2.4 million. In addition, it has a commitment to place 400,000 units consisting of one share at $5 and a war…
COATS Trading Features (October 26, 1987)
The market collapse of Oct 19, which is becoming known as the infamous Black Monday, made certain not to ignore the poor cousins of the Toronto Stock Exchange — the coats-listed issues. Chance Mining…