News

Mining’s unique practices questioned at Lac appeal

Sir Harry Oakes, Benny Hollinger and William Wright, if they were al ive today, would all likely testify that the mineral exploration business in Canada is different from any other commercial enterpri…


Teck will not proceed on Fleck’s platinum bet

In a move that has left Fleck Resources in the words of President Jo hn McGoran”not in the best position,” Teck Corp. has not picked up its option on the former’s 100%-owned platinum group metals (PGM…



Bunting picks Corona

While just about every mining analyst in Canada has outlined various strategies for optimizing returns from the outcome of Lac Minerals’ appeal of a court decision awarding the Page-Williams Hemlo gol…


Court action possibile

Potash producers in Saskatchewan are preparing themselves for the possibility of court action over allegations that they are “dumping” potash onto the market in the U.S. Sources tell The Northern Mine…


Esso cuts values on Cline property

Esso Minerals has completed 15 holes on Cline Development’s Cline Ea st property near Wawa, Ont., says Cline President L. J. Bardswich. Some of the values intersected are as follows: …



Strong holes drilled by Inco and Golden Knight

The first four holes of the latest round of drilling under way at the Golden Pond property in the Casa Berardi area of Quebec, have hit big, project operator Inco Ltd. (60%) and partner Golden Knight …


COATS Trading Features (November 24, 1986)

Falling platinum prices pulled the rug from under platinum players B oston Bay Mines and affiliate Belleterre Quebec Mines. Both issues closed down at $3.50-$4 and 65 cents -70 cents respectively. Bos…


Alberta Stock Exchange: Volumes Hurt by Golds

Wednesday close, Nov 19 Sliding gold prices took some of the steam out of the Alberta Stock Exchange this week, as volumes dried up in generally sideways trading. Oracle Resources was forced to put ou…


Price problems slash earnings for Westmin Res.

Even though the company’s mineral and hydrocarbon production was up sharply, price problems for both combined to reduce Westmin Resources’ 9-month earnings to $5,383,000 from earnings of $24,519,00…


Conwest issues shares

Conwest Exploration Co. has agreed to purchase 1,964,814 shares (a 1 2.6% interest) of Mineral Resources International for $7,015,000. Conwest will satisfy the purchase price through the issue of 719,…


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