PDA field trip in New Brunswick
The New Brunswick Prospectors and Developers Association plans a field trip June 19 and 20 to gold and tin discoveries and gold-bearing alteration zones in the Saint George Batholith area of the provi…
Articles by Northern Miner Staff
VSE revenue at all-time high
The fiscal year ended March 31 was the best ever for the Vancouver Stock Exchange. Describing the $6.7-million “excess of revenue over expense” as an all- time high, Chairman G. Fabbro attributed the …
Golconda acquires additional projects
Additional precious metal properties have been acquired by Golconda Resources since the company went public at the beginning of this year. In Nevada, the company has acquired a 100% interest in the Co…
Canarim reaps benefits of understanding risk
“We understand risk.” According to William Cara, manager of the Toronto office of Canarim Investment Corp., that’s the underlying philosophy which propelled Canarim to its number one spot as the large…
MFC earnings
MFC Mining Finance Corp. reports first quarter consolidated cash flow of $4 million, and consolidated net earnings of $717,730. Working capital increased during the period by $2,500,000 to $12,900,000…
Sikaman builds reserves on Ghana bet
Reserves in the Bogosu concession in Ghana have been increased by equal partners Sikaman Gold Resources and Denison Mines, Sikaman President A. T. Griffis says. An exploration program, under way since…
Record Trout Lake production boosts Manitoba balance sheet
Record production from Manitoba Mineral Resources’ Trout Lake mine and a reduction in exploration expenses during l986, necessitated a splash of black ink on the company’s balance sheet. The Manitoba …
Road extension to benefit Toodoggone
The decision by Cheni Gold Mines (formerly Serem) to develop its Lawyers property north of Smithers, B.C., should benefit other operators in the region. While the exact impact is difficult to quantify…
Future of flow-through financing rests with federal finance
By the time you read this, a nerve-racking chapter in Canadian mining history will have reached its climax. For many in the industry, expecially i the junior sector, June 18, 1987, will be remembered …
Cominco Resources completes offering
Cominco Resources International Ltd., which recently organized to act as Cominco Ltd.’s exploration and mine development arm outside Canada, Alaska and Australia, has completed the sale of 41.4% of it…
Industrial minerals attract mining companies
While gold has captured the public’s imagination of late, the search for l industrial minerals has proved attractive to a number of mining companies. Properties in Canada and the United States are act…
Belmoral, Vedron discuss merger
The boards of directors of Belmoral Mines and Vedron Ltd. are exploring the possibilities of a merger of the two gold mining companies. Belmoral currently has a 39% interest in Vedron and, under an ex…