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Montreal Exchange Mazarin makes waves

With 422,200 shares changing hands during the week, La Societe d’Exploration Mazarin surged ahead to its highest level since being listed on the Montreal Exchange in 1986. Mazarin peaked at 80 cents …


Mazarin makes major move into Labrador trough area

The Labrador trough area of northeastern Quebec has long been the subject of mineral exploration with some notable successes, but to the west of that regional geological feature exploration has been n…


Control of United going to Europeans

Control of United Mining Corp. could pass to a European group following the completion of a deal between United and a U.S.-based company, El Dorado Gold Mines. Under the terms of the agreement, United…


Investors break records with vengence on the TSE

Records were broken with a vengeance on the Toronto Stock Exchange with investors trading a greater dollar value and a greater volume of shares in 1986 than ever before. Dollar value traded rose to $6…


BP Canada Inc. raising funds for capital use

BP Canada Inc. has filed a preliminary prospectus for an offering in Canada of 3,000,000 common shares at a price of $36.625 per share. The underwriters for the issue are Wood Gundy Inc. and McLeod Yo…


Editorial Uranium could be next on U.S. hit list

Well that was some victory we won(?) in those last-minute negotiat ions to settle that Ottawa-Washington bitter trade dispute over the imposition of U.S.-ordered taxes against our multi-billion- dolla…


Reins of power at Inco changing hands this year

The reins of power will be changing hands this year at Inco Ltd., the world’s largest producer of nickel. Following the annual meeting in April, Charles F. Baird, chairman and chief executive officer,…


Three companies continue drilling northern Que bet

Joint venture partners Golden Triangle Mining Exploration, Monica Resources and Canadian Industrial Minerals Corp. say further diamond drilling will begin early this month to test a geological environ…



Canper drilling in Larder Lake LD

A 4,200-ft drilling program is continuing at Canper Resources’ Katrine-Ossian Twp. gold property in the Larder Lake area of northeastern Ontario, known formerly as the Walsh-Katrine mine. To date, gol…


Drilling extends to 250 m Novamin’s Tonawanda zone

The Tonawanda property, 3.5 miles east of Cadillac, Que., is shaping up into an interesting gold play for joint venture partners Novamin and St. Joe Canada. A gold-bearing zone discovered by two earli…


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