Flow-through under review, Wilson says
Flow-through share financing for mineral exploration is part of a broad review on tax policy being undertaken by the Department of Finance, Federal Finance Minister Michael Wilson has confirmed. The f…
News
Forbex Mining Resource has received final approval from the Quebec
Securities Commission for a public financing to raise $1,350,6000 to fund exploration activity on its Lac Fortune West property near Rouyn, Quebec.
Nevada on TSE
Shares of Nevada Goldfields Corp. were posted for trading on the Tor onto Stock Exchange on Oct 28. Based in Vancouver, B.C., this company has interests st in three precious metals properties under d…
Financing plan being considered by Gowest
Pending a successful refinancing of Gowest Amalgamated Resources, the company is considering additional drilling on its Denton Twp., Ont., gold prospect, west of Timmins. A 5,000-ft program is conside…
Still holding over $400: Strong dollar key to gold’s slip
When the U.S. dollar strengthened during the past week, gold prices dipped sharply, further evidence that the overiding factor in gold markets continues to be the relative strength of the U.S. dollar….
Brunswick Mining
Brunswick Mining and Smelting reports a loss of $8,090,000 for the nine months ended Sept 30, against a loss of $2,316,000 for the similar period in 1985. Net revenue was $157,504,000 compared with $1…
Moonshine Productions has changed its name to Vanex Resources Ltd.
share-for-share basis.
Robots are not needed to mine Cigar Lake uranium
The Saskatchewan Mining Development Corp. has submitted a mining proposal to federal regulators in Ottawa to approve the start of a test mine entry at about this time next year on the high-grade urani…
Total Erickson entry will spur B.C. bet
The Dome Mountain precious metals project near Smithers, B.C. has moved one step closer to production with the entry of Total Erickson Resources as a partner in the play. Development of the property h…
Alberta Stock Exchange: Tandem volume leader
DWednesday close, Oct 29 Tanner Arctic Oil was the volume leader for another week. The company, which has a whopping 53.8 million shares issued, added 2 cents to close at 20 cents . Tanner has acquire…
Queries: Reactivated Hubert Lake Ungava Mines sitting tight and
** options. ** I am a long-time subscriber to your fine mining newspaper. I am interested in dormant over-the-counter mining companies that change hands and are reactivated. My idea being that if a gr…
Fund managers relish chance to grill top mining executives
There were more pinstriped suits in the room then you’d see at Harry Rosen’s when Gardiner Watson Institutional, a division of Dean Witter Reynolds (Canada), held its annual mining forum in Toronto re…