Granges, Hycroft sign agreement with syndicate
An agreement has been signed by Granges Exploration and Hycroft Resources and Development with a syndicate led by Bank Gutzwiller, Kurz, Bungener (Overseas) Ltd. for the sale to the syndicate by Hycro…
Articles by Northern Miner Staff
Toronto Stock Exchange Minews remain bullish at expense of weak U.
Amid all the rhetoric at the Venice economic summit, little concrete support is developing for the battered U.S. dollar. U.S. Treasury Secretary James Baker conceded that the Venetian pow-wow will do …
U.S. Precious Metals trading on TSE
The shares of Vancouver-based U.S. Precious Metal began trading on the Toronto Stock Exchange under the stock symbol usp effective recently. The original listing is in the mining category for 10,272,1…
Experts say heap leaching can work in sub-arctic climate
To the untrained observer they look more like unfinished parking lots than h low-cost mining operations.t With piles of ore fragments heaped on top of giant leach pads, it seems p Canada’s heap leach …
Goldteck to spend $2.7 million to explore old Stairs property
Toronto based Goldteck Mines Ltd. has filed a preliminary prospectus for an offering of flow- through and common shares to raise approximately $5.4 million for exploration on three properties, includi…
Cogesco investment at $28-million mark in six properties
Cogesco Mining Resources calculates its total investment in joint ventures on six exploration properties in northwestern Quebec stands at $28 million, including the $16 million the company invested in…
Strong sections drilled at Teck/Tundra’s Lamaque
Underground drilling by partners Teck Corp. and Tundra Gold Mines on property near the closed Lamaque mine at Val d’Or, Que., has intersected several strongly mineralized sections. Hole 13804, drilled…
People (June 15, 1987)
Northair Mines — H. G. Ewanchuk appointed to the board of directors.
Goodman’s mark evident in Royex, Corona shuffle
Espousing a philosophy of flexible strategy, Peter Steen, president and chief executive officer of Royex Gold Mining Corp. explained that Royex has become the flagship of an emerging mining group, anc…
Hemlo Gold on buying spree?
Mining companies often complain that acquisition costs for mature gold properties are simply too high. But not all companies have the financial clout of acquisition-hungry Hemlo Gold Mines which has a…
Underground work planned for New Pascalis claims
An underground exploration program is to begin shortly on the 38 New Pascalis Mines claims located 26 km east of Val d’Or, Que., project operator Cambior Inc. reports. The program, scheduled over 12 m…
Active year for Heenan Senlac
With several promising situations in the works, Heenan Senlac Resources is gearing for an active season, shareholders were told at the annual meeting this week. “We feel quite hopeful”, President Geor…