Prime buys U.S. Grant, brings in Bethlehem
Spreading its tentacles into Montana, Prime Capital has acquired control of U.S. Grant Gold Mining and the U.S. Grant property near Virginia City. Prime and a Vancouver junior, Bethlehem Resources, (V…
News
Editorial “Greenhouse” scare boosts nuclear power
Despite the recently-announced abandonment (after it had been completed) of a major U.S. nuclear power station, other events have offered hope and expectation that there will be no slowing in the worl…
OBITUARY John Black
John Black, a well known mining executive, died recently in North Vancouver. He lived his early days in St. Louis, Miss., and attended Queen’s University before joining Rio Algom in the early years of…
Breakwater buys control of Noramco
Breakwater Resources (TSE) has completed the purchase of 3.2 million shares or 19.9% of the issued capital of Noramco Mining (TSE) for an aggregate consideration of $20.8 million. Of that amount, $6 m…
Letters to the Editor Reader would like U.S. listings
As a subscriber to The Northern Miner, and an ardent follower of current events in the mining community, I would like you to know that your paper’s editorial content is appreciated and well-respected….
Golden Myra latest player in Goudreau-Lochalsh camp
The latest player in the Goudreau-Lochalsh mining camp northeast of Wawa, Ont., is Golden Myra Resources (TSE). Newly-listed, the company completed a share offering which netted $756,000. The funds wi…
HSK agreement
Toronto-based HSK Minerals (TSE) has entered an agreement with CMP 1988 Resource Partnership and Co. Ltd. (CMP), in which CMP will subscribe for shares of HSK on a flow-through basis for a considerati…
Lencourt to merge with Quill Res.
Lencourt Ltd. (TSE) has agreed to amalgamate with a Toronto- based private exploration company called Quill Resources. According to Lencourt, a letter of intent has been signed in which the company ha…
PDAC planning seminars on mine finding, financing
Need to know more about the finding, development and financing of mines in Canada? The Prospectors and Developers Association of Canada is aiming to fill the gaps in knowledge on these subjects, throu…
Toronto Stock Exchange Volume wilts as summer doldrums take hold
Rising interest rates have put a lid on the summer rally — at least for the time being. Combined with summer holidays and investor concerns over inflation and the economy in general, our review week …
Energex program in Toodoggone expected to cost $1.5 million
Mobilization for a $1.5-million exploration program on Energex Minerals’ (VSE) Al project in the Toodoggone area north of Smithers, B.C., is under way. The program is designed to increase reserves of …
Jerome, Muscocho inching towards Swayze mine goal
Jerome Gold Mines (ASE) has arranged for a private placement through First Toronto Capital Corp., to fulfill its obligations at the Jerome mine joint venture at Swayze, Ont. Under an agreement with pa…