Atlantic Report Maritimes exploration arm
Vancouver-based Four Seasons Resources has established a Maritimes exploration arm, F.S.R. Maritimes Exploration. F.S.R. Maritimes is negotiating an option agreement with Four Seasons whereby it could…
News
Active year for Heenan Senlac
With several promising situations in the works, Heenan Senlac Resources is gearing for an active season, shareholders were told at the annual meeting this week. “We feel quite hopeful”, President Geor…
News in Brief (June 15, 1987)
Ceasar Resources has changed its name to Audre Recognition Systems Inc. on a share-for-share basis.
Near production? Prices are bright
Nobody knows what the price of gold and other precious metals will be next k year at this time, but anybody who has been following the stock market in 1987 shouldn’t have to be told about today’s favo…
Amca Starting small, but aiming high
The spectrum of heap leach gold plays in the southwest U.S. is broad indeed. On one side are multi- million dollar projects expecting to produce more than 150,000 oz of gold per year. And on the other…
Alberta Stock Exchange Jilbey catches the eye
The mover which caught the eye this week was Jilbey Industries, a company which only a month ago was trading in the 60 cents range. The issue closed at a new high of $2.55, up from $1.40 last week. J…
Maritime juniors in the search for gold
Exploration activity was up sharply in the Maritimes during 1986, and this year is shaping up to be even busier. More than 30 junior exploration companies are at work in Nova Scotia, New Brunswick and…
METAL MARKETS Canadian firms Stelco, Dofasco place in top 30
World crude steel production in 1986 totalled 714 million tonnes, down from 720 million tonnes in 1985, the International Iron and Steel Institute reports. Crude steel production of the western world …
Granges, Hycroft sign agreement with syndicate
An agreement has been signed by Granges Exploration and Hycroft Resources and Development with a syndicate led by Bank Gutzwiller, Kurz, Bungener (Overseas) Ltd. for the sale to the syndicate by Hycro…
Toronto Stock Exchange Minews remain bullish at expense of weak U.
Amid all the rhetoric at the Venice economic summit, little concrete support is developing for the battered U.S. dollar. U.S. Treasury Secretary James Baker conceded that the Venetian pow-wow will do …
Juniors more active than ever in Manitoba
Manitoba is currently experiencing considerable mineral exploration and mine development by the junior mining sector. It is possibly the most activity ever by juniors in the province, with more than 6…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (June 15, 1987)
June 9 June 8 June 5 June 4 June 3 Gold London Bullion Dealers afternoon (morning) $US per oz. 452.65(452.05) 456.55(454.40) 453.50(454.70) 452.75(450.25) 453.00(453.35) Gold Bank of Nova Scotia, …