Within five months Belmoral Mines hopes to find a buyer willing to spend about $24.9 million for two blocks of shares that, combined, represent up to 27.4% of the company’s equity. In a twist on the W…
The following letter has been sent to Finance Minister Michael Wilson at Ottawa. I would like to take this opportunity to convey to you some of the very strong feelings that many of our member municip…
United Keno Hill Mines reports it has an agreement with NIM and Co., Limited, Partnership — 1987, for the provision to United Keno of flow-through exploration funding. United Keno says it will issue …
“A feeding frenzy” is about the only way to describe it, William F. White, senior vice-president of corporate finance at Merrill Lynch Canada says of the public’s rush for the new issue of flow-throug…
A 20 ft section of gold quartz mineralization has been pulled by D’Or Val Mines in the Discovery vein at its Beacon mine just east of Val d’Or, Que. The vein material in this diamond drill hole, No. 1…
Volumes, fuelled by a gold price which sailed past $417(US) per oz, returned to the Alberta Stock Exchange this week. One of the week’s best gainers was Citadel Gold Mines, which advanced more than a …
Some people dream of waking one morning to find a million dollars on their doorstep. Others buy expensive advice on how to pick lottery numbers. And yet others, a little more daring and, needless to s…
The semi-monthly report as of Dec 31 showed 12,476,508 shares of 642 issues compared with 15,239,477 shares of 626 issues on Dec 15. Larger individual positions included: Amer. Barrick 30,900; Bow Va…
An exploration ramp being put down by operator Chesbar Resources on Murgold Resources’ Chester Twp. property about 70 miles southwest of Timmins, Ont., has reached 1,082 ft and is expected to reach it…
A drill hole on Radisson Mining Ressources’ Douay Twp property in northwestern Quebec’s Casa Berardi area reversed a decline in the new issue that saw its stock price fall to as low as 30 cents . This…
Like the Toronto Stock Exchange, (N.M., Jan 12/87), the Vancouver Stock Exchange broke records in 1986. Volume traded at 3.5 billion shares, establishing a new high surpassing by 12.9% the previous re…
While there will be no output from Agnico-Eagle Mines’ silver division here until its new $2.5-million mill is ready, which now looks like mid-year, there has been absolutely no letup in exploration o…
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