WESTAR MINING — Jack Smith appointed president succeeding Gary K.
Livingstone who has resigned.
News
Silverside finds gold-bearing zone at Garrison Twp.
A new gold-bearing zone has been discovered on its Garrison Twp. gold property in northeastern Ontario, reports Silverside Resources. And on its Cobalt silver property work is continuing toward an ear…
Minerals analysts plan Nevada met
The Society of Mineral Analysts plans to hold its first annual confer ence from Feb.5-7, 1987 in Elko, Nev. Two days will be devoted to technical papers and exhibits. A tour of the new analytical labo…
Ranald Resources has changed its name to Marlborough Productions
share-for-share basis.
United Reef/Canhorn form joint venture
A joint venture has been formed by United Reef Petroleum and Canhorn Mining Corp. to further explore the latter’s Baird Twp. property in the Red lake area of Ontario. Under the terms of the agreement,…
International flavor to Echo Bay new issue offering
A common share offering, with an international flavor, has been announced by Edmonton-based Echo Bay Mines, the proceeds of which will go to help finance its acquisition of Tennaco’s North American go…
New-wave companies test established leaders’ role
There’s a new breed of mining company emerging on the Canadian mining scene. Characterized by aggressive, acquisition-minded management, they’re challenging established giants of the industry for lead…
Tax Angles: The `At-Risk’ rules (Part 2)
Recent court decisions foiled Revenue Canada’s general attempt to limit a limited partners’ allocation of deductions to the amount of his liability for economic loss or “at-risk” amount. The moratoriu…
Third-quarter profits helps but Pine Point into the red
Although Pine Point Mines posted a healthy $5.2-million profit in the third quarter, the picture for nine months was less than satisfactory. A loss of $4.6 million was reported, compared to a profit …
Editorial: Fleeing Canada’s “economic mess”
In a brilliant coup which startled this country’s financial district s, one of Canada’s top developers, Robert Campeau, single- handedly gained control of Allied Stores Corp., a huge U.S. store chain….
Hydra’s Johnsby property possible heap leach mine
An option deal has been completed between Hydra Explorations’ 50%-owned affiliate Johnsby Mines and a private company concerning Johnsby’s gold property in the N.W.T. Discovery Mines holds the remaini…
McIntyre posts nine-month profit
For the nine months ended Sept 30, McIntyre Mines posted a profit of $1.65 million or 45 cents per share before extraordinary income, compared to a profit of $1.3 million or 36 cents per share in th…