SMDC/Troymin find gold at Berven project
The Saskatchewan Mining Development Corp.(smdc) has discovered several new gold occurrences with gold mineralization of up to 1.43 oz gold per ton at the Berven Lake project in La Ronge, Sask. The Ber…
1987
Court upholds Hemlo decision
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…
New financing for Wrightbar
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. …
Belmoral names new chairman
A new chairman and chief executive officer has been named at Toronto-based Belmoral Mines. Kenneth Dalton, who was the company’s executive vice-president and chief financial officer, assumes the top p…
OMA changes titles
Adopting structural changes similar to those made by other such associations, the Ontario Mining Association has altered executive titles. Patrick Reid, who was formerly executive director and chief e…
Coats Trading features
In a trading week which produced what analysts called a “mixed bag” of gains and losses, Exxeter Resources emerged as the big winner. After trading at around the 15 cents range last week, the issue w…
Goldteck offering raises $6,105,000
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…
Teachers see mining in first- hand tours
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…
Pamour group heating up gold excitement in Timmins
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…
Fun Fair Winners
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…
Mining industry backs spirit of free trade deal
While the terms of the new Canada, U.S. Free Trade agreement are still shrouded in generalities, a number of top mining officials were expressing guarded optimism regarding its effect on the industry….
Queries Nucal suspended in Vancouver
Would you please provide a corporate overview on two stocks listed on the Vancouver Stock Exchange? They are Nucal Resources and Lawrence Mining Corp. I am particularly interested in their total shar…