Noranda intersects narrow mineralization
Narrow mineralization has been intersected by Noranda Exploration on the company’s optioned gold property near Silverton, B.C. The ground is held under option from Andaurex Resources. Noranda complete…
News
Tantalum demand should stabilize
Demand for tantalum in 1987 should be more stable than in recent years, but supply is less certain, says Roskill Information Services of London. Prices, which rose fourfold in two years to a peak of $…
Toronto Stock Exchange Golds in the driver’s seat help steer
Wednesday close, Nov 26 With golds in the driver’s seat, the market managed to inch its way back above the 3,000 level over the week, but just barely. The golds and silver index netted a gain of close…
Pamour win Heap leaching test success in Ontario
The first successful heap leach test ever in northern Ontario has be en completed by Pamour Porcupine Inc., and the company is gearing up for commercial production next year. The success of the test h…
Pegasus to catapult into major leagues
Silver production from Nevada helped finance the civil war and the metal’s name appears on state licence plates. But far from being the Silver State, Nevada is becoming known as a gold producer — lot…
Correction, Silverside Resources
In the Nov 17 issue of The Northern Miner, in a story concerning the Cobalt silver property of Silverside Resources, it was incorrectly stated that mining, milling, trucking and refining would cost an…
Editorial Mining industry can use the help
Mining needs all the help it can get these days, so on general princ iple it can hardly fault the Association of Mining Municipalities of Ontario for a submission it made recently at a conference on n…
Rayrock has option to buy control of Midland Energy
Midland Energy says a sampling program by Rayrock Resources on its Bellavista gold property in Costa Rica has confirmed previous assay results. Rayrock has been granted a 60-day extension to complete …
COATS Trading Features (December 01, 1986)
Regal Goldfields Ltd. came back to life after rescinding a cease trade order. The issue opened up at 45 cents -55 cents . Regal holds a major interest in a company which is planning to carry out explo…
News in Brief (December 01, 1986)
Tex-U.S. Oil & Gas has called a shareholders’ meeting to approve the purchase of a private company for 2.3 million post-consolidated shares. The company plans to consolidate shares on a 1-for-5-basis …
Montreal Exchange Abby takes high road
Wednesday close, Nov 26 A fairly new listing on the Montreal Exchange, Abbey Exploration, was the most active trader with 243,000 shares changing hands driving the stock up to 70 cents before closing…
Court’s ruling could affect funds’ verdict on Belmoral
After six years of legal proceedings, Belmoral Mines may finally cle ar its name of criminal charges in connection with the death of eight miners at its Val d’Or, Que., gold mine — or it could just b…