Articles by Northern Miner Staff

Last year, Noramco Capital gave a dazzling display of coast-to-coast ** fund-raising that netted about $60 million. This year, the company will narrow the field of prospects and concentrate on specifi…

Hudson Bay Exploration and Development, a wholly-owned subsidiary of Hudson Bay Mining & Smelting, will again be concentrating its exploration efforts in northern Manitoba and Saskatchewan in 1988. Th…

In 1988, Falconbridge Ltd.’s surface exploration budget will be $24 million compared with $22.5 million in 1987. Michael Knuckey, vice-president, exploration, says the proportion of expenditures in su…

Esso Minerals Canada plans to spend in the neighborhood of $11 million on gold and polymetallic massive sulphide exploration throughout Canada in 1988. About 70% will be directed toward precious metal…

Echo Bay Mines’ explorationists had their best year ever in 1987, adding nearly seven million proven and probable mineable ounces of gold to the company’s 1986 reserve of 5.6 million oz. This was acco…

The exploration arm of the ubiquitous Pezim group of companies is now known as Prime Explorations (formerly Galveston Explorations). In North America, Prime will be involved in nearly 50 exploration p…

Teck Corp.’s strategy in 1986 and 1987 was to revitalize its portfolio of properties through deals with junior companies that take advantage of the flow-through share funding so readily available to t…

Belmoral Mines and its associated companies will spend more than $30 million in 1988 on exploration and development of existing operations and properties. They are located near Val d’Or, Que. and in t…

The Canadian mining industry loses about $940 million every year because it habitually ignores proper maintenance procedures that could reduce wear and friction in equipment components. That rather st…

Agnico-Eagle Mines has set a $9.6 million exploration budget for 1988. The bulk of the money, about $8.3 million, will be spent on surface and underground exploration for silver in the Cobalt/New Lisk…

The tonnage calculation of the D8 north, D8 south and D9 zones, following the 1987 drilling program at the Delta project in northern Quebec, stands at about one million tonnes of possible and potentia…

A bid by St. Genevieve Resources of Montreal to buy up the outstanding balance of shares of Louvem Mines it does not already own has been announced. St. Genevieve holds an approximate 56% interest in …