Articles by Northern Miner Staff

Homestake signs agreement to purchase Esso holdings

If things unfold as expected, San Francisco-based Homestake Mining (NYSE) could be playing a much more active role on the Canadian exploration scene. A wholly-owned Canadian subsidiary, Homestake Mine…


BP Canada acquires Newfoundland option

An option to acquire four blocks of land comprising 120 claims in north-central Newfoundland has been acquired by BP Canada (TSE) from St. John’s promoter-prospector Lew Murphy. The property, which in…


N.A. Rare/Dundee Palliser close to Vezza gold deal

Partners North American Rare Metals (VSE) and Dundee-Palliser Resources (TSE) are on the verge of a major break through at the Vezza Twp. gold property in northwestern Que. where underground explorati…


analysts’ Comments

A gold producer for more than 30 years, LAC Minerals (TSE) is faring quite well, thank you, and is on target to produce a half-million ounces gold by 1991, that figure not including output from the Pa…


Acquisitor, Stabell pleased by drilling

Further assays from the Vein No 5 area of the Dubuisson gold property at Val d’Or, Que., have been released by Acquisitor Mines (VSE) and joint venture partner Stabell Resources (ME). Hole RS-213, dri…


Min Ven solves problems

A seepage problem that interrupted production last year at MinVen Gold Corp.’s (TSE) Gilt Edge mine in South Dakota is being repaired successfully, the company reports. The South Dakota Department of …


Orofino looks to Scadding for improved balance sheet

Toronto-based Orofino Resources (TSE) was forced to bring out the red ink when reporting its financial results for fiscal 1988. But the 52%-owned Northgate Exploration (TSE) subsidiary, is hoping that…



Atlanta doesn’t welcome U.S. Gold’s buying spree

Denver-based US Gold Corp. has taken a large share position in Atlanta Gold Corp. (VSE) whose principal asset is the Atlanta gold property in Elmore Cty, Idaho. US Gold has been tight-lipped about its…



Minnova/Syngold find ore grade gold at Donalda

Underground exploration is confirming the presence of ore grade gold mineralization at the Donalda gold property, held by partners Minnova Inc. (TSE) and Syngold Exploration (TSE). The property is nea…


Editorial Losing jobs, gaining control

It’s never an easy decision to cut jobs, but in the case of the federal department of Energy, Mines and Resources’ plan to eliminate about 340 positions over the next three years, it’s the right decis…


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