Eastmain explores Northern Quebec target areas
An 8-man field crew under a staff geologist is now on location carrying out geophysical and geochemical surveying, mapping and prospecting on the wholly-owned “Highway” Permit of Eastmain Resources in…
Articles by Northern Miner Staff
Northern plans new financing
Northern Mining Explorations of Amos, Que., plans to raise up to $1 million through a new limited partnership, Societe en Commandite Isle-Dieu Matagami, the company reports. J. J. Martel, executive vi…
METAL MARKETS Copper to defy seasonal factors
The near future looks most encouraging for copper, reports Shearson Lehman Brothers in its latest quarterly report on the base metal. The New York company is forecasting that copper will continue to d…
REPORT FROM CALGARY Alberta juniors coast to coast
With the summer field season moving into the second half, Alberta resource companies are well represented all across Canada. Mostly Calgary-based, the majority are conducting gold searches in the Nort…
Giant Yellowknife, a long-term bet
For investors on the lookout for a long-term bet with above average potential, Merrill Lynch mining analyst Robert Cook is recommending Giant Yellowknife Mines. One of Canada’s “major league” gold pro…
Strong platinum values assayed by Equinox
What probably represents one of the least promoted platinum group metal discoveries in the country has yielded some impressive results. Equinox Resources and Technigen Corp. have completed an extensi…
Major drilling is planned by Cambior at Mouska bet
Encouraging gold mineralization has been encountered by widely- spaced surface drilling at Cambior Inc.’s 100%-owned Mouska property in Quebec’s Bousquet Twp., immediately west of the Doyon mine, the …
Top of the heap
Skeptics scoffed when Pegasus Gold of Vancouver announced in 1979 that it was planning to put into production its Landusky and Zortman properties in Montana. Wi th a low grade deposit (0.027 oz gold p…
Fin amalgamates with Continental
Fin Resources of Toronto recently amalgamated with its wholly owned subsidiary Continental Precious Minerals. According to President Edward Godin, Fin and Continental will continue as one corporation …
People Hecla Mining Co.
Arthur Brown, president and chief executive officer, has assumed the additional position of chairman of the board, succeeding William A. Griffith who has retired.
People Newmont Mining Corp.
Mary Beth Donnelly named director of government relations.
Western Goldfields retains $15 million for acquisitions
In September, 1986, Western Goldfields poured the first gold from its 60%-owned Hog Ranch heap leach mine in Nevada. Now the company has reported earnings of 30 cents per share (28 cents fully dilut…