J.A.G. confident about gold bet
J.A.G. Mines continues to feel confident about its Malartic gold property in northwestern Quebec, President Pierre Gevry writes in the annual report. A new drilling campaign this year is following up …
Articles by Northern Miner Staff
Queries No, Handley does not have a mine
I would like some information with regard to some shares I own in Handley-Gerlach Mines. They were given to me by my brother-in-law in his will and I would like to find out if: the shares are any good…
Nor-Quest bid for Northair a “property grab”
A formal offer has been made by Nor-Quest Resources for control of Northair Mines which is now preparing a fairness opinion on the proposal. The hostile takeover bid has already been denounced by Nor…
Montreal Exchange Abitibi Metal active
While trading activity was generally moderate this week on the Montreal Exchange, one mining firm, Abitibi Metal Mines, managed to turn over more than 900,000 shares. Abitibi Metal, which closed down …
Lacana boosted by Mascot Gold purchase
Following a banner year in 1986, in which the company recorded net earnings of $9.6 million (80 cents per share) after extraordinary items, Lacana Mining is looking ahead to even better returns this …
Redpath publishes mining cost book (June 29, 1987)
Junior mining companies wishing to estimate the preproduction capital costs of a small underground exploration project can do so themselves with the help of a new publication prepared by the experienc…
Glamis and Gold Fields sign a lease agreement
A formal lease-purchase agreement has been signed between Glamis Gold and Gold Fields Mining for 2,400 unpatented mining claims in Imperial Cty., Calif. The claims cover approximately 75 sq miles in t…
Surface work to start at Gunsteel gold bet
Surface exploration will begin shortly at Gunsteel Resources’ Nugget gold property near Salmo, B.C. According to Stan Endersby, president, consideration is also being given to direct shipping ore to t…
Survival of flow-through debatable under tax reform
The investment community appears divided over how recent tax reform provisions will affect the future of flow-through share financing for mineral exploration. Analysts are scratching their heads over …
United Reef, Canhorn announce results
Results of a nickel offsets joint- venture involving United Reef Petroleums and Canhorn Mining Corporation near Sudbury, Ont., were announced recently. The company says geological mapping and ip surve…
Renewed gold emphasis starts to pay
It wasn’t necessarily a banner year for the six companies which form the Coniagas Group but the results of some exploration ventures involving the group, suggest that at least one member is progressin…
Moneta buys claims in Tisdale Twp. area
Less than a year after it returned to the precious metal business, Moneta Porcupine Mines has reached an agreement with Labrador Mining and Exploration to buy 92 claims in the Timmins, Ont., area. Loc…