Noranda finishes CDC share buy
Noranda Inc. waited until the last moment before deciding to exercis e its right to complete its purchase of about 6.5 million shares of Canada Development Corp. from the federal government. “It wasn’…
News
Letters to the Editor Government wants moneyr
Two sentences in your recent editorial on a clear energy policy vivi dly spell out the problem with governments: “To us, the ideal would be to let the market dictate all pricing structures,” and “What…
Montreal Exchange Eider takes wing
Wednesday close, Sept 17 A little-known Quebec company, Eider Resources, was the top trader on the Montreal Exchange this week with 478,900 shares changing hands. The stock’s price gained 25 cents , a…
Saskatchewan opens new geology building
The new geology building of the University of Saskatchewan in Saskat oon will be officially opened Sept 19, by the province’s lieutenant-governor, F. W. Johnson. Built at a cost of $18 million, the ne…
Editorial If you don’t compete, you die
The mining industry should probably sit up and take notice. Some months ago, at an Ontario Mining Association meeting in Toronto, the chairman of the Science Council of Canada, Dr Stuart Smith, roun…
Westley broadens U.S. gold play
Canadian firms are playing a very significant part in the gold exploration activity that is sweeping the western U.S. states. Westley Mines is certainly one of these. This company, reports President V…
Farboro buys two properties, plans financing
Farboro Resources has acquired two properties in northwestern Quebec, the Desboues property covering about 370 ha about 60 km northeast ofLaSarre and the Barry property between Senneterre and Chibouga…
Behre Dolbear
Behre Dolbear & Co., a New York-based minerals industry consulting f irm and a subsidiary of Great Horn Mining, has merged with another minerals consulting firm, Riverside Associates, also of New York…
Echo Bay set to exploreo near Sunnyside gold mine
Sunnyside Gold Corp., a wholly- owned subsidiary of Echo Bay Mines, has signed an option agreement with a U.S. company on ground adjacent to the Sunnyside mine near Silverton, Colo. Echo Bay can earn …
Toronto Stock Market Market slumps as prices reach six-week low
Wednesday close, Sept. 17 It was quite a week on the market and one that more than a few investors would sooner forget. The slide started last Thursday taking its cue from the plunging Dow Jones south…
Over-the-Counter Trading Features (September 22, 1986)
Edda Resources was easier this week, after dipping to 37 cents -42 cents . Last week, the issue was trading over 50 cents . Edda controls some Casa Berardi ground as well as claims in Harker-Holloway …
Coniagas et al show loses during first 6 months of 1986
The Coniagas group of six companies has reported results for the 6-m onth period ended June 30 with three of the four operating companies reporting losses for the period. The group includes Coniagas M…