1987

An Ontario Court of Appeal decision this week re-affirming an earlier court ruling to award International Corona Resources the Page Williams gold mine put into production by Lac Minerals in northern O…

Toronto-based Tyranex Gold has completed a private placement of 200,000 units, each unit comprising one company common share and one common share purchase warrant to purchase a single common share at …

Drilling continues at the Normetal property of Normetal Mining Exploration in northwestern Quebec, where results from two holes have been made available. Hole 87-18, over a true width of 22.1 ft, retu…

Northfield Capital Corp. of Toronto and a private company called Canadian Ore Mining are about to take a $50-million gamble which they assume is a safe bet. In signing a letter of intent to earn a 50%…

Shortly after it was announced that International Corona Resources had won control of the Page- Williams gold mine at Hemlo, Ont. (see separate story, page 1), a swarm of news releases flew out of 155…

ALUMINUM: MW U.S. Market 83.50 cents -86.00 cents per lb. (Oct 1, 1987). ANTIMONY: New York dealer $1.12-$1.16 per lb. (Sept 3, 1987). BISMUTH: New York dealer $4.75-$4.90 per lb. (Sept 17, 1987). CA…

Ownership of the biggest gold mine in Canada has moved another — and possibly the final — step towards International Corona with the loss of Lac Minerals’ appeal against the initial judgment. Lac ma…

A new flow-through financing worth $4 million has been arranged by Wrightbar Mines, with Imex 1987 Ltd. Partnership, for exploration work on the company’s Bourlamaque property in northwestern Quebec. …

Gross proceeds from a recently completed public offering of 1.35 million class A units and 2 million class B units were $6,105,000, Goldteck Mines reports. Each class A unit consists of one 1987 depos…

The mining industry in Ontario, through the Ontario Mining Association, has made a determined effort to acquaint the province’s teachers with the size, scope and importance of the industry. The oma s…

Miners have been pulling gold ore out of the ground here for more than 75 years. But the excitement of finding new gold orebodies has never been stronger than it is today — thanks largely to the Pamo…

There were three big prize winners at the recent Country Fun Fair of the Women’s Association of the Mining Industry of Canada. More than 550 people (not counting innumerable children) braved some driz…