LAC swallows rest of Bond Gold
Bond International Gold became a wholly owned subsidiary of LAC Minerals (TSE) on the last day of August, after a scheme of arrangement for the takeover was sanctioned by the Grand Court of the Cayman…
Articles by Northern Miner Staff
LAC finds 850 missing shareholders
After a summer of sleuthing on behalf of LAC Minerals (TSE), Ewan Mason and Vangie Mamoukarys are satisfied they have done everything possible to find the company’s “missing shareholders.” O.Tut of a …
Aurtec feasibility under way
A $500,000 feasibility study on the Bakoudou gold mining property in Gabon is progressing smoothly, reports Aurtec Mining Development (ME). The company hopes to bring the deposit, which contains a pre…
PDAC Perspectives (September 09, 1991)
Years ago, there was a popular saying, “Tough times don’t last, tough people do.” For the junior mining industry, we sure hope so, because 1991 is being a tough year. Due to adverse changes, little ne…
PEOPLE (September 09, 1991)
Brian Staples appointed director.
Rio’s Elliot Lake workers accept 3-year wage contract
Pensions were given top priority by unionized employees at Rio Algom’s (TSE) Elliot Lake, Ont., operations, who voted recently to accept a new 3-year wage contract. Roughly 74% of Rio Algom’s maintena…
Meston gets extension for option on MSV’s Eastmain
A joint venture agreement between Campbell Resources’ (TSE) subsidiary Meston Lake Resources and MSV Resources (ME), scheduled to expire March 31, has been extended for an indefinite period of time. T…
Record output for Campbell
A record first-half gold production of 43,700 oz. was reported by Campbell Resources (TSE) from its Joe Mann mine near Chibougamau, Que. The mine also turned out 783,000 lb. copper for Campbell, which…
Jordex looking at laterite nickel deposit in Venezuela
A Venezuelan company 50% owned by Jordex Resources (VSE) recently received the exploration and mining rights for the Loma de Hierro nickel deposit in Venezuela. Inco originally owned the concessions a…
Slate resource waits to be tapped
A geological consultant based in St. John’s, Nfld., says he has outlined a 350-million-tonne slate resource on his properties on Random Island, in the eastern part of the province. Using a conservativ…
EDITORIAL PAGE (September 09, 1991)
They’re not building mining towns anymore, and that may be just as well. But new mines can still contribute dramatically to the economic well-being of outlying areas and generally bolster regional dev…
Near reserve threshold Brewery Creek work continues
Partners Hemlo Gold Mines (TSE) and Loki Gold (VSE) plan to spend a further $1.2 million this year to better determine the reserve potential of the Brewery Creek gold project, some 35 miles from this …