CoCa Mines sought by USMX
Explaining why its recently proposed merger with Pegasus Gold (NASDAQ) ended in failure, CoCa Mines (NASDAQ) said in a shareholder’s letter that it also held serious negotiations with USMX Inc. of Den…
Articles by Northern Miner Staff
Placer Pacific gets Australian prospect
In a package deal that involves two separate agreements, Placer Pacific, a subsidiary of Placer Dome (TSE), has acquired a potential gold producer in Western Australia and a number of other properties…
COATS Trading Features (July 11, 1988)
A holiday shortened week took its toll on COATS-listed issues. Newfield Mines continued firm at $5 on volume of 5,600 shares. The company will be merged with TSE- listed issues Jonpol Explorations and…
Lac Moves on Jonpol project
Trucking of ore from a Garrison Twp., Ont., property to the Macassa mill in Kirkland Lake will be considered by Lac Minerals (TSE), a Lac spokesman tells The Northern Miner. The operation is contingen…
Euro-Nevada’s Hasbrouck property dealt to FMC
Royalty specialist Euro-Nevada Mining (TSE) has granted to FMC Gold, an option to buy its Hasbrouck Mountain Gold property near Tonopah, Nev., for $2.39 million(US), the company said recently. Under t…
Quebec STurgeon group follows St. Andrew lead
A concerted drive toward production at the Stock Twp. property near Timmins, Ont., has made St Andrew Goldfields (TSE) the star in Quebec Sturgeon River Mines’ (TSE) group of four mining companies. Th…
Southern Era Resources
Toronto-based SouthernEra Resources (TSE) has completed an initial public offering in Ontario and British Columbia of one million units at 80 cents per unit, the company said recently. Each unit cons…
Maggie to drill
Diamond drilling is expected to begin in the next few weeks at International Maggie Mines’ (VSE) Indian River property six miles southeast of Squamish, B.C. The property falls under an option agreemen…
More drilling Chance ground
Further exploratory drilling will be carried out on the Kidd Twp. properties of Chance Mining and Exploration Co. (COATS) in the Timmins area this year, President M. Zurowski states in the annual repo…
PDAC seeks gov’t action on Toronto regional office
The Prospectors and Developers Association of Canada (PDAC) is expressing concern over the potential deterioration of services provided by the Ontario Ministry of Northern Development and Mines to the…
Mining engineers
Reno, Nevada will be the site Oct. 13-15 of a presentation Gold Exploration; Techniques and Problems by the Society of Mining Engineers. Technical sessions will include such topics as new models for g…
Busy year for Power at Opapimiskan bets
In a busy year, Power Explorations (TSE) spent $8.6 million on a number of gold properties in the Opapimiskan Lake, Pickle Lake and Dryden areas of northwestern Ontario. The company recently increased…