OSC charges 24 in Osler collapse
Charges dealing with securities offences related to brokerage house Osler Inc. which collapsed in 1987 with debts of about $60 million, have been laid by the Ontario Securities Commission (OSC) agains…
Articles by Northern Miner Staff
Mining Man of the Year Gill’s place secure as Louvicourt discoverer
As a rookie scuba diver and recent explorer of Australia’s Great Barrier Reef, James Gill, 40, is already dreaming of looking for hidden treasures in shipwrecks deep beneath the Caribbean. But even …
Golconda bullish on results from California gold project
Golconda Resources (ASE) says it has been encouraged by results at its Star City gold property in California where the next exploration phase will involve an attempt to outline open pit reserves. Golc…
VSM, Onitap deal
VSM Exploration (ME) has signed an option agreement with Onitap Resources (TSE) which gives VSM the right to earn a 50% interest in Onitap’s 118-claim property in Tonnancourt and Josselin twps., Que. …
New DRX chairman bids to cash in on mineral assets
As the new chairman of New York-based DRX Inc., Howard Butcher says he will attempt to refocus the company toward the acquisition and development of resource properties. Butcher was recently appointed…
Cassiar agrees to develop Quebec graphite deposit
The agreement is still subject to a due diligence review and shareholder approval, but Cassiar Mining (TSE) has set the stage for yet another diversification away from asbestos. This time the Vancouve…
Canada’s oldest Law firms
Two of Canada’s oldest law firms with strong ties to the mining industry are merging. Day, Wilson, Campbell has signed a merger agreement with Holden, Murdoch and Finlay to create Holden Day Wilson, e…
Canyon Resources expansion hinges on Addwest acquisition
Although Canyon Resources (NASDAQ) is best known for its minor interest in the advanced Beartrack deposit in Idaho, the Colorado-based company also has ambitious plans to become a gold producer in exc…
Bank terminates gold loan on ERG’s tailings project
The struggling tailings treatment project of ERG Resources (TSE) at Timmins, Ont., is in financial hot water. An Australian bank has terminated the company’s gold loan agreement. ERG, 61.6% owned by P…
Golden Crescent drilling on two Placer Dome bets
Toronto-based Golden Crescent Resources (ASE) says an 8,400-ft drill program has started on the Detour Lake joint venture property, optioned from Placer Dome (TSE) earlier this year. The property, kno…
Letters to the Editor Which way to Mecca?
In the first half of 1981 in West Africa, as part of a Canadian prospecting team, my duties took me far afield from our base camp. After the usual meeting with the local headman & council, and since m…
Geological Survey Minerals Colloquium set for Ottawa
The Geological Survey of Canada will hold its first Minerals Colloquium in Ottawa, Jan 17-18, at the Ottawa Congress Centre. The colloquium will immediately follow the GSC’s Forum 1990 (Jan 15-17) at …