News

Minerals analysts plan Nevada met

The Society of Mineral Analysts plans to hold its first annual confer ence from Feb.5-7, 1987 in Elko, Nev. Two days will be devoted to technical papers and exhibits. A tour of the new analytical labo…



United Reef/Canhorn form joint venture

A joint venture has been formed by United Reef Petroleum and Canhorn Mining Corp. to further explore the latter’s Baird Twp. property in the Red lake area of Ontario. Under the terms of the agreement,…


International flavor to Echo Bay new issue offering

A common share offering, with an international flavor, has been announced by Edmonton-based Echo Bay Mines, the proceeds of which will go to help finance its acquisition of Tennaco’s North American go…


New-wave companies test established leaders’ role

There’s a new breed of mining company emerging on the Canadian mining scene. Characterized by aggressive, acquisition-minded management, they’re challenging established giants of the industry for lead…


Tax Angles: The `At-Risk’ rules (Part 2)

Recent court decisions foiled Revenue Canada’s general attempt to limit a limited partners’ allocation of deductions to the amount of his liability for economic loss or “at-risk” amount. The moratoriu…



Editorial: Fleeing Canada’s “economic mess”

In a brilliant coup which startled this country’s financial district s, one of Canada’s top developers, Robert Campeau, single- handedly gained control of Allied Stores Corp., a huge U.S. store chain….


Hydra’s Johnsby property possible heap leach mine

An option deal has been completed between Hydra Explorations’ 50%-owned affiliate Johnsby Mines and a private company concerning Johnsby’s gold property in the N.W.T. Discovery Mines holds the remaini…


McIntyre posts nine-month profit

For the nine months ended Sept 30, McIntyre Mines posted a profit of $1.65 million or 45 cents per share before extraordinary income, compared to a profit of $1.3 million or 36 cents per share in th…


Big leap in tons, grade reported at Skyline bet

British investors are reported to be at least partially responsible for the heavy trading activity and price appreciation in Skyline Explorations. The stock has been a real mover lately and indeed The…



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