Salute veteran broker (head) – MRB
The Toronto Stock Exchange this week saluted Kenneth B. Andras celebrating his 60th anniversary as an employee of a member firm. Born in Toronto April 5, 1909, Mr Andras commenced his brokerage career…
Articles by Northern Miner Staff
Royex pays $52.3 million for control of Lacana
The purchase of a controlling 36% interest in Lacana Mining Corp. has been completed by Royex Gold Mining Corp. Representing 4.7 million Lacana shares, the control block was purchased from Westmin Res…
Drilling under way on Diana, CFC bet
Drilling has begun on the Queylus Twp., Que., gold property held under option by Diana Resources. Project operator Corporation Falconbridge Copper plans to spend $427,255 on the property following up …
Davidson Tisdale officers come under fire at meeting
The fiery tartan colours of clan Stuart have finally come back to haunt the board of directors of Davidson Tisdale Mines. At a special meeting of shareholders, mining promoter Charles Stuart, bedecked…
Coxheath underground on Nova Scotia gold property
An Alberta-listed junior mining company, Coxheath Gold Holdings, made an important tactical move in 1986. Early in the year, the company’s technical advisory committee recommended they concentrate the…
High grade drilled on Jilbey’s Fontana
A high grade section has been drilled by partners Jilbey Industries and Bay Resources and Services on the Fontana property in Duvernay Twp., Que. Hole 6 was spotted 1,600-ft northwest of the Fontana …
MRI finalizes rights offering
The terms of the rights offering of Mineral Resources International (MRI) to the holders of its common shares has been finalized. Under the terms of the rights offering fixed by the board of directors…
Vancouver Stock Exchange VSE index nears all-time high
The Vancouver market hasn’t been quite as volatile as New York and Toronto but it’s been climbing steadily and is now within 18 points of its all-time high. Lower interest rates, stable gold prices, a…
Eldor drilling buildswe tons at the Cheminis deposit
A major 50,000-ft diamond drilling program is adding tonnage to known reserves on the Larder Lake, Ont., property held by partners Eldor Resources, Kerr Addison Mines, Northfield Minerals and Northern…
Editorial Centre of Excellence
The Speech from the Throne delivered in Ontario’s legislature last year announced the creation of a Premier’s Council charged with a mandate to “steer Ontario into the forefront of economic leadership…
Red ink for Sherritt Gordon
Unable to withstand the unrelenting pressure of weak fertilizer prices, the bottom line of Sherritt Gordon Mines has caved in with a loss, before unusual item, of $3.2 million for the year ending Dec …
Skyline hopes to start at 200 tons per day
Some detailed information has been made available to the public about Skyline Exploration’s Reg property in northwestern B.C. At this stage, management is confident the property could support a 200-to…