Correction (April 04, 1988)
Proven and probable oxide ore reserves at Brohm Resources’ Gilt Edge gold property in South Dakota are 6.7 million tons of 0.04 oz gold per ton, not 0.4 oz as stated in The Northern Miner, March 28. S…
News
Normetal options property interest
An option to earn a 25% interest in the Normetal gold property located northwest of La Sarre, Que., has been acquired by Orfinance Resources from Normetal Mining Exploration. To earn its interest, Orf…
Toronto Stock Exchange Modest gains spurred by U.S. economic data
A week of see-saw trading which recorded three consecutive days of declines, took a turn for the better following news from the U.S. that house sales in February increased by 20.3% — the largest such…
Partners Aunore, Nova Beaucage begin bulk-sample program
A program to extract a 15,000-ton bulk sample from the Elder gold project in the Rouyn-Noranda area of northwestern Quebec is under way, joint venture partners Aunore Resources and Nova Beaucage Mines…
Production decision reached for Idaho Gold heap leach mine
Idaho Gold, the operating company set up by Amir Mines (63%), Normine Resources (22%) and Glamis Gold (15%) is proceeding with development of its Buffalo Gulch heap leach mine near Elk City, Idaho. As…
Esso earmarks funds for Shasta claims
A $625,000 exploration budget has been earmarked by Esso Minerals Canada for the Sha gold-silver prospect of International Shasta Resources located in the Toodoggone area of British Columbia. The prog…
Messeguay Mines pulls another good section
A 50-ft-long section grading 0.12 oz gold per ton was intersected on the Launay/Privat property located about 30 miles northeast of Rouyn- Noranda, Que., Messeguay Mines reports. The section was part …
Swayze Res. stakes additional claims
Twelve additional claims have been staked by Swayze Resources in Butt Twp., near Burks Falls, Ont. The company, which is hoping to mine graphite from the property, originally staked five claims in the…
Kasner companies study large deposit in Saskatchewan
Two Kasner Group companies, TSE-listed Lenora Explorations and VSE-listed Mary Ellen Resources, will put the finishing touches on a mine feasibility study late this month. The study is expected to sho…
Kam-Kotia Mines adding sodium sulphate division
The sodium sulphate division of Saskatchewan Minerals, which is owned and operated by the Saskatchewan government, is being sold to Kam-Kotia Mines of Toronto for $12.5 million. The purchase transform…
Denison’s new captain keeps to father’s course
After 35 years at the helm of Toronto-based Denison Mines, Stephen B. Roman died recently leaving his huge energy-resource empire in the hands of his daughter, Helen Roman-Barber, an unproven quantity…
Editorial The pressure of prosperity
Labor negotiations at Inco’s Sudbury operations will be closely watched this year. Quid pro quo may well be the union’s rallying cry. The workers helped out the company when times were tough, they mig…