Obituary Ernest Haigh
Ernest Haigh, a mine accountant who worked in mines across Canada from British Columbia to Newfoundland, as well as in the Yukon and the Northwest Territories, has died in Oakville, Ont., at the age o…
News
Gunnar, City Gold to give Dassen gold bet option
Gunnar Gold Inc. says an agreement has been entered into with Dassen Gold Resources for an option to earn an undivided 50% working interest in the Normetal South property located in Desmeloizes and Cl…
Toronto Stock Exchange Blockbuster week as composite sets record
A powerful price surge both north and south of the border has made it a banner week for investors. With a blockbuster gain of 104.59 pts over the reporting period, the widely followed composite 300 ha…
Lac’s second Bousquet mine More tons, better grade
An initial ore reserve figure of 7.8 million tons grading an average of 0.187 oz gold per ton has been established by Lac Minerals from a new zone near the eastern boundary of its Bousquet property in…
Eldorado burdened by large debt load
Excessive debt is being cited once again as the reason behind losses at Eldorado Nuclear Ltd. The big uranium miner and nuclear fuels manufacturer reported a loss of $12.7 million on revenues of $69.7…
N.S. Chamber Annual Meeting
The Chamber of Mineral Resources of Nova Scotia will hold its annual meeting on Feb 5 and 6 at the Lord Nelson Hotel in Halifax. There will be an opening reception on Thursday evening Feb 5 with the a…
$9.8 million earmarked for Broulan property
A $9.8-million exploration program, most of it earmarked for underground work, is scheduled by Belmoral Mines over the next 14 months for the area between the old Reef and Hallnor mines in Timmins, gr…
Thompson becomes Mingold president
Toronto mining analyst Edward Thompson has been appointed president and chief executive officer of Mingold Resources. The newly formed company is equally owned by a subsidiary of Inspiration Resources…
Royex opts for direct interest in Mahogany’s Jolu property
Royex Gold Mining has apparently given up its intention of accumulating a 50% interest in Canadian Premium Resource Corp. as a means of gaining a stake in northern Saskatchewan’s Jolu gold property an…
Camreco acquires Goldlund and plans drilling program – ld
With plans of a drilling program this year Camreco Inc. is going “to try to make something out of” the Goldlund Mines’ mining and milling operation on 83 contiguous claims near Sioux Lookout in northw…
Scintrex contract
Scintrex Ltd. has signed a $1 million contract with the Ministry of Nuclear Industry of the People’s Republic of China to outfit an aircraft with a complex airborne geophysical system including a high…
Nor-Acme seeks agreement on Snow Lake gold mine
Management of Nor-Acme Mines is hoping to complete an agreement between Nor-Acme and another company within “two to three months,” director David Mosher tells The Northern Miner. If successfully compl…