Grange looks for partners (May 06, 1991)
A consulting firm was recently hired by Grange Gold (VSE), a junior company looking to investigate possible joint ventures or partnership arrangements for its 50% owned Lovitt Mining. Lovitt owns abou…
Articles by Northern Miner Staff
Toronto Stock Exchange Newmont drilling sparks Atlanta Gold stock
A new “socialist budget” in Ontario and a drop in both Canadian and U.S. interest rates were among the items to be considered during the week ended April 30. There was little in store for mining in an…
Atlanta moves up on Newmont deal
As European investors moved to buy up shares of Vancouver-based gold explorer, Atlanta Gold (TSE), the issue has risen to $2.85 from its April 6 trading level of $1.26 on heavy volume. Investors are b…
Vancouver Stock Exchange Takeover bid could stir market
Trading activity in Vancouver may be stuck in a sideways pattern, but some observers think things could change if a takeover battle begins to heat up over St. Philips Resources. Today, May 1, El Cond…
Pulse drilling in South Carolina
A drilling program recently commenced on the Hinson gold project, about three miles southwest of Jefferson, S.C. Pulse Resources (VSE) can earn a 100% interest in the property by making cash payment…
Inco’s Indonesian subsidiary reports lower revenue, profit
P.T. International Nickel Indonesia, the 58% owned subsidiary of Toronto-based Inco (TSE), recently reported a 48% decline in its first-quarter earnings compared with last year’s levels. P.T. Inco., w…
Adonos placement
Adonos Resources (VSE), an affiliate of Balck Cliff Mines (TSE), reported arranging a private placement involving a minimum of 800,000 units and a maximum of one million units at $1.25 per unit.
Black Hawk to test Kirkland Lake bet
Black Hawk Mining (TSE) says it will begin drilling on a 24-claim nickel property in McElroy Twp. near Kirkland Lake, Ont., after signing an option agreement for the claims. By spending $475,000 on e…
Mineral potential on Indian lands
Completion of a national inventory and data base which identify and rate the mineral potential for economic development on 2,267 reserves across Canada has been announced by Indian Affairs and Norther…
ACTIONS SPEAK LOUDER: FALCONBRIDGE AND THE ENVIRONMENT
It has been said that a picture is worth a thousand words, and A.J. Casson’s painting entitled “The Entrance to Baie Fine” has come to speak volumes about Falconbridge’s commitment to environmental pr…
SUPPLIERS’ NOTES (May 03, 1991)
The Ontario Mine Contractors Safety Association recently appointed the following to its 1991-1992 executive: (Back row, left to right) Dan Sweeney (MacIsaac Mining & Tunnelling), Ron Dion (J.S. Redpat…
A FALCO VETERAN AT THE HELM
Not long ago Frank Pickard, the new president of Falconbridge, calculated the odds were slim that he could land the presidency at the base metal mining company. The owners, Noranda Inc. and Trelleborg…