COATS MacDonald moves up
The shares of MacDonald Mines Exploration moved up 10 cents this week to close at 35 cents . The company is hoping to see production resume later this year at its West MacDonald zinc mine in Dufresnoy…
1989
Letters to the Editor Mining Association’s environmental policy
The main editorial of your recent issue (June 5/89) entitled “Passing grades for environmental policy,” gave The Mining Association of Canada (MAC) a B for its new environmental policy. Although we wo…
Newfoundlan’s exploration potential draws interest
A great deal of exploration news is expected from Newfoundland in the months ahead as this summer’s field season gets under way in what explorationists hope will be another record year. Geologists rem…
Companies honored for reclamation programs
Five British Columbia companies were honored for their reclamation programs at the mine reclamation symposium held earlier this month in Vernon, B.C. “These awards recognize first- class research, inn…
Successful Exploration Requires Skill and Luck
From a speech by Donald W. Kohls, vice-president and chief consulting geologist of Gold Fields Mining Corp., to the American Mining Congress Mining Convention ’88 in Denver, Colo. Successful explorati…
Corona successful in Avalon offer
An offer to purchase all of the outstanding common and preferred shares of Avalon Corp. has resulted in Corona Corp. (TSE) obtaining majority ownership of the North American oil and gas company. Coron…
Promotion a necessary part of attracting investors’ interest
Public interest is often necessary before any junior mining stock becomes active, but how do promoters achieve such interest? Creating public interest in a junior firm hinges on keeping speculators an…
New discovery needed to revive intestors’ interest
How the juniors long for 1987. Mid-1987 to be exact. At that time, the gold boom was reaching its peak and junior exploration companies on every Canadian exchange were enjoying an unprecedented period…
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In the Yukon, the troubled Ketza River gold mine at Ross River is at the centre of a legal dispute between Canamax Resources (TSE) and Belmoral Mines (TSE). Canamax is suing Belmoral for breach of con…
Toronto Stock Exchange Rich copper find sparks buying of Aur,
There’s nothing quite like a hot drill hole to ignite a market stampede. This popular mining adage was reaffirmed this week by the mad rush to get a piece of Aur Resources and Louvem Mining — until j…
Hislop gold project encourages Stroud
Deep drilling by partners Stroud Resources (TSE) and Chevron Minerals on the former Gunnar Gold Mines property in Hislop Twp., Ont., has led to a new geological reserve estimate for the Creek zone. St…
Fifth hole returns positive gold values, Armistice reports
A fifth hole drilled into the Kerr zone at the Virginiatown, Ont., property of Armistice Resources (ME) has returned interesting values, the company reports. Underground hole 22W900-4, between 3,200 f…