1987

Changes announced in senior raks by Placer Dome

Senior appointments by Placer Dome Inc. include some changes over those announced at the time of the formation of the big new gold company. A joint statement from Chairman Fraser Fell and President an…


Editorial Mr. Pezim’s new bank

Until recently Canada’s banking industry exuded an image of ultra conservatism that, to some extent, was expected by the general public. Let’s face it, you wouldn’t want your friendly banker to arrive…


Franco-Nevada will add to Carlin royalty portfolio

As a renowned poker player and would-be cowboy, Seymour Schulich has taken a gamble or two during frequent sojourns to the Silver State. But when it comes to running Franco Nevada Mining Corp., Mr Sch…


Cal Graphite defies critics with production decision

Lively, Ont.-based Cal Graphite has confounded the skeptics by announcing production at its Graphite Lake property near Huntsville, Ont. Located in Butt Twp. the 1,000-acre property has been the subje…


Aber land position has PGM potential

A large land position covering a new type of geological environment for gold and platinum group metals has been picked up by Aber Resources in the Northwest Territories. Victor A. Tanaka, vice-preside…


Chelsea secures new financing

Two private placements have been completed by Chelsea Resources which will net the company $2.4 million. In addition, it has a commitment to place 400,000 units consisting of one share at $5 and a war…


COATS Trading Features (October 26, 1987)

The market collapse of Oct 19, which is becoming known as the infamous Black Monday, made certain not to ignore the poor cousins of the Toronto Stock Exchange — the coats-listed issues. Chance Mining…


Hysteria fuels collapse of ’87

Like lemmings, investors swarmed over the precipice, pulling global stock markets into a crash the likes of which has never before been witnessed in financial history. Black Monday, as the investment …


Nexus Group busy on Island-2 col 24TR Inside please

The largest recipient of flow-through dollars from First Exploration Fund 1987 is the Nexus Group which includes Nexus Resource Corp., Angle Resources and Reward Resources. The companies have signed u…


Grandview to sell Carson Hill mine 1 col 16tr

Grandview Resources is considering the sale of its Carson Hill gold mine in California. Investment banking firm Bear, Stearns & Co. is providing financial advisory services for the possible sale. Seve…



Huldra silver find looks impressive 1 col 18TR

A high grade silver discovery has been made 55 miles north of Hope, B.C., by Huldra Silver. Diamond drilling has proven to be unreliable in delineating the extent and grade of the discovery which typi…


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