BP, partners to produce from third Selbaie zone
A third zone will be developed at the joint-venture Selbaie copper- zinc mine in northwestern Quebec, with production to begin during the last quarter of 1988. Estimated cost of bringing the new A2 zo…
Articles by Northern Miner Staff
Letters to the Editor Pickens after coal, not gold?
Reference is made in your article in the Sept 28 issue, “Newmont pushed to wall by gold-hungry Pickens.” The reader questions that Pickens is really interested in gold. He is smart enough to know that…
Sitka Gold formed for Chicagof mine
Three companies involved in the Chichagof mine project 80 miles southwest of Juneau, Alaska, have put their respective interests into a new entity called Sitka Gold. Holding the largest equity positio…
Montreal Exchange Seniors show way
While the junior mining companies have tended of late to be among the active issues on the Montreal Exchange, two of the “senior” mining firms shared the limelight this week. Lac Minerals, which dropp…
Belmoral Mines would buy major interest in Louvem dw
The Quebec mining firm Louvem Inc. has attracted a second suitor. Toronto-based Belmoral Mines says it is prepared to spend $20 million to purchase a majority interest in the Val d’Or gold producer. B…
Reserves could double at Echo Bay’s McCoy prospect
If infill drilling at Echo Bay’s Cove gold deposit produces the expected results, drill-indicated reserves at the Nevada property could double, the company said recently. The Cove deposit is on the sa…
Vista is financing for Bootleg project
Vista Mines reports it has filed a preliminary exchange offering prospectus for a public offering of common shares with the Toronto Stock Exchange, and securities commissions in Ontario, Manitoba, Sas…
Test mill operative in December, say Muscocho, McNellen
A 400-ton-per-day test gold mill under construction in the Goudreau area of northern Ontario could become operative in December, Muscocho Explorations and McNellen Resources report. The joint-venture …
Queries ConRex moves to merchant banking
I am writing to you to find out what happened to the assets of Consolidated Rexpar Minerals which has become part of merchant banking group. When I bought the stock, “ConRex” was 46.9% owned by Deniso…
SMDC/Troymin find gold at Berven project
The Saskatchewan Mining Development Corp.(smdc) has discovered several new gold occurrences with gold mineralization of up to 1.43 oz gold per ton at the Berven Lake project in La Ronge, Sask. The Ber…
OMA changes titles
Adopting structural changes similar to those made by other such associations, the Ontario Mining Association has altered executive titles. Patrick Reid, who was formerly executive director and chief e…
Coats Trading features
In a trading week which produced what analysts called a “mixed bag” of gains and losses, Exxeter Resources emerged as the big winner. After trading at around the 15 cents range last week, the issue w…