Drilling underway on Tartan Lake joint venture
The exploration decline at Tartan Lake has now reached a distance of 2,400 ft and is at a vertical depth of 360 ft. The project, a joint venture of Granges Exploration and Abermin Corp., is reported o…
Articles by Northern Miner Staff
Seadrift International has reached an agreement to earn a 49% (November 24, 1986)
Nuinsco Resources’ Aldermac massive sulphide and gold prospect about eight miles west of Noranda, Que. Seadrift must spend $1 million on the property by early 1991 to earn its interest.
Vancouver Stock Exchange: Sliding gold prices not severe
Wednesday close, Nov 19 The impact of lower gold prices on the Vancouver Exchange was probab ly less than expected because non-resource stocks are beginning to play a larger role in the market. Thi…
Falconbridge regains platinum firm investment
Caught in something of a bind, Falconbridge Ltd. has regained its or iginal equity investment (49%) in Western Platinum, a South African producer of platinum group metals, as well as of gold, nickel, …
Cominco completes drilling on vanstates gold bet
Cominco recently completed approximately 6,000 ft of drilling on its Telgar property which falls under an option agreement with Vanstates Resources. Located in Ontario’s Harker- Holloway region, the a…
People (November 24, 1986)
ARGYLL ENERGY — Gary A Tahmazian appointed chief operating officer in addition to his duties as president; James W. Beckerleg elected chairman succeeding Jack B. Whitely who has resigned as chairman …
Editorial: Debating points
From a recent address by Marshall Cohen, president, Olympia and Yo rk Enterprises, and chairman, Gulf Canada Corp. Change has become a very popular topic. Out of it all, a few central points emerge …
Risks to mining in tax reform
Just a few days ago, the Mining Association of Canada met with Fin ance Minister Michael Wilson to set out the mining industry’s views and concerns regarding tax reform in this country, and its possib…
Hudson Bay Mining and Smelting Co. has declared a dividend of 1 (November 24, 1986)
its Special shares payable Dec 1 to shareholders of record Nov 28.
Golden Hope Resources and Golden North Resource Corp. have (November 24, 1986)
under the latter name, both on a share-for-share basis.
Strong holes drilled by Inco and Golden Knight
The first four holes of the latest round of drilling under way at the Golden Pond property in the Casa Berardi area of Quebec, have hit big, project operator Inco Ltd. (60%) and partner Golden Knight …
Gold mimics platinum’s fall, but holds above $385 level
Gold prices tumbled more than 12% from an October high of $442(US) p er oz slipping below the psychologically important $400- level for the first time since August, but the afternoon London price fix …