Flow-through offer made by augmitto
Augmitto Explorations has received final receipt from the Quebec Securities Commission for a prospectus offering in Quebec. If completed, the offering will raise a minimum of $2.5 million and a maximu…
News
Klondex starts development on Nevada property
Klondex Mines has completed an arrangement for an immediate drilling and development program on its Fire Creek heap leach gold project in Nevada, a joint venture with Alma American Mining Corp. Two pr…
China key to Tungsten market Cutbacks would help
Supply restrictions by major producers such as China are the only way to improve tungsten prices, yet prices could experience a period of volatility not seen since the early 1970s if such restrictions…
Queries Young-Shannon inactive
I still have 10,000 shares of Young-Shannon Gold Mines held at Hector Chisholm & Co. What chance have they of doing something to get going again? H. A.Kidd, Willowdale, Ont. The chances don’t look ver…
Granges/Windflower results excellent
wo diamond drills now are on the Revelstoke, B.C., property of Windflower Mining, George Zbitnoff, vice-president exploration of Granges Exploration and Gerald Ryzner, P.Eng., president of Windflower,…
Vancouver Stock Exchange Subdued reaction to high gold prices
Wednesday close, Sept. 17 The market reaction here to higher gold prices has certainly been subdued — at least by previous standards. There is still concern that gold prices won’t hold, so investors …
Exploration in high gear for Imperial Metals Corp.y.
Exploration has moved into high gear, says Imperial Metals Corp. Cha irman Hugh C. Morris in a first quarter report to shareholders. Drilling is scheduled for the Cunningham Creek and Takla projects i…
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’…
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…