Alberta Stock Exchange: Golds trade lower
Wednesday close, Oct 15 Lower gold prices were behind the sideways trading activity on the Alb erta Stock Exchange this week. Volumes were an uninspiring 4.4 million shares. Several mining issues mad…
Articles by Northern Miner Staff
Cyanide technology could save gold miners thousands
Three major gold producers, Lac Minerals, Campbell Red Lake Mines and Dickenson Mines may soon become the first gold miners to take advantage of a revolutionary piece of cost-saving technology develop…
Barrick issues bond
American Barrick Resources’ wholly-owned, indirect subsidiary Barrick Resources (USA), has issued a gold-linked Eurobond, guaranteed by American Barrick, to raise $50 million (US). The notes mature Oc…
Books (October 20, 1986)
A Study of Active U.S. Gold Mines, 370 pages. Published by Metals Economic Group, 1722 14th St., Boulder, CO 80302 U.S.A. Telephone (303) 442-7501. Laws and Regulations Governing Mineral Rights in Ari…
Yorbeau Resources has filed a final prospectus in Quebec for a
offering to raise $7,502,500. The offering consists of 3.25 million units, each unit consisting of one common share and one-half a purchase warrant, at 77 cents per unit, and, separately, 3,125,000 r…
Nova Beaucage gets $1.1 million financing
A $1.1-million financing has been completed by Nova Beaucage Mines. The cash will be used to fund an expanded underground program on the company’s 35%- owned Elder mine project near Rouyn, Que. The pr…
Rafael Resurces has changed its name to Biologix (B.C.) Ltd. on a
share-for-share basis.
McAdam Resources has taken an option to acquire the old McWatters
about six miles southeast of Rouyn, Que. McAdam has to pay the vendor, Jack Stoch Geoconsultant Services, $500,000 over three years, 250,000 shares of McAdam with a 5-year option to buy another 125,00…
Editorial: Industry urged to support research centre
If ever a project deserved the support of the mining industry in this country, it’s the new Earth Sciences Centre at the University of Toronto. A funding program for the new $46-million facility, du…
Cons Professor starting final push at Shoal Lake
Field crews have been mobilized and dewatering of the Shoal Lake mine workings is expected to start within a week, G. R. Cunningham- Dunlop, president of Consolidated Professor Mines, told a special m…
Carl Creek Resources and Tanqueray Resources have amalgamated to
Tanqueray Resources Ltd. on the basis of share-for-share for Tanqueray and 1 new share for each 4 Carl Creek shares.
CME Resources has changed its name to CME Capital with the common
redesignated as class A voting, particpating shares. Trading in these shares on the Toronto Stock Exchange started Oct 15 under the new name.