Investment Comment High hopes for Bryndon
During a recent North American tour, a number of British analysts stopped in at Bryndon Ventures’ Rossland claims just south of Rossland B.C. While it isn’t known how long they spent at the property, …
Articles by Northern Miner Staff
Buckhorn partners sign new royalty agreement
A new royalty agreement has been signed by partners in the Buckhorn heap leach gold mine in Nevada. The agreement clarifies the recovery by Cominco Resources International (76% interest) and Equinox R…
Water — an unknown at Carlin’s deep deposits
Nevada geologists refer to it as the unknown factor in the business of mining gold reserves. In the wake of one thunderous splash, it can put a damper on even the most sophisticated mining plan, or at…
Survey results Timmins area now available
Results are now available from a recently-completed airborne geophysical survey covering an area of 6,000 square kilometres surrounding the city of Timmins, and conducted by Ontario’s ministry of nor…
Texmont to earn 50% of Gowest property (March 21, 1988)
Explorations of Toronto an option to earn a 50% interest in a 14-claim property in Tully Twp., 40 km northeast of Timmins, Ont. Under an agreement, after New Texmont has spent $400,000 within one year…
News in Brief (March 14, 1988)
Valhalla Energy Corp. has changed its name to The Valhalla Gold Group Corp. (vgg:vse) on a share-for- share basis.
CSA net earnings
CSA Management Ltd., which manages several goldfunds, realized net earnings of $970,370 or 35 cents per share for the 9-month period ended Dec 31. This compares to earnings of $2.57 million or $1.17 …
Chesbar starts ramp extension
A 2,000-ft ramp extension program is under way at the Chester Twp. gold project in northern Ontario that will provide access to the 300-ft, 400-ft and 500-ft levels for underground exploration, Chesba…
Books (March 14, 1988)
A Directory of Active Mines in Arizona and a Map of Active Mines in Arizona, published by Arizona Department of Mines and Mineral Resources. The 16-page directory lists 53 companies, including mine, m…
First bulk test on Fontana bet
Bay Resources & Services, a company controlled by St. Genevieve Resources of Montreal, and joint- venture partners Stratmin Inc. and Jilby Industries, both of which have been recently listed in Montre…
Quebec charges Noranda of violating pollution law
The Quebec government has charged Noranda Minerals with three counts of violating provincial air pollution laws. The charges allege that the company’s Horne copper smelter in Rouyn-Noranda, Que., emit…
Mining must adapt to stay competitive, banker says
Mining, like other industries in Canada, must change with the times to remain competitive, the chairman of the Bank of Montreal said at the 56th annual convention of the Prospectors and Developers Ass…