New financing has been arranged by Rado Reef Resources that should see its gold-silver mine near Cortez, Col., through to production. Rehabilitation of the underground workings is already under way, a…
Drilling by partners MacMillan Energy and Granges Exploration on their Mishibishu property west of Wawa, Ont., has cut gold values ranging from 0.13-0.79 oz gold per ton. The drill program is confirmi…
Following on market downturns in Toronto and New York, which have seen sharp decreases in share prices, volumes were well down in recent weeks. Even major traders were relatively quiet as investors pl…
Spectacular shows of gold have been confirmed by the Saskatchewan Mining Development Corp on ground held by the company and partners in the La Ronge area of northern Sask. smdc geologists are taking c…
It is finally becoming widely recognized that Mr Wilson’s tax reform proposals will gradually reduce the tax advantages of flow- through shares so that, when the reform measures are fully implemented …
Much to its relief, Teck Corp. has concluded an agreement to incorporate its dormant Highmont plant into Cominco and Lornex Mining’s Highland Valley Copper project in southwestern B.C. Teck President …
Officially opening its D’Or Val Mines gold mine near here this month was the Vancouver-based Hughes-Lang Group. About 650 people attending the ceremony saw D’Or Val Mines President Frank Lang, instead…
A merger agreement between Cambior Inc. and Sullivan Mines has been announced by Cambior President Louis Gignac. Cambior, which currently has a 35% stake in Sullivan, plans to increase to 100% its sha…
Exploration ’87, otherwise known as the “Third Decennial International Conference on Geophysical and Geochemical Exploration for Minerals and Groundwater”, has attracted a distinguished slate of the w…
An agreement has been completed between Golden Range Resources and Mingold Resources, a 100%-owned affiliate of Inspiration Resources Corp. and Minorco Canada. Under the terms of the deal, Golden Rang…
Higher reserves are expected by Normetal Mining Exploration following the first phase of drilling on property in Desmeloizes and Perron Twps. in northwestern Quebec. The drilling, financed by La Sarre…
In the Sept 4 issue of The Northern Miner, we reported that Franco- Nevada Mining had losses of $409,000 for the 6-month period ended June 30, 1987. In fact the $409,000 reported was accumulated over …
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